StoneMor Partners L.P. (STON) Insider Acquires 1,000 Shares

StoneMor Partners L.P. (NYSE:STON), saw a top level insider raise his exposure to the company through a transaction officially filed today August 14th. Director Fenton R. Talbott purchased 1,000 shares of common stock at an average price of $24.14 per share. Following this transaction, Talbott now has a total of 41,535 shares directly invested into the company.
A $711.04 million market cap corporation, StoneMor Partners L.P. (NYSE:STON), owns and operates cemeteries in the United States. Its cemetery products and services includes interment rights, which includes burial lots, lawn crypts, mausoleum crypts, cremation niches and perpetual care rights; merchandise, which includes burial vaults, caskets, grave markers and grave marker bases and memorials, and services, which includes installation of burial vaults, installation of caskets, installation of other cemetery merchandise and other service items.
In addition, there are no hedge funds with substantial holdings in the company.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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