HighPeak Energy ( NASDAQ: HPK ) +12.9% in Thursday's trading after an SEC filing disclosed CEO Jack Hightower this week bought 462,749 common shares at $21.61 each.
The CEO now controls more than 81.2M HighPeak ( HPK ) shares, or 76.5% of its outstanding stock, including ~6.85M shares from vested stock options and warrants to buy another 681.3K shares, according to the filing.
HighPeak Energy ( HPK ) looks like "a good investment proposition given the high profitability of its operations," Alberto Abaterusso writes in a bullish analysis published recently on Seeking Alpha .
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HighPeak Energy hits two-month high after CEO buys 462K shares