PEDEVCO Corp. (NYSEAMERICAN:PED – Get Rating) President John Douglas Schick sold 33,333 shares of PEDEVCO stock in a transaction that occurred on Thursday, January 19th. The shares were sold at an average price of $1.07, for a total value of $35,666.31. Following the completion of the transaction, the president now owns 570,467 shares in the company, valued at $610,399.69. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
John Douglas Schick also recently made the following trade(s):
- On Friday, January 13th, John Douglas Schick sold 21,600 shares of PEDEVCO stock. The shares were sold at an average price of $1.10, for a total value of $23,760.00.
PEDEVCO Trading Up 0.9 %
PEDEVCO stock opened at $1.09 on Tuesday. PEDEVCO Corp. has a 1-year low of $0.90 and a 1-year high of $2.44. The company has a market capitalization of $93.25 million, a P/E ratio of 21.80 and a beta of 1.24.
Institutional Trading of PEDEVCO
A number of institutional investors have recently modified their holdings of the business. First Republic Investment Management Inc. purchased a new position in shares of PEDEVCO in the first quarter valued at $28,000. Jane Street Group LLC purchased a new stake in shares of PEDEVCO in the 1st quarter worth about $30,000. Northern Trust Corp boosted its position in shares of PEDEVCO by 167.5% in the 2nd quarter. Northern Trust Corp now owns 42,883 shares of the company’s stock worth $49,000 after buying an additional 26,851 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of PEDEVCO by 224.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 41,197 shares of the company’s stock worth $56,000 after buying an additional 28,497 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of PEDEVCO in the 2nd quarter worth about $58,000. 4.80% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, EF Hutton Acquisition Co. I reiterated a “buy” rating and issued a $2.40 target price on shares of PEDEVCO in a research note on Thursday, December 22nd.
PEDEVCO Company Profile
PEDEVCO Corp. engages in the acquisition, exploration, and development of oil and natural gas assets. It focuses on the operation of Permian and Denver-Julesberg Basins. The company was founded by Frank C. Ingriselli in September 2000 and is headquartered in Houston, TX.
- Get a free copy of the StockNews.com research report on PEDEVCO (PED)
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