StoneMor Partners L.P. (NYSE:STON) major shareholder Axar Capital Management L.P. bought 18,260 shares of StoneMor Partners stock in a transaction dated Thursday, February 7th. The stock was acquired at an average cost of $3.12 per share, with a total value of $56,971.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Axar Capital Management L.P. also recently made the following trade(s):
- On Monday, February 11th, Axar Capital Management L.P. purchased 23,655 shares of StoneMor Partners stock. The shares were purchased at an average price of $3.15 per share, for a total transaction of $74,513.25.
Shares of StoneMor Partners stock remained flat at $$3.25 on Monday. 16,908 shares of the stock were exchanged, compared to its average volume of 49,761. StoneMor Partners L.P. has a twelve month low of $2.00 and a twelve month high of $6.95.
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About StoneMor Partners
StoneMor Partners L.P., together with its subsidiaries, owns and operates cemeteries and funeral homes in the United States. It operates through two segments, Cemetery Operations and Funeral Home Operations. The company's cemetery products and services include interment rights, such as burial lots, lawn crypts, mausoleum crypts, cremation niches, and perpetual care rights; merchandise comprising burial vaults, caskets, grave markers and grave marker bases, and memorials; and installation services for burial vaults, caskets, and other cemetery merchandise, as well as others.
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