Insider Activity to Watch: RSP Permian, Inc. $RSPP

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RSP Permian, Inc. (NYSE:RSPP) insider have most recently took part in a trading activity. On Aug 29, 2017 Gray Steven D, CEO bought 10,000 shares having total worth of $299,900 at the price of $29.99 per share, following the transaction a total of 311,688 shares owned by Gray Steven D. Before this latest buy, Gray Steven D purchased RSPP at 1 other times during the past twelve months, for a total investment of $542,850 at an average of $36.19 per share.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 4 sell activities and 1 buy trades. Furthermore, over the past 12 months , the stock was traded 32 times by insiders. In 30 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 4 -18.65%
12 Month 2 30 4.08%

Shares of RSP Permian, Inc. (NYSE:RSPP) traded down 0.53% on Aug 29, 2017, hitting $30.1. 1,222,849 shares of the company’s stock traded hands. RSP Permian, Inc. has a 52 week low of $27.59 and a 52 week high of $46.11. The company’s market cap is $3,490 million.

RSP Permian, Inc. (NYSE:RSPP) last announced its earnings results on Aug 7, 2017. The company reported 0.17 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.15 by $0.02. The company had revenue of $182 million for the quarter, compared to the consensus estimate of $187 million. During the same quarter in the previous year, the company posted -0.04 earnings per share. The company’s revenue for the quarter was up 121% on a year-over-year basis.

2017-08-07 2017-05-02 2017-02-27 2016-11-01 2016-08-08 2016-05-02 2016-02-24 2015-11-02 2015-08-03 2015-05-12
earnings per share 0.17 0.16 0.10 -0.01 -0.04 -0.16 0.12 0.15 0.16 0.13
Revenue(M) 182.38 167.12 120.54 91.36 82.46 57.77 96.63 101.52 97.11 80.85

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.