Ring Energy, Inc. (NYSEAMERICAN:REI) Major Shareholder Sells $244,179.64 in Stock

Posted by James Quigley on Jun 7th, 2025

Ring Energy, Inc. (NYSEAMERICAN:REI – Get Free Report) major shareholder Warburg Pincus (E&P) Xii Llc sold 321,289 shares of Ring Energy stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $0.76, for a total value of $244,179.64. Following the completion of the transaction, the insider now owns 24,880,605 shares of the company’s stock, valued at approximately $18,909,259.80. This represents a 1.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Warburg Pincus (E&P) Xii Llc also recently made the following trade(s):

On Tuesday, June 3rd, Warburg Pincus (E&P) Xii Llc sold 521,232 shares of Ring Energy stock. The stock was sold at an average price of $0.79, for a total value of $411,773.28.
On Monday, June 2nd, Warburg Pincus (E&P) Xii Llc sold 495,278 shares of Ring Energy stock. The shares were sold at an average price of $0.76, for a total value of $376,411.28.
On Wednesday, May 28th, Warburg Pincus (E&P) Xii Llc sold 31,171 shares of Ring Energy stock. The stock was sold at an average price of $0.80, for a total value of $24,936.80.
On Tuesday, May 27th, Warburg Pincus (E&P) Xii Llc sold 55,700 shares of Ring Energy stock. The shares were sold at an average price of $0.80, for a total transaction of $44,560.00.
On Tuesday, May 20th, Warburg Pincus (E&P) Xii Llc sold 95,782 shares of Ring Energy stock. The stock was sold at an average price of $0.80, for a total transaction of $76,625.60.
On Monday, May 19th, Warburg Pincus (E&P) Xii Llc sold 193,940 shares of Ring Energy stock. The shares were sold at an average price of $0.82, for a total transaction of $159,030.80.
On Friday, May 16th, Warburg Pincus (E&P) Xii Llc sold 406,408 shares of Ring Energy stock. The stock was sold at an average price of $0.81, for a total transaction of $329,190.48.
On Thursday, May 15th, Warburg Pincus (E&P) Xii Llc sold 554,102 shares of Ring Energy stock. The stock was sold at an average price of $0.84, for a total transaction of $465,445.68.
On Tuesday, May 13th, Warburg Pincus (E&P) Xii Llc sold 634,481 shares of Ring Energy stock. The shares were sold at an average price of $0.91, for a total transaction of $577,377.71.
On Wednesday, May 14th, Warburg Pincus (E&P) Xii Llc sold 455,655 shares of Ring Energy stock. The stock was sold at an average price of $0.89, for a total value of $405,532.95.

Ring Energy Price Performance

Shares of NYSEAMERICAN REI opened at $0.77 on Friday. The firm has a 50-day simple moving average of $0.85 and a 200-day simple moving average of $1.26. The company has a quick ratio of 0.49, a current ratio of 0.54 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $153.05 million, a price-to-earnings ratio of 1.35 and a beta of 1.55. Ring Energy, Inc. has a 52 week low of $0.72 and a 52 week high of $2.06.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on REI shares. Alliance Global Partners reaffirmed a “buy” rating on shares of Ring Energy in a research note on Friday, March 7th. Industrial Alliance Securities set a $2.50 price objective on Ring Energy in a report on Friday, March 7th.

View Our Latest Stock Analysis on REI

Institutional Trading of Ring Energy

A number of hedge funds have recently bought and sold shares of REI. Ameriprise Financial Inc. raised its holdings in shares of Ring Energy by 1.0% during the 4th quarter. Ameriprise Financial Inc. now owns 5,332,208 shares of the company’s stock worth $7,252,000 after acquiring an additional 51,577 shares during the period. AQR Capital Management LLC grew its holdings in shares of Ring Energy by 28.6% in the first quarter. AQR Capital Management LLC now owns 3,350,472 shares of the company’s stock valued at $3,853,000 after purchasing an additional 744,284 shares during the period. Geode Capital Management LLC increased its position in Ring Energy by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 3,060,543 shares of the company’s stock worth $4,163,000 after purchasing an additional 89,614 shares during the last quarter. Millennium Management LLC raised its stake in Ring Energy by 358.0% during the fourth quarter. Millennium Management LLC now owns 1,082,632 shares of the company’s stock worth $1,472,000 after purchasing an additional 846,241 shares during the period. Finally, Marshall Wace LLP acquired a new position in Ring Energy in the 4th quarter valued at about $1,378,000. Institutional investors and hedge funds own 77.14% of the company’s stock.

About Ring Energy

(Get Free Report)

Ring Energy, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico.