Insider Buying: Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Purchases $23,980.00 in Stock

Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Gregory W. Buckley acquired 1,000 shares of Adams Natural Resources Fund stock in a transaction on Friday, October 18th. The stock was purchased at an average price of $23.98 per share, with a total value of $23,980.00. Following the purchase, the vice president now owns 15,053 shares of the company’s stock, valued at $360,970.94. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Adams Natural Resources Fund Stock Down 1.3 %

Shares of Adams Natural Resources Fund stock opened at $23.59 on Thursday. The firm’s fifty day simple moving average is $23.26 and its 200-day simple moving average is $23.34. Adams Natural Resources Fund, Inc. has a 12 month low of $19.78 and a 12 month high of $24.51.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Raymond James & Associates grew its holdings in shares of Adams Natural Resources Fund by 3.7% during the third quarter. Raymond James & Associates now owns 216,439 shares of the financial services provider’s stock worth $5,026,000 after buying an additional 7,727 shares during the last quarter. Cullen Investment Group LTD. grew its stake in shares of Adams Natural Resources Fund by 2.1% in the 3rd quarter. Cullen Investment Group LTD. now owns 28,240 shares of the financial services provider’s stock valued at $656,000 after purchasing an additional 580 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Adams Natural Resources Fund by 241.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,230 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 2,283 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of Adams Natural Resources Fund by 25.6% in the second quarter. Blue Bell Private Wealth Management LLC now owns 51,918 shares of the financial services provider’s stock valued at $1,226,000 after purchasing an additional 10,593 shares during the period. Finally, Searle & CO. purchased a new stake in shares of Adams Natural Resources Fund during the second quarter worth approximately $201,000. 33.54% of the stock is currently owned by institutional investors and hedge funds.

About Adams Natural Resources Fund

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.