Insider Buying: Kase Lukman Lawal Purchases 15,000 Shares of CAMAC Energy Stock (CAK)
CAMAC Energy (NYSE:CAK) CEO Kase Lukman Lawal acquired 15,000 shares of CAMAC Energy stock in a transaction that occurred on Thursday, June 12th. The stock was purchased at an average price of $0.79 per share, for a total transaction of $11,850.00. Following the purchase, the chief executive officer now directly owns 6,416,198 shares of the company’s stock, valued at approximately $5,068,796. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of CAMAC Energy (NYSE:CAK) opened at 0.776 on Tuesday. CAMAC Energy has a 52 week low of $0.2095 and a 52 week high of $0.91. The stock’s 50-day moving average is $0.6 and its 200-day moving average is $0.66. The company’s market cap is $977.6 million.
CAMAC Energy Inc (NYSE:CAK) is engaged in the exploration, development, and production of oil and gas outside the United States, directly and through joint ventures.
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