10% Owner Eric L. Oliver Continues Accumulation with $254K Share Purchase
CRT sits 51% above its 52-week low of $7.07 on light trading volume (0.2× avg).
Summary
Eric L. Oliver, a 10% owner of Cross Timbers Royalty Trust, purchased an additional $254,440 worth of units, extending a pattern of significant insider buying.
Key Events · Ownership and Investor Activity · CRT
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Significant Insider Purchase
Eric L. Oliver, a 10% owner, acquired 23,386 units for $254,440 at an average price of $10.88 per unit on May 26, 2026.
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Continued Accumulation
This purchase extends a pattern of consistent buying by Mr. Oliver and SoftVest, LP, totaling over $2.2 million in the last 90 days, indicating strong conviction despite recent financial declines.
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Trading Near 52-Week Highs
The purchase occurred while the stock is trading near its 52-week high of $11.10, suggesting confidence in the company's valuation at elevated levels.
Analysis · CRT · Energy & Transportation
This Form 4 filing reports a substantial open-market purchase by a significant 10% owner, Eric L. Oliver, through SoftVest, LP. The $254,440 transaction, occurring near the company's 52-week high, is part of a broader pattern of consistent accumulation by this insider, totaling over $2.2 million in the past 90 days. This continued buying signals strong conviction from a major investor, especially notable given the company's recent report of a 72% year-over-year decrease in distributable income for Q1 2026. Such sustained insider confidence can be a positive indicator for investors, suggesting a belief in future recovery or undervaluation despite current operational challenges.
At the time of this filing, CRT was trading at $10.71 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $64.3M. The 52-week trading range was $7.07 to $11.10. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.