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Stock impact report

Chairman & CEO of HighPeak Energy Jack Hightower Buys 2.8% More Shares [Yahoo! Finance]

HighPeak Energy, Inc. (HPK) 
Company Research Source: Yahoo! Finance
of the company, who spent a stonking US$2.0m on stock at an average price of US$15.45. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 2.8%. View our latest analysis for HighPeak Energy The Last 12 Months Of Insider Transactions At HighPeak Energy Notably, that recent purchase by Chairman & CEO Jack Hightower was not the only time they bought HighPeak Energy shares this year. They previously made an even bigger purchase of US$8.3m worth of shares at a price of US$16.59 per share. That means that even when the share price was higher than US$16.08 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even Show less Read more
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