12,007 Shares in Prairie Operating Co. (NASDAQ:PROP) Purchased by Navigation Wealth Management Inc.

Navigation Wealth Management Inc. acquired a new stake in Prairie Operating Co. (NASDAQ:PROP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,007 shares of the company’s stock, valued at approximately $83,000. Prairie Operating comprises approximately 0.1% of Navigation Wealth Management Inc.’s holdings, making the stock its 6th biggest position. Navigation Wealth Management Inc. owned approximately 0.05% of Prairie Operating at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Rhumbline Advisers acquired a new stake in shares of Prairie Operating during the 2nd quarter valued at approximately $45,000. JPMorgan Chase & Co. increased its stake in Prairie Operating by 163.4% during the third quarter. JPMorgan Chase & Co. now owns 6,966 shares of the company’s stock valued at $61,000 after purchasing an additional 4,321 shares during the last quarter. Barclays PLC raised its holdings in shares of Prairie Operating by 321.7% during the third quarter. Barclays PLC now owns 5,996 shares of the company’s stock worth $52,000 after purchasing an additional 4,574 shares during the period. Geode Capital Management LLC lifted its position in shares of Prairie Operating by 16.5% in the 3rd quarter. Geode Capital Management LLC now owns 121,966 shares of the company’s stock worth $1,069,000 after buying an additional 17,290 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Prairie Operating in the 2nd quarter valued at about $208,000. Institutional investors own 34.28% of the company’s stock.

Prairie Operating Trading Down 15.8 %

Shares of Prairie Operating stock opened at $5.47 on Tuesday. Prairie Operating Co. has a twelve month low of $5.40 and a twelve month high of $16.08. The stock has a market capitalization of $125.37 million, a price-to-earnings ratio of -1.82 and a beta of 1.95. The business’s 50 day simple moving average is $7.77 and its 200-day simple moving average is $8.66.

Analyst Upgrades and Downgrades

Separately, Singular Research upgraded shares of Prairie Operating to a “moderate buy” rating in a research note on Monday, October 7th.

Prairie Operating Company Profile

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.