SVP Sakazi Odely bought 128 DKL shares at $39.00; same-ticker history shows 4 prior buys all with positive 90d returns; cluster of 3 others also bought in past 14 days.
Sakazi Odely, Senior Vice President at Delek Logistics Partners, purchased 128 shares at $39.00 on 2024-10-10, adding to a 5,066-share position post-transaction. This buy occurs against a backdrop of price weakness: the stock is -25.4% from its 52-week high of $52.48 and down 6.8% over 30 days. However, Odely's same-ticker history at DKL shows a strong pattern of timing: all 4 prior purchases resulted in positive 90-day returns, ranging from 5.3% to 7.1%, indicating consistent early entry points before subsequent rallies. Additionally, 3 other insiders also bought DKL within the past 14 days, forming a cluster buy pattern that suggests coordinated conviction at current price levels. The company's fundamentals remain solid with $264.6M quarterly revenue and $32.6M net income (P/E: 14.13), though annual revenue growth was -1.5% year-over-year.