Joseph Steinberg an Insider in Crimson Wine Group Ltd, Purchased 3,100 Shares of the Company; Key Energy Services (KEG) Shorts Raised By 5.51%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Logo

Key Energy Services Inc (NYSE:KEG) had an increase of 5.51% in short interest. KEG’s SI was 610,500 shares in May as released by FINRA. Its up 5.51% from 578,600 shares previously. With 100,200 avg volume, 6 days are for Key Energy Services Inc (NYSE:KEG)’s short sellers to cover KEG’s short positions. The SI to Key Energy Services Inc’s float is 7.82%. The stock increased 4.75% or $0.77 during the last trading session, reaching $16.99. About 83,338 shares traded. Key Energy Services, Inc. (NYSE:KEG) has declined 47.93% since May 3, 2017 and is downtrending. It has underperformed by 59.48% the S&P500.

Investors sentiment decreased to 0.57 in 2017 Q4. Its down 0.68, from 1.25 in 2017Q3. It worsened, as 3 investors sold Crimson Wine Group, Ltd. shares while 4 reduced holdings. 2 funds opened positions while 2 raised stakes. 5.25 million shares or 0.64% less from 5.28 million shares in 2017Q3 were reported. Lawson Kroeker Inv Management Inc Ne owns 360,955 shares for 1.24% of their portfolio. Price Michael F invested 1.29% in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Mutual Of America Cap Ltd Liability reported 0.11% of its portfolio in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Beck Mack Oliver Limited Liability has 1.11% invested in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) for 3.16M shares. Inr Advisory Svcs Lc has invested 0% of its portfolio in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Markston Limited Liability Corporation holds 0% or 40 shares in its portfolio. Menlo Advsrs Lc reported 12,203 shares. Edge Wealth Mngmt Limited Liability has 0% invested in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) for 70 shares. Highlander Mngmt Limited Liability Corp has invested 0% in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Staley Advisers holds 29,546 shares. Massachusetts-based Panagora Asset Mngmt has invested 0% in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Gilder Gagnon Howe And Company Limited Liability Company has invested 0% in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Karpas Strategies Ltd Limited Liability Company invested 0.07% of its portfolio in Crimson Wine Group, Ltd. (OTCMKTS:CWGL). Vigilant Capital Ltd Liability Co invested in 200 shares.

Since March 19, 2018, it had 12 insider buys, and 0 selling transactions for $159,441 activity. 1,800 shares valued at $16,604 were bought by STEINBERG JOSEPH S on Wednesday, April 18. Cumming John D. had bought 3,026 shares worth $29,443. DeLong Patrick M bought $5,204 worth of stock.

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of ultra-premium and wines. The company has market cap of $220.78 million. The firm operates through two divisions, Wholesale and Direct to Consumer. It has a 35.66 P/E ratio. The firm sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally.

Yesterday, the director of Crimson Wine Group Ltd, Mr. Joseph Steinberg, made a purchase of 3,100 shares, totalling $28,365 US Dollars, at an average $9.2 per share. In the last 30 days, he also bought 9,100 shares that are worth approx $84,358 USD. Joseph Steinberg now has rights to 10.41% of Crimson Wine Group Ltd’s total market cap with ownership of 2.50 million shares. 

The stock increased 1.10% or $0.1 during the last trading session, reaching $9.2. About shares traded. Crimson Wine Group, Ltd. (OTCMKTS:CWGL) has 0.00% since May 3, 2017 and is . It has underperformed by 11.55% the S&P500.

Key Energy Services, Inc. operates as an onshore rig well servicing contractor. The company has market cap of $343.50 million. It operates through U.S. It currently has negative earnings. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International divisions.

Among 9 analysts covering Key Energy (NYSE:KEG), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Key Energy had 20 analyst reports since July 31, 2015 according to SRatingsIntel. On Wednesday, March 29 the stock rating was upgraded by PiperJaffray to “Overweight”. Piper Jaffray maintained Key Energy Services, Inc. (NYSE:KEG) on Sunday, April 1 with “Buy” rating. The firm earned “Buy” rating on Thursday, September 21 by Johnson Rice. The stock has “Sector Perform” rating by Howard Weil on Friday, July 31. Robert W. Baird downgraded Key Energy Services, Inc. (NYSE:KEG) rating on Wednesday, October 14. Robert W. Baird has “Neutral” rating and $1 target. Cowen & Co maintained Key Energy Services, Inc. (NYSE:KEG) rating on Tuesday, August 4. Cowen & Co has “Market Perform” rating and $1.20 target. The company was maintained on Wednesday, August 9 by Piper Jaffray. Nomura maintained the stock with “Neutral” rating in Friday, August 11 report. The firm has “Neutral” rating by Seaport Global given on Wednesday, June 21. The stock of Key Energy Services, Inc. (NYSE:KEG) earned “Buy” rating by Seaport Global on Wednesday, January 17.

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