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Insider Trends: 90-Days of Insider Buying at Southwest Energy Reduced with Share Disposition

05/11/2021 13:50

05:45 PM EDT, 05/11/2021 (MT Newswires) -- Gregory D Kerley, Director, sold 50,000 shares in Southwest Energy (SWN) for $237,547 on May 07, 2021. Kerley, following the transactions outlined in the Form 4 SEC filing, owns 412,836 shares of company stock, with a market value, based on the prior-day closing price, of $1.92 million.

During the most recent 90-day period, previous to the date of this filing, there have been 29 insider transactions reported to the SEC for Southwest Energy. These transactions came from the activities of 12 separate insiders that resulted in a net acquisition of 1,259,925 company shares. This compares with the preceding 90-day window of time where there was 1 transaction from 1 insider which resulted in the acquisition of 10,067 shares.

This is lower than the average level of insider transactions in the 227-company Oil & Gas Exploration and Production peer group over the last 90-day period. Activity in the peer group averaged 55.9 transactions per company, and disposition of 35,215 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/7332/000112760221016274/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.