Granite Ridge Resources Inc’s recent filing unveils that its Director MCCARTNEY JOHN acquired Company’s shares for reported $11780.0 on Jun 03 ’25. In the deal valued at $5.89 per share,2,000 shares were bought. As a result of this transaction, MCCARTNEY JOHN now holds 66,117 shares worth roughly $0.4 million.
Then, Brandenberg Luke C bought 6,100 shares, generating $35,380 in total proceeds. Upon buying the shares at $5.80, the President and CEO now owns 157,267 shares.
Before that, MCCARTNEY JOHN bought 2,000 shares. Granite Ridge Resources Inc shares valued at $11,440 were divested by the Director at a price of $5.72 per share. As a result of the transaction, MCCARTNEY JOHN now holds 64,117 shares, worth roughly $0.38 million.
CapitalOne downgraded its Granite Ridge Resources Inc [GRNT] rating to an Equal weight from a an Overweight in a research note published recently. ROTH MKM began covering GRNT with “Buy” recommendation on May 15, 2024. BofA Securities started covering the stock on November 07, 2023. It rated GRNT as “a Buy”.
Price Performance Review of GRNT
On Friday, Granite Ridge Resources Inc [NYSE:GRNT] saw its stock jump 2.84% to $5.99. Over the last five days, the stock has gained 3.55%. Granite Ridge Resources Inc shares have fallen nearly -7.35% since the year began. Nevertheless, the stocks have fallen -5.15% over the past one year.
Levels Of Support And Resistance For GRNT Stock
The most recent change occurred on September 27, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $8 price target.
