What was the extent and value of Lombard Odier's stake reduction in Calumet, Inc. during the first quarter?

Lombard Odier Asset Management USA Corp reduced its stake in Calumet, Inc. (NASDAQ:CLMT) by 40.5% in the first quarter, leaving it with shares worth $2.14 million.

What other significant corporate developments involving Calumet, Inc. accompanied Lombard Odier's stake reduction?

The stake reduction occurred alongside notable insider selling by Director Daniel J. Sajkowski and major shareholder Group Heritage, as well as Calumet reporting a much wider-than-expected quarterly loss.

Lombard Odier Reduces Stake in Calumet, Inc. to $2.14 Million

Jul 26, 2026

Lombard Odier Asset Management cut its position in Calumet Specialty Products Partners by 40.5% to $2.14 million in Q1, following wider-than-expected losses and insider selling.

MarketBeat

2026-03-30

Adams Asset Advisors LLC Holds $102.46M Stake in Calumet, Inc.

2026-03-30

Calumet (NASDAQ:CLMT) Given New $60.00 Price Target at HC Wainwright

2026-03-31

H.C. Wainwright Raises Calumet Stock Price Target to $60 from $33

2026-04-02

Calumet (NASDAQ:CLMT) Director Daniel Sajkowski Sells 3,310 Shares

2026-04-05

Calumet, Inc. Receives Consensus 'Hold' Rating from Brokerages