Insider Buying: Dorchester Minerals, L.P. (DMLP) Insider Buys $273,672.00 in Stock

Dorchester Minerals, L.P. (NASDAQ:DMLP) insider Minerals Operating Dorchester acquired 18,900 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was bought at an average price of $14.48 per share, for a total transaction of $273,672.00. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of Dorchester Minerals, L.P. (NASDAQ DMLP) opened at 14.30 on Monday. The company has a 50 day moving average price of $14.54 and a 200 day moving average price of $15.91. Dorchester Minerals, L.P. has a 1-year low of $13.90 and a 1-year high of $19.30. The company has a market capitalization of $461.59 million, a PE ratio of 14.93 and a beta of 0.80.

Dorchester Minerals, L.P. (NASDAQ:DMLP) last announced its earnings results on Thursday, August 3rd. The energy company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $12.55 million for the quarter. Dorchester Minerals, L.P. had a net margin of 65.28% and a return on equity of 41.71%.

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A number of institutional investors have recently bought and sold shares of DMLP. Goldman Sachs Group Inc. purchased a new stake in Dorchester Minerals, L.P. in the 2nd quarter worth about $274,000. Virtu KCG Holdings LLC purchased a new stake in Dorchester Minerals, L.P. in the 2nd quarter worth about $201,000. Ameriprise Financial Inc. purchased a new stake in Dorchester Minerals, L.P. in the 2nd quarter worth about $161,000. Mraz Amerine & Associates Inc. raised its position in Dorchester Minerals, L.P. by 38.6% in the 2nd quarter. Mraz Amerine & Associates Inc. now owns 37,170 shares of the energy company’s stock worth $537,000 after purchasing an additional 10,354 shares during the period. Finally, Lee Financial Co raised its position in Dorchester Minerals, L.P. by 9.5% in the 2nd quarter. Lee Financial Co now owns 23,001 shares of the energy company’s stock worth $332,000 after purchasing an additional 2,000 shares during the period. 13.33% of the stock is currently owned by institutional investors.

Several research analysts have recently commented on the company. TheStreet upgraded Dorchester Minerals, L.P. from a “c+” rating to a “b” rating in a report on Friday, May 26th. BidaskClub downgraded Dorchester Minerals, L.P. from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th.

About Dorchester Minerals, L.P.

Dorchester Minerals, L.P. is a limited partnership company. The Company is engaged in the acquisition, ownership and administration of Royalty Properties and net profits interests (NPIs). As of December 31, 2016, the Royalty Properties consisted of producing and nonproducing mineral, royalty, overriding royalty, net profits and leasehold interests located in 574 counties and parishes in 25 states.

Insider Buying and Selling by Quarter for Dorchester Minerals, L.P. (NASDAQ:DMLP)

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