Philip A. Riley Purchases 1,000 Shares of Riley Exploration Permian, Inc. (NYSE:REPX) Stock

Riley Exploration Permian, Inc. (NYSE:REPX) CFO Philip A. Riley purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, April 11th. The shares were purchased at an average cost of $23.26 per share, for a total transaction of $23,260.00. Following the completion of the transaction, the chief financial officer now owns 189,172 shares in the company, valued at approximately $4,400,140.72. This represents a 0.53 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Riley Exploration Permian Price Performance

REPX stock traded down $0.07 during trading hours on Monday, hitting $23.95. 93,566 shares of the stock traded hands, compared to its average volume of 116,430. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 0.53. The stock has a 50-day simple moving average of $29.81 and a 200 day simple moving average of $31.05. Riley Exploration Permian, Inc. has a one year low of $21.98 and a one year high of $37.55. The company has a market cap of $515.04 million, a P/E ratio of 4.25 and a beta of 1.47.

Analyst Upgrades and Downgrades

Separately, Truist Financial raised their price target on shares of Riley Exploration Permian from $45.00 to $47.00 and gave the company a “buy” rating in a research note on Monday, January 13th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of Riley Exploration Permian by 48.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 121,353 shares of the company’s stock worth $3,215,000 after purchasing an additional 39,759 shares during the period. FMR LLC boosted its stake in shares of Riley Exploration Permian by 28.1% during the 3rd quarter. FMR LLC now owns 54,215 shares of the company’s stock valued at $1,436,000 after buying an additional 11,887 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Riley Exploration Permian by 20.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 49,031 shares of the company’s stock valued at $1,299,000 after acquiring an additional 8,278 shares in the last quarter. State Street Corp increased its stake in shares of Riley Exploration Permian by 2.5% in the third quarter. State Street Corp now owns 200,881 shares of the company’s stock worth $5,321,000 after acquiring an additional 4,927 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Riley Exploration Permian by 167.2% during the third quarter. Barclays PLC now owns 17,574 shares of the company’s stock worth $464,000 after acquiring an additional 10,997 shares in the last quarter. 58.91% of the stock is owned by hedge funds and other institutional investors.

Riley Exploration Permian Company Profile

Riley Exploration Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin.