Blackrock Inc. built an about 4.33% stake in Zion Oil & Gas, Inc. (ZN)

Zion Oil & Gas, Inc. (NASDAQ:ZN) is now up 20.31% compared to a 12-month low of $0.38. We have seen the price to move -2.89% lower and get settled at $0.46 on 01/11/2019. At recent session, it appeared stuck in a range of $0.4322 to $0.485. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $30.91M. The recent change has given its price a -33.49% deficit over SMA 50 and -92.01% deficit over its 52-week high. The stock witnessed 11.53% gains, -56.71% declines and -86.99% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ZN’s volatility during a week at 10.4% and during a month it has been found around 13.93%.

Zion Oil & Gas, Inc. (ZN) Top Holders

Institutional investors currently hold around $4 million or 14.3% in ZN stock. Look at its top three institutional owners. Blackrock Inc. owns $1.34 million in Zion Oil & Gas, Inc., which represents roughly 4.33% of the company’s market cap and approximately 33.43% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 2,338,503 shares of the stock are valued at $1.08 million. The third largest holder is State Street Corp, which currently holds $350 thousand worth of this stock and that ownership represents nearly 1.13% of its market capitalization.

Zion Oil & Gas, Inc. 13F Filings

At the end of September reporting period, 34 institutional holders increased their position in Zion Oil & Gas, Inc. (NASDAQ:ZN) by some 763,667 shares, 16 decreased positions by 399,209 and 23 held positions by 8,081,881. That puts total institutional holdings at 9,244,757 shares, according to SEC filings. The stock grabbed 9 new institutional investments totaling 163,000 shares while 8 institutional investors sold out their entire positions totaling 114,982 shares.

Zion Oil & Gas, Inc. (NASDAQ:ZN) Insider Trades

Multiple company employees have indulged in significant insider trading. Zion Oil & Gas, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Former office Carrillo Victor G has sold 50,000 shares of Zion Oil & Gas, Inc. (ZN) in trading session dated Jan. 08, 2019. These shares are worth $21,500 and were traded at $0.43 each. The SEC filing shows that Scammahorn Gene performed a purchase of 320 shares. The Director added these shares by way of transaction on Dec. 26, 2017. The company’s shares were assimilated at $1.88 per share worth to an investment of some $602 on account of Scammahorn Gene.

Treasurer, Van Brauman Martin, sold 25,066 common shares of Zion Oil & Gas, Inc. (ZN) in the open market. In a transaction dated Nov. 17, 2017, the shares were put up for sale at an average price of $1.99, raking in a sum of $49,881. After this sale, 430,521 common shares of ZN are directly owned by the insider, with total stake valued at $198,040.

In the transaction dated May. 22, 2017, the great number of shares disposed came courtesy the Director; Russell Lee R disposed a total of 30,000 shares at an average price of $1.62, amounting to approximately $48,600. The insider now directly owns 195,000 shares worth $89,700.