In a filing, Permian Basin Royalty Trust revealed its 10% Owner OLIVER ERIC L acquired Company’s shares for reported $0.26 million on Jun 12 ’25. In the deal valued at $11.62 per share,22,000 shares were bought. As a result of this transaction, OLIVER ERIC L now holds 6,088,000 shares worth roughly $102.03 million.
Then, OLIVER ERIC L bought 20,165 shares, generating $244,400 in total proceeds. Upon buying the shares at $12.12, the 10% Owner now owns 6,182,588 shares.
Before that, OLIVER ERIC L bought 15,000 shares. Permian Basin Royalty Trust shares valued at $181,200 were divested by the 10% Owner at a price of $12.08 per share. As a result of the transaction, OLIVER ERIC L now holds 6,123,300 shares, worth roughly $102.63 million.
Citigroup downgraded its Permian Basin Royalty Trust [PBT] rating to a Hold from a a Buy in a research note published on March 12, 2008; the price target was increased to $20 from $17.
Price Performance Review of PBT
On Friday, Permian Basin Royalty Trust [NYSE:PBT] saw its stock jump 1.02% to $16.76. Over the last five days, the stock has gained 1.88%. Permian Basin Royalty Trust shares have risen nearly 49.78% since the year began. Nevertheless, the stocks have risen 51.26% over the past one year. While a 52-week high of $17.02 was reached on 08/26/25, a 52-week low of $8.01 was recorded on 04/07/25.
Levels Of Support And Resistance For PBT Stock
The 24-hour chart illustrates a support level at 16.40, which if violated will result in even more drops to 16.04. On the upside, there is a resistance level at 17.02. A further resistance level may holdings at 17.28.
How much short interest is there in Permian Basin Royalty Trust?
A steep rise in short interest was recorded in Permian Basin Royalty Trust stocks on 2025-08-15, dropping by 26710.0 shares to a total of 0.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 0.29 million shares. There was a decline of -10.17%, which implies that there is a negative sentiment for the stock.
