Goehring & Rozencwajg Associates LLC Has $4.80 Million Holdings in Intrepid Potash, Inc. (NYSE:IPI)

Goehring & Rozencwajg Associates LLC boosted its position in Intrepid Potash, Inc. (NYSE:IPI) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 209,362 shares of the basic materials company’s stock after buying an additional 1,272 shares during the period. Goehring & Rozencwajg Associates LLC owned approximately 1.59% of Intrepid Potash worth $4,803,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. R Squared Ltd bought a new position in shares of Intrepid Potash in the 4th quarter worth about $38,000. SG Americas Securities LLC acquired a new stake in Intrepid Potash during the third quarter worth approximately $142,000. Quest Partners LLC lifted its stake in Intrepid Potash by 24,863.2% in the third quarter. Quest Partners LLC now owns 9,486 shares of the basic materials company’s stock valued at $228,000 after buying an additional 9,448 shares during the period. Squarepoint Ops LLC bought a new position in shares of Intrepid Potash during the 2nd quarter worth approximately $303,000. Finally, Barclays PLC grew its position in shares of Intrepid Potash by 282.6% during the 3rd quarter. Barclays PLC now owns 14,350 shares of the basic materials company’s stock worth $344,000 after buying an additional 10,599 shares during the period. Institutional investors own 56.13% of the company’s stock.

Insider Buying and Selling at Intrepid Potash

In other Intrepid Potash news, major shareholder Robert P. Jornayvaz III sold 5,454 shares of Intrepid Potash stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $26.24, for a total transaction of $143,112.96. Following the completion of the transaction, the insider now owns 371,533 shares in the company, valued at approximately $9,749,025.92. The trade was a 1.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders sold 428,748 shares of company stock worth $10,870,406. 18.00% of the stock is owned by corporate insiders.

Intrepid Potash Stock Down 1.7 %

Shares of NYSE:IPI opened at $25.19 on Friday. Intrepid Potash, Inc. has a twelve month low of $17.65 and a twelve month high of $29.75. The stock’s 50 day moving average is $24.89 and its 200-day moving average is $24.73. The firm has a market capitalization of $333.19 million, a price-to-earnings ratio of -7.52 and a beta of 2.23.

Analyst Ratings Changes

Several brokerages recently issued reports on IPI. UBS Group increased their target price on shares of Intrepid Potash from $19.00 to $21.00 and gave the stock a “sell” rating in a research note on Tuesday, January 28th. StockNews.com raised shares of Intrepid Potash from a “sell” rating to a “hold” rating in a research report on Wednesday, November 6th.

Intrepid Potash Profile

Intrepid Potash, Inc, together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement.