Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ring Energy Inc shares valued at $76,626 were sold by Warburg Pincus (E&P) XII LLC on May 20 ’25. At $0.80 per share, Warburg Pincus (E&P) XII LLC sold 95,782 shares. The insider’s holdings dropped to 26,305,275 shares worth approximately $19.99 million following the completion of this transaction.
Also, Warburg Pincus & Co US, LLC sold 95,782 shares, netting a total of over 76,626 in proceeds. Following the sale of shares at $0.80 each, the insider now holds 26,305,275 shares.
Before that, Dyes Alexander had added 63,203 shares to its account. In a trade valued at $49,994, the EVP Chief Operations Officer bought Ring Energy Inc shares for $0.79 each. Upon closing the transaction, the insider’s holdings increased to 63,203 shares, worth approximately $0.67 million.
As published in a research note from ROTH Capital on August 01, 2022, Ring Energy Inc [REI] has been rated down from a Buy to a Neutral and the price target has been revised to $7.50 from $4.90. Analysts at ROTH Capital upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid October. Earlier on March 18, 2020, Alliance Global Partners downgraded its rating. Their new recommendation was “a Neutral” for REI stock which previously was a “a Buy”.
Analyzing REI Stock Performance
During the last five days, there has been a drop of approximately -2.71%. Over the course of the year, Ring Energy Inc shares have dropped approximately -43.85%. Shares of the company reached a 52-week high of $1.5500 on 01/10/25 and a 52-week low of $0.7270 on 05/22/25.
Support And Resistance Levels for Ring Energy Inc (REI)
According to the 24-hour chart, there is a support level at 0.7483, which, if violated, would cause prices to drop to 0.7328. In the upper region, resistance lies at 0.7946. The next price resistance is at 0.8254. RSI (Relative Strength Index) is 37.71 on the 14-day chart, showing neutral technical sentiment.
