Delek Logistics President Avigal Soreq Purchases Additional Shares
Avigal Soreq, President of Delek Logistics Partners (NYSE: DKL), purchased 2,500 shares on August 13, 2026, for a total value of $125,000. The transaction increased his direct ownership to 84,782 shares, representing approximately 0.1% of the company as of the market close on August 14, 2026. The purchase occurred at an average price of $50 per share, below the closing price of $52.30 that day and significantly lower than the subsequent market close of $54.01. The insider's stake is concentrated in common units with no reported derivative holdings such as stock options or restricted units. While Soreq’s purchase signals confidence in Delek Logistics’ future, analysts remain cautious about its near-term outlook. The median one-year price target from six covering analysts is $55 per share, suggesting limited upside potential for investors.
Tickers: $DKL
Topics: equity stake insider buying SEC filing