Par Pacific Holdings (NASDAQ:PARR) Getting Positive Press Coverage, Accern Reports

Media coverage about Par Pacific Holdings (NASDAQ:PARR) has been trending positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Par Pacific Holdings earned a news sentiment score of 0.35 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.9932867452842 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Par Pacific Holdings (NASDAQ PARR) traded up 0.54% on Friday, hitting $16.89. The company’s stock had a trading volume of 133,749 shares. Par Pacific Holdings has a 1-year low of $12.18 and a 1-year high of $19.41. The company has a 50 day moving average price of $17.64 and a 200-day moving average price of $16.55. The company has a market capitalization of $773.60 million and a P/E ratio of 37.70.

Par Pacific Holdings (NASDAQ:PARR) last announced its quarterly earnings data on Monday, August 7th. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. The business had revenue of $564.25 million during the quarter, compared to analyst estimates of $600.80 million. On average, equities analysts forecast that Par Pacific Holdings will post $1.33 earnings per share for the current fiscal year.

A number of research firms have recently weighed in on PARR. Cowen and Company reaffirmed a “buy” rating and set a $20.00 price target on shares of Par Pacific Holdings in a report on Thursday. Zacks Investment Research cut Par Pacific Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 6th.

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In other news, insider William Pate bought 15,000 shares of the business’s stock in a transaction on Friday, May 26th. The shares were bought at an average cost of $16.83 per share, for a total transaction of $252,450.00. Following the completion of the acquisition, the insider now owns 123,111 shares in the company, valued at approximately $2,071,958.13. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Melvyn N. Klein bought 10,000 shares of the business’s stock in a transaction on Wednesday, May 31st. The stock was purchased at an average price of $16.95 per share, for a total transaction of $169,500.00. Following the completion of the acquisition, the director now owns 38,073 shares of the company’s stock, valued at approximately $645,337.35. The disclosure for this purchase can be found here. Insiders purchased 26,000 shares of company stock worth $438,390 over the last 90 days.

Insider Buying and Selling by Quarter for Par Pacific Holdings (NASDAQ:PARR)

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