Here is Who Picked TransAtlantic Petroleum Ltd. (NYSEMKT:TAT) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Transatlantic Petroleum Ltd. (NYSEMKT:TAT) reported that West Family Investments, Inc. has picked up 5,754,426 of common stock as of 2017-07-05.

The acquisition brings the aggregate amount owned by West Family Investments, Inc. to a total of 5,754,426 representing a 11.1% stake in the company.

For those not familiar with the company,

For those not familiar with the company, TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively. The Company holds interests in over 20 onshore and offshore exploration licenses and approximately 25 onshore production leases covering a total of over 1.4 million gross acres in Turkey. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The Company holds interests in an onshore exploration license and an onshore production concession covering a total of approximately 567,110 acres in Bulgaria.

A glance at Transatlantic Petroleum Ltd. (NYSEMKT:TAT)’s key stats reveals a current market capitalization of $56.75 Million based on $47.34 Million shares outstanding and a price at last close of $1.15 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-28, Downey picked up 10,000 at a purchase price of $1.23. This brings their total holding to 14,022 as of the date of the filing.

On the sell side, the most recent transaction saw Saqueton unload 11,765 shares at a sale price of $1.11. This brings their total holding to 41,490.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an Advanced Micro Devices Inc. (NASDAQ:AMD) as things move forward to see if its progress aligns with these transactions.

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A glance at Transatlantic Petroleum Ltd. (NYSEMKT:TAT)’s key stats reveals a current market capitalization of $13.53 Billion based on $945.02 Million shares outstanding and a price at last close of $13.19 per share.

Looking at insider activity, there are a few transactions worth noting.