Prairie Operating Co. (NASDAQ:PROP - Get Free Report) major shareholder James W. Wallis sold 68,134 shares of the firm's stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $3.05, for a total transaction of $207,808.70. Following the completion of the transaction, the insider now directly owns 706,211 shares of the company's stock, valued at approximately $2,153,943.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Prairie Operating Price Performance
NASDAQ PROP opened at $11.01 on Thursday. The stock's fifty day moving average price is $9.25 and its 200 day moving average price is $10.95. Prairie Operating Co. has a 1 year low of $0.32 and a 1 year high of $18.50.
Prairie Operating (NASDAQ:PROP - Get Free Report) last announced its quarterly earnings data on Friday, August 9th. The company reported ($0.71) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.38). Sell-side analysts forecast that Prairie Operating Co. will post 0.55 EPS for the current fiscal year.
Hedge Funds Weigh In On Prairie Operating
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Institutional investors have recently bought and sold shares of the business. Rhumbline Advisers purchased a new stake in shares of Prairie Operating in the 2nd quarter valued at $45,000. Warberg Asset Management LLC acquired a new position in Prairie Operating during the second quarter valued at $127,000. Finally, Bank of New York Mellon Corp purchased a new stake in Prairie Operating in the second quarter valued at $208,000. 34.28% of the stock is owned by hedge funds and other institutional investors.
About Prairie Operating
(
Get Free Report)
Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.
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