Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
RING ENERGY, INC. (REI)
Sector: Energy; Industry: Oil & Gas E&P

Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas and New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-01-06 Kruse William R 10%-Owner Buy 383,800 $0.74 $285,547 No
2021-01-05 Kruse William R 10%-Owner Buy 131,200 $0.71 $93,021 No
2020-12-31-05:00 Kruse William R 10%-Owner Buy 619,898 $0.67 $412,407 No
2020-11-10 Hoffman Kelly W. Former CEO & Director Buy 40,000 $0.57 $22,660 No
2020-10-29 McKinney Paul D. CEO and Chairman of the Board Buy 35,700 $0.70 $24,990 Yes
2020-10-29 Rochford Living Trust Lloyd Timothy Rochford, Trustee Prior Director Buy 142,800 $0.70 $99,960 Yes
2019-09-13 Hoffman Kelly W. CEO Buy 10,000 $1.47 $14,700 No
2019-09-11 Hoffman Kelly W. CEO Buy 22,000 $1.60 $35,200 No
2019-09-10 Broaddrick William Randall Chief Financial Officer Buy 25,000 $1.69 $42,250 No
2019-09-10 Fowler David A. President Buy 20,750 $1.66 $34,445 No
2019-09-09 McCabe Stanley Myron Director Buy 10,000 $1.54 $15,400 No
2019-09-11 Rochford Living Trust Lloyd Timothy Rochford, Trustee Director Buy 25,000 $1.60 $40,000 No
2019-09-06 Hoffman Kelly W. CEO Buy 15,000 $1.40 $21,000 No
2019-06-04 Rochford Living Trust Lloyd Timothy Rochford, Trustee Director Buy 25,000 $3.83 $95,750 No
2019-06-03 McCabe Stanley Myron Director Buy 5,000 $3.65 $18,250 No
2019-06-03 Hoffman Kelly W. CEO Buy 15,000 $3.62 $54,300 No
2019-05-31 McCabe Stanley Myron Director Buy 10,000 $3.67 $36,750 No
2019-05-28 Petrelli Anthony Benedict Director Buy 30,000 $3.80 $114,000 No
2018-09-24 Wilson Daniel D Execotive Vice President Sell 25,000 $11.13 $278,348 No
2018-09-21 Rochford Living Trust Lloyd Timothy Rochford, Trustee Director Sell 100,000 $11.40 $1,140,161 No
2018-09-18 Hoffman Kelly W. CEO Sell 90,375 $11.31 $1,021,771 Yes
2018-09-17 McCabe Stanley Myron Director Sell 100,000 $11.23 $1,122,550 No
2018-08-28 Fowler David A. President Sell 10,000 $11.54 $115,400 No
2017-12-21 Broaddrick William Randall Chief Financial Officer Sell 75,000 $14.02 $1,051,250 No
2017-12-05 Rochford Living Trust Lloyd Timothy Rochford, Trustee 10%-Owner, Director Sell 86,486 $14.81 $1,281,074 No
2017-11-29 Hoffman Kelly W. CEO Sell 51,238 $13.79 $706,567 Yes
2017-11-27 Wilson Daniel D Executive Vice President Sell 50,000 $13.77 $688,720 No
2017-05-12 Fowler David A. President Sell 30,000 $13.44 $403,200 No
2017-04-19 Hoffman Kelly W. CEO Sell 60,000 $12.00 $720,000 Yes
2015-10-14 Fowler David A. President Sell 13,000 $10.26 $133,380 No

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.