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Insider Trends: 90-Day Insider Selling Trend Extended at Barnwell Industries

05/10/2021 11:16

03:08 PM EDT, 05/10/2021 (MT Newswires) -- Joseph Eugene Magaro, 10% Owner, sold 75,000 shares of Barnwell Industries (BRN) on May 06, 2021, for $304,043. Magaro, subsequent to the transactions detailed in the SEC Form 4 filing, owns 1,178,060 shares of the company, with a market value, based on the prior-day closing price, of $3.43 million.

In the 90 days prior to the date of this filing, there has been one additional insider transaction which has resulted in the disposition of 10,000 of company shares. This compares with the preceding 90-day window of time where there was 1 transaction from 1 insider that culminated in the acquisition of 233,545 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/10048/000114036121016592/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.