The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. NGL Energy Partners LP shares valued at $215,852 were purchased by KRIMBILL H MICHAEL on Feb 14 ’25. At $4.80 per share, KRIMBILL H MICHAEL acquired 45,000 shares. The insider’s holdings grew to 648,000 shares worth approximately $2.81 million following the completion of this transaction.
Also, KRIMBILL H MICHAEL purchased 25,983 shares, netting a total of over 112,325 in proceeds. Following the buying of shares at $4.32 each, the insider now holds 2,964,598 shares.
Before that, KRIMBILL H MICHAEL had added 15,000 shares to its account. In a trade valued at $67,406, the Chief Executive Officer bought NGL Energy Partners LP shares for $4.49 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $2.62 million.
As published in a research note from UBS on February 18, 2021, NGL Energy Partners LP [NGL] has been rated up from a Sell to a Neutral and the price target has been revised to $3 from $2. Analysts at UBS downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in mid October. As of July 22, 2020, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for NGL. Earlier on April 02, 2020, Credit Suisse downgraded its rating. Their new recommendation was “an Underperform” for NGL stock which previously was a “a Neutral”.
Analyzing NGL Stock Performance
On last trading session,, NGL Energy Partners LP [NYSE: NGL] rose 4.33% to $4.34. The stock’s lowest price that day was $4.17, but it reached a high of $4.36 in the same session. During the last five days, there has been a surge of approximately 19.56%. Over the course of the year, NGL Energy Partners LP shares have dropped approximately -13.03%.
Support And Resistance Levels for NGL Energy Partners LP (NGL)
RSI (Relative Strength Index) is 70.30 on the 14-day chart, showing overbought technical sentiment.
Is NGL Energy Partners LP subject to short interest?
Stocks of NGL Energy Partners LP saw a sharp rise in short interest on 2025-05-30 jumping by 0.16 million shares to 2.8 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 2.64 million shares. A jump of 5.77% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 9.43 of the overall float, the days-to-cover ratio (short ratio) jumped to 9.43.
