VAALCO Energy, Inc. (NYSE:EGY) recovered 20.32% of its value since hitting low of $0.68. The recent move of 8.93% gain helped the stock to close at $0.82 when trading ended on 12/01/2017. At recent session, the prices were hovering between $0.75 and $0.817. This company shares are 143.9% off its target price of $2 and the current market capitalization stands at $47.06M. The recent change has given its price a 2.39% lead over SMA 50 and -42.87% deficit over its 52-week high. The stock witnessed -6.84% declines, 11.92% gains and -15.77% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EGY’s volatility during a week at 7.57% and during a month it has been found around 7.6%.VAALCO Energy, Inc. (EGY) Top Holders
Institutional investors currently hold around $18 million or 40.3% in EGY stock. Look at its top three institutional owners. Kornitzer Capital Management Inc /Ks owns $4.41 million in VAALCO Energy, Inc., which represents roughly 9.38% of the company’s market cap and approximately 24.52% of the institutional ownership. Similar statistics are true for the second largest owner, Fondren Management Lp, which owns 2,471,000 shares of the stock are valued at $2.02 million. The third largest holder is Tieton Capital Management, Llc, which currently holds $1.9 million worth of this stock and that ownership represents nearly 4.03% of its market capitalization.
At the end of 9/30/2017 reporting period, 15 institutional holders increased their position in VAALCO Energy, Inc. (NYSE:EGY) by some 582,533 shares, 27 decreased positions by 1,692,091 and 17 held positions by 20,114,515. That puts total institutional holdings at 22,389,139 shares, according to SEC filings. The stock grabbed 5 new institutional investments totaling 384,412 shares while 7 institutional investors sold out their entire positions totaling 102,198 shares.VAALCO Energy, Inc. (NYSE:EGY) Insider Trades
Multiple company employees have indulged in significant insider trading. VAALCO Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Knapp Alfred John Jr. has acquired 50,000 shares of VAALCO Energy, Inc. (EGY) in trading session dated Apr. 03, 2017. These shares are worth $47,500 and were traded at $0.95 each. The SEC filing shows that Knapp Alfred John Jr. performed a purchase of 30,000 shares. The Director added these shares by way of transaction on Aug. 23, 2016. The company’s shares were assimilated at $1.03 per share worth to an investment of some $30,900 on account of Knapp Alfred John Jr..
Director, Knapp Alfred John Jr., purchased 30,000 common shares of VAALCO Energy, Inc. (EGY) in the open market. In a transaction dated Jun. 09, 2016, the shares were bought at an average price of $1.13, giving away a sum of $33,900. After this purchase, 133,042 common shares of EGY are directly owned by the insider, with total stake valued at $109,094.
In the transaction dated Dec. 30, 2015, the great number of shares acquired came courtesy the Director; Knapp Alfred John Jr. added a total of 20,000 shares at an average price of $1.47, amounting to approximately $29,400. The insider now directly owns 31,613 shares worth $25,923.