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.
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 |
|---|---|---|---|---|---|---|---|
| 2015-10-14 | Fowler David A. | President | Sell | 13,000 | $10.26 | $133,380 | No |
| 2015-04-15 | Fowler David A. | President | Sell | 10,000 | $11.59 | $115,900 | No |
| 2015-03-24 | Hoffman Kelly W. | CEO | Sell | 20,000 | $10.14 | $202,800 | Yes |
| 2015-01-14 | Fowler David A. | President | Sell | 11,000 | $8.86 | $97,460 | No |
| 2014-12-01 | Rochford Living Trust Lloyd Timothy Rochford, Trustee | Director | Buy | 10,000 | $7.86 | $78,600 | No |
| 2014-11-26 | McCabe Stanley Myron | 10%-Owner, Director | Buy | 20,000 | $10.60 | $212,000 | No |
| 2014-11-26 | Fowler David A. | President | Buy | 1,200 | $10.84 | $13,008 | No |
| 2014-09-16 | Rochford Living Trust Lloyd Timothy Rochford, Trustee | 10%-Owner, Director | Buy | 10,000 | $15.15 | $151,500 | No |
| 2014-09-16 | Hoffman Kelly W. | Chief Executive Officer | Buy | 1,000 | $14.94 | $14,940 | No |
| 2014-06-30 | Fowler David A. | President | Buy | 6,000 | $16.69 | $100,155 | No |
| 2014-06-30 | Wilson Daniel D | Executive Vice President | Buy | 5,000 | $16.64 | $83,200 | No |
| 2014-07-02 | Hoffman Kelly W. | Chief Executive Officer | Buy | 2,000 | $17.73 | $35,465 | No |
| 2014-04-09 | Fowler David A. | President | Sell | 15,712 | $16.35 | $256,891 | No |
| 2013-10-22 | McCabe Stanley Myron | 10%-Owner, Director | Buy | 5,000 | $12.50 | $62,500 | No |
| 2013-06-26 | Petrelli Anthony Benedict | Director | Buy | 15,000 | $5.50 | $82,500 | No |
| 2013-06-26 | McCabe Stanley Myron | Director | Buy | 545,000 | $5.50 | $2,997,500 | No |
| 2013-06-26 | Hoffman Kelly W. | Chief Executive Officer | Buy | 4,546 | $5.50 | $25,003 | No |
| 2013-06-26 | Wilson Daniel D | Vice President of Operations | Buy | 10,000 | $5.50 | $55,000 | No |
| 2013-01-17 | MORLEY ROBERT | Former Director | Buy | 5,000 | $7.00 | $35,000 | No |
| 2012-09-05 | MORLEY ROBERT | Director | Buy | 100,000 | $4.50 | $450,000 | No |
| 2012-08-14 | McCabe Stanley Myron | Director | Buy | 285,000 | $4.50 | $1,282,500 | No |
| 2012-06-27 | NESTRIPKE DENNY W | Vice President | Buy | 25,000 | $250.00 | $6,250,000 | No |
| 2012-04-13 | NESTRIPKE DENNY W | Vice President | Buy | 6,000 | $25500.00 | $153,000,000 | No |
| 2012-04-13 | NESTRIPKE DENNY W | Vice President | Buy | 6,000 | $25500.00 | $153,000,000 | No |
| 2012-01-10 | MORLEY ROBERT | Director | Buy | 40,000 | $160000.00 | $6,400,000,000 | No |
| 2011-01-31 | NESTRIPKE DENNY W | Director | Buy | 500 | $2.50 | $1,250 | No |
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