Trygve Seglem Buys Shares of KNOT Offshore Partners LP $KNOP
Key Points
- Trygve Seglem bought 1,250,000 shares of KNOT Offshore Partners LP ($KNOP) worth $25 million.
- $KNOP last traded around $10.37.
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Trygve Seglem, insider at KNOT Offshore Partners LP ($KNOP), bought 1,250,000 shares at an average price of $20, for a total transaction of $25 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
KNOT Offshore Partners LP Stock Down 4.9%
Shares of KNOT Offshore Partners LP ($KNOP) traded around $10.37 on Wednesday, down 4.9% for the day.
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About KNOT Offshore Partners LP
KNOT Offshore Partners LP, together with its subsidiaries, acquires, owns, and operates shuttle tankers in the United Kingdom and Brazil. The company loads, transports, condensates, and discharges crude oil from offshore oil field installations to onshore terminals and refineries. It serves oil majors and national oil companies. The company was incorporated in 2013 and is headquartered in Aberdeen, the United Kingdom.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.