Erin Energy Corp (NYSEAMERICAN:ERN) major shareholder Kase Lukman Lawal acquired 4,890 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was acquired at an average price of $2.64 per share, with a total value of $12,909.60. Following the completion of the transaction, the insider now directly owns 3,360,852 shares of the company’s stock, valued at approximately $8,872,649.28. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Kase Lukman Lawal also recently made the following trade(s):

  • On Monday, November 13th, Kase Lukman Lawal acquired 2,206 shares of Erin Energy Corp stock. The stock was acquired at an average price of $2.55 per share, with a total value of $5,625.30.
  • On Wednesday, November 8th, Kase Lukman Lawal acquired 4,259 shares of Erin Energy Corp stock. The stock was acquired at an average price of $2.48 per share, with a total value of $10,562.32.
  • On Friday, November 3rd, Kase Lukman Lawal purchased 800 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.63 per share, with a total value of $2,104.00.
  • On Monday, October 30th, Kase Lukman Lawal purchased 200 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.78 per share, with a total value of $556.00.
  • On Thursday, October 26th, Kase Lukman Lawal purchased 1,500 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.79 per share, with a total value of $4,185.00.
  • On Monday, October 16th, Kase Lukman Lawal purchased 7,270 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.74 per share, with a total value of $19,919.80.
  • On Wednesday, October 18th, Kase Lukman Lawal purchased 1,000 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.40 per share, with a total value of $2,400.00.
  • On Saturday, October 14th, Kase Lukman Lawal purchased 2,000 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.44 per share, with a total value of $4,880.00.
  • On Friday, October 13th, Kase Lukman Lawal purchased 2,300 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.44 per share, with a total value of $5,612.00.
  • On Saturday, September 30th, Kase Lukman Lawal purchased 1,350 shares of Erin Energy Corp stock. The shares were purchased at an average price of $2.33 per share, with a total value of $3,145.50.

Erin Energy Corp (NYSEAMERICAN ERN) opened at $2.57 on Tuesday. Erin Energy Corp has a fifty-two week low of $1.15 and a fifty-two week high of $4.10.

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Separately, ValuEngine upgraded Erin Energy Corp from a “sell” rating to a “hold” rating in a research report on Monday, September 11th.

A number of large investors have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. purchased a new position in Erin Energy Corp in the third quarter valued at $197,000. Goldman Sachs Group Inc. boosted its holdings in Erin Energy Corp by 106.6% in the second quarter. Goldman Sachs Group Inc. now owns 134,389 shares of the company’s stock valued at $195,000 after purchasing an additional 69,354 shares during the period. Finally, Northern Trust Corp boosted its holdings in Erin Energy Corp by 27.1% in the second quarter. Northern Trust Corp now owns 123,686 shares of the company’s stock valued at $179,000 after purchasing an additional 26,408 shares during the period.

About Erin Energy Corp

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company’s asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers).

Insider Buying and Selling by Quarter for Erin Energy Corp (NYSEAMERICAN:ERN)

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