Simon G. Kukes Acquires 10,000 Shares of Pedevco Corp (NYSEAMERICAN:PED) Stock

Pedevco Corp (NYSEAMERICAN:PED) CEO Simon G. Kukes acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were bought at an average cost of $1.50 per share, for a total transaction of $15,000.00.

PED opened at $1.53 on Friday. Pedevco Corp has a 1 year low of $0.48 and a 1 year high of $2.90.

A hedge fund recently raised its stake in Pedevco stock. BlackRock Inc. grew its position in Pedevco Corp (NYSEAMERICAN:PED) by 2,017.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,172 shares of the company’s stock after buying an additional 20,172 shares during the period. BlackRock Inc.’s holdings in Pedevco were worth $44,000 at the end of the most recent quarter.

Pedevco Company Profile

PEDEVCO Corp., doing business as Pacific Energy Development, engages in the acquisition, exploration, development, and production of oil and natural gas shale plays in the United States. The company's principal asset is Denver-Julesberg (D-J) Basin asset comprising approximately 10,961 net acres located in the Weld county, Colorado.

Further Reading: What is a capital gain?

Insider Buying and Selling by Quarter for Pedevco (NYSEAMERICAN:PED)

Receive News & Ratings for Pedevco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pedevco and related companies with MarketBeat.com's FREE daily email newsletter.