PEDEVCO Corp. (NYSE:PED) recovered 22.68% of its value since hitting low of $0.27. The recent move of 11.86% gain helped the stock to close at $0.33 when trading ended on 11/29/2017. At recent session, the prices were hovering between $0.29 and $0.41. This company shares are 27172.73% off its target price of $90 and the current market capitalization stands at $1.92M. The recent change has given its price a -16.63% deficit over SMA 50 and -82.63% deficit over its 52-week high. The stock witnessed 0.95% gains, -47.77% declines and -43.1% 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 11.46% and during a month it has been found around 13.82%.PEDEVCO Corp. 13F Filings
At the end of 09/30/2017 reporting period, 4 institutional holders increased their position in PEDEVCO Corp. (NYSE:PED) by some 167,425 shares, 4 decreased positions by 1,300,083 and 6 held positions by -658,043. That puts total institutional holdings at 809,465 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 101,432 shares while 1 institutional investors sold out their entire positions totaling 19,041 shares.
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 President and CEO Peterson Michael L has sold 1,500 shares of PEDEVCO Corp. (PED) in trading session dated Oct. 09, 2017. These shares are worth $585 and were traded at $0.39 each. The SEC filing shows that Clark Moore performed a sale of 7,338 shares. The Executive VP 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 $4,476 on account of Clark Moore.
President and CEO, Peterson Michael L, sold 8,048 common shares of PEDEVCO Corp. (PED) in the open market. In a transaction dated Jul. 10, 2017, the shares were put up for sale at an average price of $0.61, raking in a sum of $4,909. After this sale, 199,686 common shares of PED are directly owned by the insider, with total stake valued at $65,896.
In the transaction dated Jul. 03, 2017, the great number of shares disposed came courtesy the CFO; Overholtzer Gregory L disposed a total of 775 shares at an average price of $0.62, amounting to approximately $481. The insider now directly owns 7,542 shares worth $2,489.