The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ring Energy Inc shares valued at $2,287,145 were sold by Warburg Pincus (E&P) XII LLC on Jun 13 ’25. At $0.92 per share, Warburg Pincus (E&P) XII LLC sold 2,486,027 shares. The insider’s holdings dropped to 20,509,300 shares worth approximately $15.79 million following the completion of this transaction.
Also, Warburg Pincus & Co US, LLC sold 2,486,027 shares, netting a total of over 2,287,145 in proceeds. Following the sale of shares at $0.92 each, the insider now holds 20,509,300 shares.
Before that, Warburg Pincus (E&P) XII LLC had sold 652,380 shares from its account. In a trade valued at $528,428, the 10% Owner traded Ring Energy Inc shares for $0.81 each. Upon closing the transaction, the insider’s holdings decreased to 652,380 shares, worth approximately $17.88 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
On last trading session,, Ring Energy Inc [AMEX: REI] rose 1.20% to $0.77. The stock’s lowest price that day was $0.743, but it reached a high of $0.7833 in the same session. During the last five days, there has been a drop of approximately -13.63%. Over the course of the year, Ring Energy Inc shares have dropped approximately -50.00%. Shares of the company reached a 52-week high of $1.5500 on 01/10/25 and a 52-week low of $0.7200 on 05/30/25.
Support And Resistance Levels for Ring Energy Inc (REI)
According to the 24-hour chart, there is a support level at 0.7461, which, if violated, would cause prices to drop to 0.7223. In the upper region, resistance lies at 0.7907. The next price resistance is at 0.8115. RSI (Relative Strength Index) is 43.96 on the 14-day chart, showing neutral technical sentiment.
Is Ring Energy Inc subject to short interest?
Stocks of Ring Energy Inc saw a sharp rise in short interest on 2025-05-30 jumping by 2.15 million shares to 14.2 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 12.05 million shares. A jump of 15.12% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.79 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.79.
Which companies own the most shares of Ring Energy Inc (REI)?
In terms of Ring Energy Inc share price expectations, FactSet research, analysts set an average price target of 2.5 in the next 12 months, up nearly 228.95% from the previous closing price of $0.76. Analysts anticipate Ring Energy Inc stock to reach 2.5 by 2025, with the lowest price target being 2.5.