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Company Analysis

ERN Insider Trading

ERN | Market Equity

Comprehensive Trading Performance Summary

The investment history of corporate insiders at ERN provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Market Equity sector.

Last 7 Days
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Last 30 Days Trend
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Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2018-03-22 22:12 2018-03-22 Bello Abdul-Sabur Oladipupo (Dippo) Officer - VP, Fin. Planning & Treasurer SELL $0.00 5,418 $0 6,177 -46.7%
2017-12-30 05:08 2017-12-01 Lawal Kase Lukman 10% owner BUY $2.65 8,405 $22,314 3,380,147 +0.2%
2017-12-06 03:18 2017-11-21 Lawal Kase Lukman 10% owner BUY $2.73 3,323 $9,057 3,371,742 +0.1%
2017-11-20 15:30 2017-11-06 Lawal Kase Lukman 10% owner BUY $2.55 12,457 $31,806 3,368,419 +0.4%
2017-11-04 02:44 2017-10-30 Lawal Kase Lukman 10% owner BUY $2.67 7,800 $20,818 3,355,962 +0.2%
2017-10-28 00:58 2017-10-20 Lawal Kase Lukman 10% owner BUY $2.79 1,500 $4,185 3,348,162 +0.0%
2017-10-21 00:09 2017-10-13 Lawal Kase Lukman 10% owner BUY $2.81 24,970 $70,046 3,346,662 +0.8%
2017-10-14 04:54 2017-09-05 Lawal Kase Lukman 10% owner BUY $2.98 33,247 $99,186 3,321,692 +1.0%
2017-10-14 04:53 2017-07-24 Lawal Kase Lukman 10% owner BUY $2.20 194,419 $427,800 3,288,445 +6.3%
2017-10-14 04:52 2017-05-23 Lawal Kase Lukman 10% owner BUY $1.59 140,932 $223,391 3,094,026 +4.8%
2017-10-14 04:51 2017-03-23 Lawal Kase Lukman 10% owner BUY $2.07 194,370 $403,143 2,953,094 +7.0%
2017-10-14 04:49 2016-10-20 Lawal Kase Lukman 10% owner BUY $2.69 35,127 $94,590 2,758,724 +1.3%
2017-10-14 04:46 2016-08-01 Lawal Kase Lukman 10% owner BUY $2.38 64,408 $153,420 2,723,597 +2.4%
2017-10-14 04:44 2016-05-19 Lawal Kase Lukman 10% owner BUY $2.44 56,270 $137,214 2,659,189 +2.2%
2016-06-03 04:41 2016-05-31 Omidele Segun Director, Officer - Chief Executive Officer SELL $2.75 100 $275 608,648 0.0%
2016-05-28 04:15 2016-05-13 Lawal Kase Lukman 10% owner BUY $2.02 42,000 $85,004 2,574,348 +1.7%
2016-02-09 23:40 2014-05-06 Public Investment Corp (SOC) Ltd 10% owner BUY $0.72 188,442,211 $135,000,000 376,884,422 +100.0%
2016-01-05 02:03 2015-12-24 Lawal Kase Lukman Director, Officer, 10% owner - Chairman & CEO BUY $3.06 51,600 $157,705 2,082,611 +2.5%
2015-12-29 00:27 2015-12-18 Lawal Kase Lukman Director, Officer, 10% owner - Chairman & CEO BUY $2.93 32,750 $95,987 2,031,011 +1.6%
2015-12-18 03:22 2015-12-14 Lawal Kase Lukman Director, Officer, 10% owner - Chairman & CEO BUY $3.11 78,270 $243,326 1,998,261 +4.1%
2015-12-15 19:40 2015-12-08 Lawal Kase Lukman Director, Officer, 10% owner - Chairman & CEO BUY $3.38 67,192 $227,122 1,919,991 +3.6%
2015-12-11 01:41 2015-11-30 Lawal Kase Lukman Director, Officer, 10% owner - Chairman & CEO BUY $3.79 90,700 $344,070 1,852,799 +5.1%
2015-11-26 01:55 2015-11-23 Lawal Kase Lukman Director, Officer, 10% owner - Chairman & CEO BUY $4.02 47,300 $190,146 1,762,099 +2.8%
2015-09-23 18:22 2015-09-22 Traore Adama Officer - VP, Ctrlr & Chief Acct Ofcr SELL $4.22 5,410 $22,810 48,429 -10.0%
2015-09-23 18:11 2015-09-18 WONG HEIDI Officer - SVP and CAO SELL $4.22 8,969 $37,858 290,417 -3.0%
2015-09-23 18:09 2015-09-21 Evanoff Nicolas J Officer - General Counsel SR VP SELL $4.53 6,500 $29,452 348,498 -1.8%
2015-09-23 18:09 2015-09-21 Omidele Segun Officer - SVP & COO SELL $4.26 16,524 $70,442 434,920 -3.7%
2015-09-23 01:29 2015-09-21 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $4.35 12,050 $52,418 1,689,289 +0.7%
2015-09-02 01:06 2015-08-28 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $4.04 9,000 $36,360 1,677,239 +0.5%
2015-08-29 00:22 2015-08-24 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $3.55 29,000 $103,057 1,668,239 +1.8%
2015-08-20 01:35 2015-08-17 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $4.08 7,500 $30,600 1,639,239 +0.5%
2015-08-19 00:17 2015-08-17 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $7.08 7,500 $53,100 1,639,239 +0.5%
2015-07-14 23:51 2015-07-10 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $3.73 5,000 $18,666 1,631,739 +0.3%
2015-07-10 19:40 2015-07-06 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $3.71 4,900 $18,155 1,626,739 +0.3%
2015-07-06 21:21 2015-07-02 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $3.89 10,000 $38,900 1,621,839 +0.6%
2015-07-02 00:04 2015-07-01 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $3.85 5,000 $19,250 1,611,839 +0.3%
2015-06-19 01:02 2015-06-16 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $4.12 18,000 $74,070 1,581,264 +1.2%
2015-06-12 01:51 2015-06-11 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $6.65 10,000 $66,500 1,563,264 +0.6%
2015-05-09 00:04 2015-04-21 Evanoff Nicolas J Officer - General Counsel SR VP SELL $4.53 8,918 $40,409 354,998 -2.5%
2015-05-09 00:04 2015-03-24 O LEARY HAZEL Director SELL $2.64 29,166 $76,998 74,571 -28.1%
2015-05-09 00:03 2015-04-14 Omidele Segun Officer - SVP Exploration-Development SELL $4.65 7,010 $32,630 402,372 -1.7%
2015-05-09 00:03 2015-03-26 Brown Lee Patrick Director SELL $3.08 25,000 $77,100 101,931 -19.7%
2015-05-09 00:03 2015-04-14 WONG HEIDI Officer - SVP and CAO SELL $4.66 3,180 $14,806 277,121 -1.1%
2015-04-28 23:56 2015-04-24 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $5.29 20,000 $105,700 1,553,264 +1.3%
2015-04-25 00:09 2015-04-23 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $5.35 10,000 $53,500 1,533,264 +0.7%
2015-04-24 19:12 2015-04-21 Lawal Kase Lukman Director, Officer - Chairman & CEO BUY $0.80 25,000 $20,000 9,139,584 +0.3%
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How to Interpret $ERN Trades

Not every insider transaction in ERN is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $ERN shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for ERN

Insider activity data for ERN is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $ERN, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.