Delek Logistics Partners LP’s filing revealed that its Chairman Yemin Ezra Uzi acquired Company’s shares for reported $0.15 million on Dec 16 ’24. In the deal valued at $39.95 per share,3,750 shares were bought. As a result of this transaction, Yemin Ezra Uzi now holds 162,217 shares worth roughly $ 6.79 million.
Then, Soreq Avigal bought 375 shares, generating $14,880 in total proceeds. Upon buying the shares at $39.68, the President now owns 45,537 shares.
Before that, Yemin Ezra Uzi bought 710 shares. Delek Logistics Partners LP shares valued at $27,500 were divested by the Executive Chairman at a price of $38.72 per share. As a result of the transaction, Yemin Ezra Uzi now holds 54,851 shares, worth roughly $2.3 million.
BofA Securities initiated its Delek Logistics Partners LP [DKL] rating to an Underperform in a research note published on October 17, 2024; the price target was $36. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “a Buy”. Truist began covering DKL with “Buy” recommendation on April 19, 2024. Raymond James revised its rating on March 19, 2024. It rated DKL as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of DKL
On Friday, Delek Logistics Partners LP [NYSE:DKL] saw its stock jump 1.75% to $41.87. Over the last five days, the stock has lost -0.24%. Delek Logistics Partners LP shares have fallen nearly -0.92% since the year began. Nevertheless, the stocks have fallen -5.87% over the past one year. While a 52-week high of $46.50 was reached on 01/21/25, a 52-week low of $37.02 was recorded on 02/13/25. SMA at 50 days reached $41.87, while 200 days put it at $40.59.
Levels Of Support And Resistance For DKL Stock
The 24-hour chart illustrates a support level at 41.18, which if violated will result in even more drops to 40.49. On the upside, there is a resistance level at 42.28. A further resistance level may holdings at 42.69. The Relative Strength Index (RSI) on the 14-day chart is 44.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.72%. Stochastics %K at 15.76% indicates the stock is a buying.
How much short interest is there in Delek Logistics Partners LP?
A steep rise in short interest was recorded in Delek Logistics Partners LP stocks on 2025-01-31, growing by 0.15 million shares to a total of 1.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.09 million shares. There was a rise of 12.27%, which implies that there is a positive sentiment for the stock.
