Pedevco Corp (PED) VP Sells $28,750.00 in Stock
Pedevco Corp (NYSEAMERICAN:PED) VP Moore Clark sold 25,000 shares of the firm’s stock in a transaction dated Friday, January 11th. The shares were sold at an average price of $1.15, for a total value of $28,750.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Moore Clark also recently made the following trade(s):
- On Friday, December 28th, Moore Clark sold 39,000 shares of Pedevco stock. The shares were sold at an average price of $0.67, for a total value of $26,130.00.
Shares of PED stock traded up $0.36 during trading hours on Monday, hitting $1.61. 2,170,839 shares of the company were exchanged, compared to its average volume of 165,876. Pedevco Corp has a one year low of $0.26 and a one year high of $4.44.
Hedge funds have recently modified their holdings of the company. Shufro Rose & Co. LLC lifted its holdings in Pedevco by 51.3% in the third quarter. Shufro Rose & Co. LLC now owns 147,778 shares of the company’s stock worth $327,000 after acquiring an additional 50,075 shares during the last quarter. Vanguard Group Inc. bought a new position in Pedevco in the third quarter worth about $134,000. Finally, Vanguard Group Inc bought a new position in Pedevco in the third quarter worth about $134,000.
Separately, TheStreet cut shares of Pedevco from a “c-” rating to a “d+” rating in a research report on Monday, December 17th.
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Pedevco Company Profile
PEDEVCO Corp., doing business as Pacific Energy Development, engages in the acquisition, exploration, development, and production of oil and natural gas shale plays in the United States. The company's principal asset is Denver-Julesberg (D-J) Basin asset comprising approximately 10,961 net acres located in the Weld county, Colorado.
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