Riley Exploration Permian Form4 Filing Shows Libin Alvin Gerald Bought 100,000 Shares At An Average Price Of $30.25/Share
Portfolio Pulse from Benzinga Newsdesk
Riley Exploration Permian's Form4 filing reveals that Libin Alvin Gerald purchased 100,000 shares at an average price of $30.25 per share.
September 21, 2023 | 6:26 pm
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Libin Alvin Gerald, an insider at Riley Exploration Permian, has purchased 100,000 shares at an average price of $30.25 per share.
Insider buying is often seen as a positive sign by investors, as it suggests that those with the most knowledge about the company believe its stock is a good investment. This could potentially lead to increased investor confidence and a short-term rise in stock price.
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