Dorian LPG Ltd (LPG, +N, April 4th)

John Hadjipateras (Chair and CEO since 2013) purchased $592,000 of stock on the 31st March at $19.73, increasing his stake by 2%. This is a reversal from a sale at $13.50 in March 2021 (via a tender offer) and a much higher price than his last purchase, at $7.73 in April 2019. While his record as a buyer is mixed, this is an unusual purchase into strength.

Note that Thomas Coleman (Non Exec since 2013) has been a consistent indirect seller (on behalf of Kensico
Capital) into strength since March 2022, his record so far has been poor.

We are ranking the stock +N.

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