Pedevco executive VP Clark Moore sells $129k in company stock

Executive Vice President Clark Moore of PEDEVCO CORP (NASDAQ:PED) divested a substantial number of the company's shares, totaling 10,260, over a period of three trading days in mid-August 2026. The sales, reported in a recent SEC filing, amounted to around $129,417, with individual share prices fluctuating between $12.25 and $12.95.

The transactions were conducted in three separate trades: 3,765 shares on August 17, 2026, priced at an average of $12.81; 5,277 shares on August 18, 2026, at an average of $12.53; and 1,218 shares on August 19, 2026, at an average of $12.37. As a result of these sales, Moore now owns 44,167 shares of PEDEVCO common stock directly, with an additional 143 shares indirectly held by a minor child.

Analysts maintain a positive outlook on PEDEVCO, predicting a 32% upside potential, and the company carries a "GOOD" Financial Health score of 2.59. PEDEVCO reported impressive financial results in its second quarter of 2026, with revenue increasing 561% year-over-year to $46.1 million, adjusted EBITDA reaching $18.7 million, and a GAAP net income of $17.5 million, or $1.31 per share.