COO Dyes Alexander buys 29,069 shares of REI at $0.86; stock +22.3% in 30 days, now at $0.92, -52.3% from 52-week high.
Dyes Alexander, EVP Chief Operations Officer, purchased 29,069 shares at $0.86, bringing total holdings to 907,156 shares. The purchase follows a single prior open-market buy at this ticker on 2025-05-20, which returned +8.9% over 30 days. Ring Energy's recent fundamentals show net income of $20,634,887.00 and a trailing P/E of 2.71, suggesting modest valuation metrics. The stock has recovered +22.3% over the past 30 days but remains down 52.3% from its 52-week high of $1.93, placing the transaction in a period of partial recovery from significant losses. This is the insider's second open-market purchase at REI; the prior buy's positive 30-day return provides a narrow historical signal, though no 90-day data is yet available to assess broader timing patterns at this ticker.