Thomas Jason Coleman Sells 100,000 Shares of Dorian LPG Ltd. (NYSE:LPG) Stock

Dorian LPG Ltd. (NYSE:LPGGet Rating) Director Thomas Jason Coleman sold 100,000 shares of the business’s stock in a transaction on Friday, April 8th. The stock was sold at an average price of $15.40, for a total transaction of $1,540,000.00. Following the transaction, the director now owns 3,112,240 shares of the company’s stock, valued at approximately $47,928,496. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Thomas Jason Coleman also recently made the following trade(s):

  • On Wednesday, April 6th, Thomas Jason Coleman sold 100,000 shares of Dorian LPG stock. The shares were sold at an average price of $15.02, for a total transaction of $1,502,000.00.
  • On Monday, April 4th, Thomas Jason Coleman sold 18,000 shares of Dorian LPG stock. The shares were sold at an average price of $14.85, for a total transaction of $267,300.00.
  • On Monday, March 28th, Thomas Jason Coleman sold 24,000 shares of Dorian LPG stock. The shares were sold at an average price of $14.76, for a total transaction of $354,240.00.
  • On Friday, March 25th, Thomas Jason Coleman sold 100,000 shares of Dorian LPG stock. The stock was sold at an average price of $14.90, for a total transaction of $1,490,000.00.
  • On Wednesday, March 23rd, Thomas Jason Coleman sold 30,000 shares of Dorian LPG stock. The shares were sold at an average price of $13.66, for a total transaction of $409,800.00.
  • On Monday, March 21st, Thomas Jason Coleman sold 79,200 shares of Dorian LPG stock. The shares were sold at an average price of $13.87, for a total transaction of $1,098,504.00.
  • On Friday, March 11th, Thomas Jason Coleman sold 15,000 shares of Dorian LPG stock. The shares were sold at an average price of $13.99, for a total transaction of $209,850.00.
  • On Monday, March 7th, Thomas Jason Coleman sold 60,000 shares of Dorian LPG stock. The shares were sold at an average price of $14.61, for a total transaction of $876,600.00.

Shares of LPG stock opened at $15.44 on Wednesday. Dorian LPG Ltd. has a 52 week low of $10.77 and a 52 week high of $15.68. The stock has a market cap of $619.75 million, a P/E ratio of 8.44 and a beta of 1.17. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.27 and a current ratio of 2.29. The company has a fifty day simple moving average of $13.70.

Dorian LPG (NYSE:LPGGet Rating) last announced its quarterly earnings data on Thursday, February 3rd. The shipping company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.84 by ($0.50). The company had revenue of $68.60 million for the quarter. Dorian LPG had a return on equity of 7.50% and a net margin of 27.39%.

Institutional investors have recently bought and sold shares of the business. Morgan Stanley raised its position in shares of Dorian LPG by 33.8% during the 2nd quarter. Morgan Stanley now owns 330,301 shares of the shipping company’s stock worth $4,664,000 after buying an additional 83,463 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of Dorian LPG by 3.8% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 99,181 shares of the shipping company’s stock worth $1,400,000 after purchasing an additional 3,672 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Dorian LPG by 31.3% in the second quarter. Thrivent Financial for Lutherans now owns 119,092 shares of the shipping company’s stock worth $1,682,000 after acquiring an additional 28,385 shares in the last quarter. WINTON GROUP Ltd increased its position in shares of Dorian LPG by 24.5% in the third quarter. WINTON GROUP Ltd now owns 39,311 shares of the shipping company’s stock worth $488,000 after acquiring an additional 7,745 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Dorian LPG during the third quarter valued at approximately $243,000. 73.59% of the stock is owned by hedge funds and other institutional investors.

Separately, StockNews.com assumed coverage on shares of Dorian LPG in a research report on Thursday, March 31st. They issued a “hold” rating on the stock.

About Dorian LPG (Get Rating)

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 19, 2021, its fleet consisted of twenty-three VLGCs. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.

Further Reading

Insider Buying and Selling by Quarter for Dorian LPG (NYSE:LPG)

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