Suburban Propane director Logan sells $139k in shares

Published 15/08/2025, 21:22
Suburban Propane director Logan sells $139k in shares

Director Logan Harold R Jr. of Suburban Propane Partners LP (NYSE:SPH), a $1.21 billion market cap company trading at a P/E of 12.3, sold 7,500 common units of the company on August 13, 2025, at a price of $18.66, for a total value of $139,950. The company, which currently offers a 7% dividend yield and has maintained dividend payments for 30 consecutive years, is trading near its InvestingPro Fair Value.

Following the transaction, Logan Harold R Jr. directly owns 31,727 common units in Suburban Propane Partners LP . Get access to more exclusive insights and detailed analysis with the comprehensive Pro Research Report, available on InvestingPro, covering what really matters about SPH and 1,400+ other stocks.

In other recent news, Suburban Propane Partners LP reported its third-quarter results for 2025, revealing a mixed performance. The company experienced challenges with its earnings per share (EPS), which came in at -$0.23, falling short of the analyst forecast of -$0.19. This resulted in a negative surprise of 21.05%. Revenue also did not meet expectations, totaling $226.89 million compared to the anticipated $270 million, marking a surprise of -15.97%. These results highlight ongoing challenges for Suburban Propane in aligning with market expectations. Despite these financial setbacks, the company remains a point of interest for investors monitoring its future performance. The recent developments indicate the need for close attention to the company’s strategies moving forward.

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