Global Partners (GLP) Insider Global Gp LLC Buys $233K of Stock
Global GP LLC acquired 5,000 shares of GLP, investing $233,450.
Reviewed by automated data checks against the source filing. How we make and check alerts
Global Gp LLC bought 5,000 shares of Global Partners LP ($GLP) at an average price of $46.69, worth about $233,450, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $GLP is down 5.5% after 1 week, up 4.9% after 1 month and up 10.7% to date (from the $44.90 close on Jun 15, 2026).
Key Points
- Global GP LLC bought 5,000 shares of GLP for $233,450 on June 15, 2026, with an average price of $46.69 per share.
- Shares of GLP are trading around $43.19, with recent insider buying activity suggesting confidence in the company.
- Other funds like ALPS Advisors Inc and Mirae Asset Global ETFs Holdings Ltd. also adjusted their positions in GLP.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Global Partners LP alert may contain errors. Disclosures
Global GP LLC recently acquired 5,000 shares of GLP, spending about $233,450. This transaction was completed on June 15, 2026, at an average price of $46.69 per share. The purchase was not part of a pre-planned trading program.
Other Institutional Activity in GLP
Several other institutional investors have also adjusted their holdings in GLP. ALPS Advisors Inc increased its stake by 44,141 shares, ending with 6,043,985 shares valued at approximately $254.5 million. In contrast, Invesco Ltd. reduced its position by 19,619 shares, now holding 2,185,565 shares worth about $92 million. Mirae Asset Global ETFs Holdings Ltd. added 114,819 shares, bringing its total to 2,037,005 shares valued at $85.8 million. Pallas Capital Advisors LLC also grew its holdings by 99,900 shares, reaching a total of 1,727,873 shares valued at $72.7 million.
Global Partners LP Stock Down 11.8%
Shares of GLP are currently trading near $43.19. The company's stock has seen fluctuations, with a 52-week range that spans from a low to a high not specified here. The stock's recent trading activity and insider purchases suggest ongoing interest and confidence from various stakeholders.
Insider Buying and Selling at Global Partners LP
Global GP LLC has been actively purchasing shares of GLP throughout June. On June 15, 2026, they bought 5,000 shares at $46.69 each. Earlier, on June 12, they acquired another 5,000 shares at $46.50 per share. This pattern continued with purchases on June 10, June 9, June 8, and June 4, each involving 5,000 shares at prices ranging from $49.29 to $50.17. These transactions were not part of a pre-planned trading program.
Analysts Set New Price Targets
On March 2, 2026, Stifel maintained its 'hold' rating on GLP with a price target of $46. This follows previous assessments, including a 'hold' rating at a $45 target in November 2025. Analyst opinions reflect a cautious outlook on the stock's potential, aligning with the current market dynamics.
About GLP
GLP is a company involved in the logistics and industrial real estate sector. It provides services and infrastructure that support supply chains globally. The company is known for its expansive network and strategic locations, which help optimize logistics operations for various industries. GLP continues to expand its footprint, adapting to the evolving needs of its clients.
Bottom Line
Global GP LLC's recent purchase of GLP shares suggests confidence in the company's future prospects. While the stock's current trading price is around $43.19, the insider buying activity and institutional interest highlight ongoing engagement with the company. It's important for investors to remember that insider transactions are backward-looking and may not always predict future performance.
Source: Global Gp LLC's Form 4 filing on $GLP (Jun 15, 2026). Find the original filing: GLP Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
