Insider Buying: Kase Lukman Lawal Buys 1,200 Shares of CAMAC Energy Stock (CAK)
CAMAC Energy (NYSE:CAK) CEO Kase Lukman Lawal bought 1,200 shares of the company’s stock in a transaction dated Thursday, June 26th. The shares were purchased at an average price of $0.67 per share, with a total value of $804.00. Following the acquisition, the chief executive officer now directly owns 6,427,398 shares in the company, valued at approximately $4,306,357. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
CAMAC Energy (NYSE:CAK) opened at 0.70 on Tuesday. CAMAC Energy has a 1-year low of $0.226 and a 1-year high of $0.91. The stock has a 50-day moving average of $0.68 and a 200-day moving average of $0.67. The company’s market cap is $881.9 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.