Synergy Resources Corp (NYSE:SYRG), watched an insider greatly increase his holdings with the company through a transaction that began on July 16th, and was filed today. Director George L. Seward bought 20,000 shares of common stock at an average price of $12.05 per share invested in the corporation. Following this transaction, Seward now directly holds 2,065,425 shares.
Synergy Resources Corp (NYSE:SYRG), a $922.08 million market cap company, is an oil and gas operator in Colorado focused on the acquisition, development, exploitation, exploration and production of oil and natural gas properties primarily located in northeast Colorado.
In addition, there is one hedge fund with that has the most involvement with the oil and gas corporation. Citadel Investment Group, the hedge fund run by Ken Griffin, saw a drop in it’s activity last quarter, as it reported a 6% decrease, now holding 1,758,861 shares worth approximately $18.9 million invested in Synergy Resources Corp (NYSE:SYRG).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.