Adams Resources & Energy Inc (NYSEMKT:AE) insider Townes G. Pressler acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The shares were acquired at an average cost of $35.70 per share, with a total value of $35,700.00. Following the purchase, the insider now owns 1,700 shares in the company, valued at approximately $60,690. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Adams Resources & Energy Inc (AE) opened at 35.31 on Wednesday. Adams Resources & Energy Inc has a 52 week low of $32.80 and a 52 week high of $44.00. The company’s 50-day moving average is $36.09 and its 200 day moving average is $38.62. The stock’s market cap is $148.90 million.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Wednesday, September 6th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Friday, September 1st. Adams Resources & Energy’s payout ratio is currently -96.70%.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/13/adams-resources-energy-inc-ae-insider-townes-g-pressler-purchases-1000-shares.html.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp grew its holdings in shares of Adams Resources & Energy by 6.0% during the second quarter. State Street Corp now owns 46,912 shares of the energy company’s stock worth $1,926,000 after buying an additional 2,644 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Adams Resources & Energy by 1.9% during the second quarter. Dimensional Fund Advisors LP now owns 351,391 shares of the energy company’s stock worth $14,435,000 after buying an additional 6,656 shares in the last quarter. FMR LLC grew its holdings in shares of Adams Resources & Energy by 1.1% during the second quarter. FMR LLC now owns 177,529 shares of the energy company’s stock worth $7,293,000 after buying an additional 1,955 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Adams Resources & Energy by 41.6% during the second quarter. Vanguard Group Inc. now owns 114,287 shares of the energy company’s stock worth $4,695,000 after buying an additional 33,581 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Adams Resources & Energy by 8.4% during the second quarter. Northern Trust Corp now owns 67,962 shares of the energy company’s stock worth $2,792,000 after buying an additional 5,278 shares in the last quarter.

Adams Resources & Energy Company Profile

Adams Resources & Energy, Inc, along with its subsidiaries, is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals, and oil and gas exploration and production. The Company’s segments include Marketing Segment, Transportation Segment, and Oil and Gas Segment. The Company manages its Marketing Segment through its subsidiary, Gulfmark Energy, Inc, which is engaged in marketing of crude oil.

Receive News & Stock Ratings for Adams Resources & Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adams Resources & Energy Inc and related stocks with our FREE daily email newsletter.