Geneva Advisors, Llc Now Holds $64 thousand Worth Of PEDEVCO Corp. (PED)

PEDEVCO Corp. (NYSE:PED) went up to recover about -19.66% since recording its record low price of $0.269. The stock experienced -28.23% slump, arriving at $0.41 on 10/4/2017. During the day, the stock price traveled from $0.269 to $0.67. This company shares are 21851.22% off its target price of $90 and the current market capitalization stands at $2.43M. The recent change has given its price a -34.49% deficit over SMA 50 and -80.48% deficit over its 52-week high. The stock witnessed -37.91% declines, -38.84% declines and -57.22% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PED’s volatility during a week at 33.7% and during a month it has been found around 14.6%.

PEDEVCO Corp. 13F Filings

At the end of 6/30/2017 reporting period, 8 institutional holders increased their position in PEDEVCO Corp. (NYSE:PED) by some 275,479 shares, 7 decreased positions by 1,207,938 and 2 held positions by -637,662. That puts total institutional holdings at 845,755 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 98,473 shares while 6 institutional investors sold out their entire positions totaling 116,447 shares.

PEDEVCO Corp. (NYSE:PED) Insider Trades

Multiple company employees have indulged in significant insider trading. PEDEVCO Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive VP Clark Moore has sold 7,338 shares of PEDEVCO Corp. (PED) in trading session dated Jul. 10, 2017. These shares are worth $4,476 and were traded at $0.61 each. The SEC filing shows that Peterson Michael L performed a sale of 8,048 shares. The President and CEO disposed these shares by way of transaction on Jul. 10, 2017. The company’s shares were given away at $0.61 per share worth to an income of some $4,909 on account of Peterson Michael L.

CFO, Overholtzer Gregory L, sold 775 common shares of PEDEVCO Corp. (PED) in the open market. In a transaction dated Jul. 03, 2017, the shares were put up for sale at an average price of $0.62, raking in a sum of $481. After this sale, 7,542 common shares of PED are directly owned by the insider, with total stake valued at $3,092.

In the transaction dated Jun. 30, 2017, the great number of shares disposed came courtesy the President and CEO; Peterson Michael L disposed a total of 41,250 shares at an average price of $0.62, amounting to approximately $25,575. The insider now directly owns 207,734 shares worth $85,171.

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