21,088 Shares in Prairie Operating Co. (NASDAQ:PROP) Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. bought a new stake in shares of Prairie Operating Co. (NASDAQ:PROP) during the 4th quarter, Holdings Channel.com reports. The fund bought 21,088 shares of the company’s stock, valued at approximately $146,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of New York Mellon Corp purchased a new stake in shares of Prairie Operating during the 2nd quarter worth $208,000. Rhumbline Advisers purchased a new stake in shares of Prairie Operating during the second quarter valued at about $45,000. State Street Corp boosted its holdings in shares of Prairie Operating by 56.4% in the 3rd quarter. State Street Corp now owns 62,041 shares of the company’s stock valued at $543,000 after buying an additional 22,384 shares in the last quarter. Barclays PLC grew its position in shares of Prairie Operating by 321.7% in the 3rd quarter. Barclays PLC now owns 5,996 shares of the company’s stock worth $52,000 after buying an additional 4,574 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Prairie Operating by 16.5% during the 3rd quarter. Geode Capital Management LLC now owns 121,966 shares of the company’s stock worth $1,069,000 after acquiring an additional 17,290 shares in the last quarter. 34.28% of the stock is currently owned by hedge funds and other institutional investors.

Prairie Operating Stock Performance

Shares of PROP stock opened at $8.54 on Friday. The stock’s fifty day moving average price is $7.57 and its 200 day moving average price is $8.53. Prairie Operating Co. has a 1-year low of $4.91 and a 1-year high of $16.08.

Wall Street Analysts Forecast Growth

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.