Insider Trading Roundup: Parsley Energy Inc (PE)

Parsley Energy Inc (NYSE:PE) insider has recently participated in insider trading activity. See Remarks, Sheffield Bryan sold 35,715 shares for $16.24 via one transaction Feb 10. Following the transaction, the insider now owns 12,417,160 shares in total, priced at $204013938.8 as of Tuesday. Another notable insider trading was done by the same insider on Feb 03. Sheffield Bryan acquired 35,715 shares at an average price of $18.72 for a total of $12,452,875. Moreover, this insider carried out a sale of 35,715 shares at $17.67 each on Jan 27. The transaction amounted to $630,992. The insider also sold 35,715 shares for $16.29 through one transaction Jan 13.

The stock has experienced a total of 11 insider trades in the past three months. These trades include 11 sell activities and Zero buy trades. Furthermore, over the past 12 months, the stock was traded 75 times by insiders. In 62 of these trades, the insider was a seller while an employee of the company was the buyer in just 13 instances.

On January 19, 2016 Parsley Energy Inc (PE) plans to release its fourth quarter 2015 financial and operating results after the market closes on Wednesday, February 24, 2016. In conjunction with the release, the Company has scheduled a conference call for Thursday, February 25, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).

Parsley Energy, Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin in West Texas.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico. As of December 31, 2014, its acreage position consisted of 133,274 net acres, including 103,036 net acres in the Midland Basin and 30,238 net acres in the Delaware Basin; and estimated proved oil and natural gas reserves were 90.9 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.