EXCO Resources Inc (NYSE:XCO) COO Harold H. Jameson sold 147,617 shares of the firm’s stock in a transaction that occurred on Thursday, March 23rd. The stock was sold at an average price of $0.60, for a total transaction of $88,570.20. Following the transaction, the chief operating officer now directly owns 604,568 shares in the company, valued at $362,740.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
EXCO Resources Inc (NYSE:XCO) opened at 0.519 on Tuesday. EXCO Resources Inc has a one year low of $0.47 and a one year high of $1.91. The stock’s 50 day moving average is $0.60 and its 200 day moving average is $0.90. The company’s market capitalization is $145.73 million.
Large investors have recently bought and sold shares of the company. Zacks Investment Management acquired a new stake in EXCO Resources during the third quarter valued at approximately $114,000. First Quadrant L P CA acquired a new stake in EXCO Resources during the third quarter valued at approximately $155,000. Steinberg Global Asset Management increased its stake in EXCO Resources by 18.1% in the third quarter. Steinberg Global Asset Management now owns 163,000 shares of the company’s stock valued at $174,000 after buying an additional 25,000 shares during the last quarter. Laurion Capital Management LP acquired a new stake in EXCO Resources during the third quarter valued at approximately $1,201,000. Finally, Agur Provident & Training Funds Management Ltd. increased its stake in EXCO Resources by 138.7% in the third quarter. Agur Provident & Training Funds Management Ltd. now owns 1,203,260 shares of the company’s stock valued at $1,287,000 after buying an additional 699,190 shares during the last quarter. 62.16% of the stock is owned by institutional investors.
About EXCO Resources
EXCO Resources, Inc (EXCO) is an oil and natural gas company. The Company is engaged in the exploration, exploitation, acquisition, development and production of onshore United States oil and natural gas properties with a focus on shale resource plays. The Company’s principal operations are conducted in certain United States oil and natural gas areas, including Texas, Louisiana and the Appalachia region.
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