GRNT Granite Ridge Resources, Inc.
Price Chart
Executive Summary
Three Granite Ridge directors made open-market purchases totaling $576K over the past week, with director Perry Griffin alone buying $549K worth at $5.49/share. This is the second cluster of insider buying in two weeks, reinforcing a bullish signal from directors who lack the diversification incentives of C-suite insiders.
Key Financial Metrics
Actionable Insight
Director clusters buying at increasing volume (now $576K in 7 days vs $740K in prior 30 days) is the strongest insider signal per academic literature. The repeat buying by directors who have no liquidity-driven selling agenda signals conviction. Traders should watch for potential M&A or reserve update catalysts in coming weeks given the concentrated buying pattern.
Key Facts
- Three directors purchased a total of $576K in open-market transactions across 5 trading days.
- Director Perry Griffin bought $549K (100K shares at $5.49), representing ~0.08% of market cap.
- Director John McCartney bought $40K across two trades on May 19 and May 21.
- Director Michele J. Everard bought $5K on May 14.
- This cluster follows a $740K insider buying cluster in the prior 30-day window.
- All transactions are P-coded open-market buys — no 10b5-1 plan indicated.
Financial Impact
$576,000 in aggregate director open-market purchases, ~0.08% of $725M market cap
Risk Factors
- Director-only buying lacks C-suite participation — CFO/CEO absent from purchases could mute signal.
- At ~0.08% of market cap, total dollar size is modest relative to company size and may be overwhelmed by institutional flows.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GRNT-1779467907237 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 29, 2026
11d ago
|
Insider Cluster
| $4.86 $4.99 | ▲ +2.67% | ▲ +2.97% | $4.85 (−0.21%) |
|
May 22, 2026
18d ago
|
8-K
| $5.52 $5.05 | ▼ −8.51% | ▼ −10.19% | $4.85 (−12.14%) |
|
May 22, 2026
18d ago
|
Insider Cluster
| $5.52 $5.05 | ▼ −8.51% | ▼ −10.19% | $4.85 (−12.14%) |
|
May 20, 2026
20d ago
|
Insider Cluster
| $5.65 $5.00 | ▼ −11.50% | ▼ −12.74% | $4.85 (−14.16%) |
|
May 13, 2026
28d ago
|
Insider Cluster
| $5.16 $5.65 | ▲ +9.50% | ▲ +9.64% | $4.85 (−6.01%) |
|
May 7, 2026
4w ago
|
8-K
| $5.00 $5.32 | ▼ −6.40% | ▼ −4.94% | $4.85 (+3.00%) |
|
Apr 8, 2026
8w ago
|
DEFA14A
| $5.62 $5.37 | ▼ −4.45% | ▼ −7.63% | $4.85 (−13.70%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $5.02 $5.31 | ▲ +5.78% | ▲ +6.68% | $4.85 (−3.39%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $5.02 $5.31 | ▲ +5.78% | ▲ +6.68% | $4.85 (−3.39%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $5.02 $5.31 | ▲ +5.78% | ▲ +6.68% | $4.85 (−3.39%) |
US Market Status
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