Delek boss in big stock sale

On the heels of helping shares of Delek US Holdings double since the beginning of the year, President and CEO Uzi Yemin last week cashed in some of his chips. The 43-year-old on Thursday sold via a block trade 144,000 shares for $3.6 million. The move — which still leaves Yemin with about 500,000 Delek shares — came just in time: Delek (Ticker: DK) is down almost 8 percent today after Credit Suisse analyst Edward Westlake downgraded it to 'neutral' from 'outperform.' Westlake now has a $32 price target on the stock, up from $29.