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Steel Partners Holdings L.P. (NYSE:SPLP - Get Rating) President Jack L. Howard sold 12,000 shares of the company's stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of $23.24, for a total transaction of $278,880.00. Following the completion of the transaction, the president now owns 229,375 shares of the company's stock, valued at approximately $5,330,675. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Steel Partners Stock Down 0.1 %

SPLP traded down $0.05 during trading hours on Friday, hitting $42.98. 1,977 shares of the company's stock were exchanged, compared to its average volume of 3,213. Steel Partners Holdings L.P. has a 1-year low of $27.40 and a 1-year high of $47.62. The stock's 50-day moving average is $42.77 and its two-hundred day moving average is $42.30. The stock has a market cap of $936.10 million, a price-to-earnings ratio of 7.30 and a beta of 1.49. The company has a quick ratio of 1.08, a current ratio of 1.26 and a debt-to-equity ratio of 0.41.

Steel Partners (NYSE:SPLP - Get Rating) last posted its quarterly earnings results on Friday, August 5th. The conglomerate reported $1.03 earnings per share (EPS) for the quarter. Steel Partners had a net margin of 8.85% and a return on equity of 12.15%. The firm had revenue of $441.41 million for the quarter. Institutional Trading of Steel Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA acquired a new stake in Steel Partners during the first quarter worth about $122,000. HM Payson & Co. acquired a new stake in shares of Steel Partners in the 1st quarter valued at approximately $153,000. Advisory Services Network LLC acquired a new stake in shares of Steel Partners in the 1st quarter valued at approximately $287,000. FORVIS Wealth Advisors LLC acquired a new stake in Steel Partners during the 2nd quarter worth approximately $388,000. Finally, HighTower Advisors LLC boosted its position in Steel Partners by 3.6% during the 4th quarter. HighTower Advisors LLC now owns 18,474 shares of the conglomerate's stock worth $776,000 after buying an additional 641 shares during the period. 88.82% of the stock is owned by institutional investors. Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Steel Partners in a report on Friday, September 2nd. They set a "strong-buy" rating for the company.About Steel Partners (Get Rating)

Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, and Financial Services segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications.Featured ArticlesGet a free copy of the StockNews.com research report on Steel Partners (SPLP)Prepare For A Record-Setting Quarter For Cyber Security StocksThe Auto Market Is Slowly Recovering, These Stocks May OutperformIs DocuSign On The Verge Of A Major Reversal?Oil and Gas Stocks: A Safe Way to Invest in Renewable EnergyWhen Will the Hangover Finally Be Over for Seagate Technology?

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