
Oppenheimer Asset Management SnapsâŊUpâŊ4,230âŊShares of RangeâŊResources
âĒBy ADMIN
Related Stocks:OPY
Oppenheimer Asset Management Inc. has increased its stake in Range Resources Corporation (NYSE:âŊRRC) by purchasing an additional 4,230âŊshares during the quarter, bringing its total holdings to 15,955âŊshares. The firmâs investment in Range Resources is now valued at approximately USâŊ$649,000, according to the latest SEC filing.
This transaction reflects a 36.1âŊ% increase in Oppenheimerâs holdings of the oil and gas exploration company. With institutional investors owning nearly 99âŊ% of the companyâs stock, the move signals a notable commitment by Oppenheimer amid industry shifts and changing analyst sentiment.
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