Adams Natural Resources Fund Inc (PEO) Director Sells $35,200.00 in Stock

Adams Natural Resources Fund Inc (NYSE:PEO) Director Frederic A. Escherich sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $17.60, for a total transaction of $35,200.00. Following the completion of the transaction, the director now directly owns 10,705 shares of the company’s stock, valued at approximately $188,408. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Adams Natural Resources Fund stock opened at $17.66 on Friday. Adams Natural Resources Fund Inc has a 52 week low of $16.90 and a 52 week high of $21.48.

Large investors have recently modified their holdings of the business. Advisors Asset Management Inc. acquired a new stake in shares of Adams Natural Resources Fund during the 2nd quarter valued at $321,000. Raymond James & Associates boosted its stake in shares of Adams Natural Resources Fund by 7.1% during the 2nd quarter. Raymond James & Associates now owns 78,395 shares of the financial services provider’s stock valued at $1,575,000 after buying an additional 5,171 shares during the period. 6 Meridian acquired a new stake in shares of Adams Natural Resources Fund during the 2nd quarter valued at $969,000. North Star Asset Management Inc. boosted its stake in shares of Adams Natural Resources Fund by 3.0% during the 2nd quarter. North Star Asset Management Inc. now owns 168,355 shares of the financial services provider’s stock valued at $3,382,000 after buying an additional 4,954 shares during the period. Finally, RB Capital Management LLC boosted its stake in shares of Adams Natural Resources Fund by 20.0% during the 2nd quarter. RB Capital Management LLC now owns 23,724 shares of the financial services provider’s stock valued at $477,000 after buying an additional 3,949 shares during the period. 22.30% of the stock is owned by institutional investors.

About Adams Natural Resources Fund

Adams Natural Resources Fund, Inc is a self-managed investment trust. The firm invests in the public equity markets across the globe. 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.

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