2 Insiders At Synergy Resources Corp (SYRG) Raise Exposure By Over 4,500 Shares Combined

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Synergy Resources Corp (NYSE:SYRG), saw two insiders raise their positioning in the company.  Director Jack N. Aydin bought 3,147 shares of common stock at an average price of $12.71 per share; while Co-CEO Edward A. Holloway gained 1,700 shares at an average price of $12.48 per share.
Following these transactions, Aydin now directly holds 8,147 shares; and Holloway indirectly has 3,251,287 shares in Synergy Resources Corp (NYSE:SYRG), the $959.41 million market cap  oil and gas operator focused on the acquisition, development, exploitation, exploration and production of oil and natural gas properties in Colorado.
As well, there are multiple hedge funds with holdings in the company.  Ken Griffin‘s Citadel Investment Group reported a 6% decrease in it’s exposure last quarter, and now has 1,758,861 shares worth about $18.9 million; while Driehaus Capital, the hedge fund run by Richard Driehaus, experienced a 13% reduction in it’s holdings with the company last quarter, and now holds 720,564 shares worth approximately $7.7 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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