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Barnwell Industries (NYSE:BRN) COO Alexander C. Kinzler acquired 1,500 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were purchased at an average cost of $2.97 per share, with a total value of $4,455.00. Following the acquisition, the chief operating officer now directly owns 308,500 shares of the company’s stock, valued at approximately $916,245. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Barnwell Industries (NYSE:BRN) traded up 2.14% on Monday, hitting $3.00. 8,104 shares of the company’s stock traded hands. Barnwell Industries has a 52 week low of $2.75 and a 52 week high of $3.65. The stock has a 50-day moving average of $3.01 and a 200-day moving average of $3.06. The company’s market cap is $24.8 million.

Barnwell Industries, Inc (NYSE:BRN) operates in four segments: Oil and Natural Gas Segment, Land Investment Segment, Contract Drilling Segment and Residential Real Estate Segment.

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