{
  "id": 2049436,
  "title": "Pedevco executive VP Clark Moore sells $129,417 in stock",
  "url": "https://urgent.news/2026/08/20/pedevco-executive-vp-clark-moore-sells-129-417-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T01:01:14.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/pedevco-executive-vp-clark-moore-sells-129417-in-stock-93CH-4868513"
  },
  "original_language": "en",
  "account": "In August 2026, Clark Moore, Executive Vice President at PEDEVCO CORP, transferred 10,260 shares of the company's common stock, resulting in a total value of about $129,417. The share sales took place over three days, with prices fluctuating between $12.37 and $12.81 per share. On August 17, Moore sold 3,765 shares at an average price of $12.81. The next day, he disposed of 5,277 shares at an average price of $12.53. Finally, on August 19, he sold 1,218 shares at an average price of $12.37. Since the transactions, the stock price has risen to $13.23, marking a nearly 10% increase over the past week. As a result of these sales, Moore currently owns 44,167 shares directly and has 143 shares indirectly held by his minor child. Analysts forecast the company to be profitable this year, with earnings expected to be $1.59 per share. However, InvestingPro's analysis suggests the stock is currently overvalued based on its Fair Value. In recent news, PEDEVCO Corp reported strong financial results for the second quarter of 2026, with revenue increasing to $46.1 million, a substantial rise from $7.0 million in the same period last year. The company's adjusted EBITDA reached $18.7 million, and it reported a GAAP net income of $17.5 million, or $1.31 per share, marking a shift from a loss in the previous year. The impressive revenue growth of 561% is credited to the Juniper merger and improved oil prices. This robust performance has been well-received by investors, who have responded positively to the company's recent financial achievements.",
  "summary": null,
  "key_points": [
    "Clark Moore, Pedevco's Executive VP, sold $129,417 worth of stock in August 2026.",
    "Stock price increased 10% to $13.23 after Moore's sales, despite analysts' overvaluation concerns."
  ],
  "editors_take": "The sale of shares by Pedevco's executive VP Clark Moore comes as the company's stock price has recently surged, with a nearly 10% increase over the past week to $13.23.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}