Insider Buying: Spartan Energy Corp (SPE) Director Purchases 19,000 Shares of Stock
Spartan Energy Corp (TSE:SPE) Director Reginald James Greenslade acquired 19,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The shares were acquired at an average cost of C$6.13 per share, for a total transaction of C$116,470.00.
Reginald James Greenslade also recently made the following trade(s):
- On Thursday, September 14th, Reginald James Greenslade acquired 20,000 shares of Spartan Energy Corp stock. The shares were acquired at an average cost of C$6.52 per share, for a total transaction of C$130,400.00.
Spartan Energy Corp (TSE SPE) traded up 0.79% during mid-day trading on Thursday, hitting $6.39. The company’s stock had a trading volume of 2,608,690 shares. The firm’s market cap is $1.12 billion. The firm has a 50 day moving average of $5.63 and a 200-day moving average of $6.60. Spartan Energy Corp has a 52-week low of $1.91 and a 52-week high of $10.95.
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Separately, Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a C$3.75 price objective on shares of Spartan Energy Corp in a research note on Wednesday, June 7th.
Spartan Energy Corp Company Profile
Spartan Energy Corp, formerly Alexander Energy Ltd is a Canada-based oil and natural gas exploration and production company with producing properties focused in Saskatchewan. The Company’s properties include Southeast Saskatchewan, West Central Saskatchewan and Alexander Alberta. The Southeast Saskatchewan property focuses on conventional Mississippian targets, primarily in the Frobisher/Alida and Midale formations.
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