Are Hedge Funds Betting Against Camber Energy, Inc. (CEI)?

Camber Energy, Inc. (NYSE:CEI) produced a 43.49% rally since recording the worst price of $0.22. Thanks to the latest -6.49% decrease, it now trades at $0.31. Throughout the trading on 08/06/2018, the share price floated between $0.29 and $0.32. This company shares are 222.58% off its target price of $1 and the current market capitalization stands at $6.73M. The recent change has given its price a -22.42% deficit over SMA 50 and -96.92% deficit over its 52-week high. The stock witnessed -44.71% declines, -34.22% declines and -90.36% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CEI’s volatility during a week at 27.42%.

Camber Energy, Inc. 13F Filings

At the end of March reporting period, 6 institutional holders increased their position in Camber Energy, Inc. (NYSE:CEI) by some 65,280 shares, 4 decreased positions by 35,503 and 4 held positions by 23,411. That puts total institutional holdings at 124,194 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 16,132 shares while 4 institutional investors sold out their entire positions totaling 35,503 shares.

Camber Energy, Inc. (NYSE:CEI) Insider Trades

Multiple company employees have indulged in significant insider trading. Camber Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Non-Officer Dale William J. has sold 435 shares of Camber Energy, Inc. (CEI) in trading session dated Dec. 23, 2013. These shares are worth $10,766 and were traded at $24.75 each. The SEC filing shows that Schnur Anthony Charles performed a purchase of 80 shares. The CEO & President added these shares by way of transaction on Dec. 11, 2013. The company’s shares were assimilated at $24.75 per share worth to an investment of some $1,980 on account of Schnur Anthony Charles.

CEO & President, Schnur Anthony Charles, purchased 80 common shares of Camber Energy, Inc. (CEI) in the open market. In a transaction dated Dec. 11, 2013, the shares were bought at an average price of $24.75, giving away a sum of $1,980. After this purchase, 3,359 common shares of CEI are directly owned by the insider, with total stake valued at $1,041.

In the transaction dated Dec. 11, 2013, the great number of shares acquired came courtesy the CEO & President; Schnur Anthony Charles added a total of 80 shares at an average price of $24.75, amounting to approximately $1,980. The insider now directly owns 2,800 shares worth $868.