Insider Selling: Silver Run Acquisition Co. II (SRUN) Major Shareholder Sells 3,241,000 Shares of Stock
Silver Run Acquisition Co. II (NASDAQ:SRUN) major shareholder Highfields Capital Management sold 3,241,000 shares of the company’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $10.17, for a total value of $32,960,970.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Silver Run Acquisition Co. II (NASDAQ SRUN) opened at 10.23 on Wednesday. The company’s market capitalization is $1.06 billion. The company has a 50-day moving average price of $10.20 and a 200 day moving average price of $10.09. Silver Run Acquisition Co. II has a 12 month low of $9.80 and a 12 month high of $10.38.
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