Dorian LPG director Oivind Lorentzen sells $1.14m in shares
Dorian LPG Ltd. (NASDAQ:LPG) director Oivind Lorentzen transferred ownership of 20,000 shares in a single transaction on September 21, 2026. The sale took place at a price of $56.8063 per share, generating $1,136,126. The recent stock decline of 8% over the past week contrasted with a more favorable performance, as the shares have increased by 88% year-to-date, resulting in a 135% gain for the year-to-date.
Following the sale, Lorentzen now holds a total of 10,301 common shares directly and indirectly beneficially owns 107,050 shares through various trusts. He holds voting and dispositive power over the securities, but disclaims ownership interest except for the pecuniary interest. The company's stock trades with a low P/E ratio of 7.1 and offers a substantial dividend yield of 6.3%.
For a comprehensive analysis of LPG's valuation and performance, readers can consult InvestingPro, which provides detailed reports on over 1,400 US equities.
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