Zion Oil & Gas Inc (ZNOG)

[tisdal]

The second part of the article stands out.

Everyone is aware of the sale by now and realizes it was a scheduled sale of no "insider knowledge" consequence.

(1) 25,066 shares were sold pursuant to 10b5-1 trading plan adopted on 08/17/2017. 430,521 shares comprised of 297,934 shares of common stock, 2,587 shares owed jointly & 130,000 shares of vested stock options.

Once an insider signs a trading plan, they must execute. Betcha he was not happy when they had to stop drilling. Probably thought they would have been TD and revealed Zion's discovery of an Oil field by His scheduled first trade date. The delay made this sceduled trade worth alot less then he thought back in August when he signed the plan.

HOWEVER, Institutions adding to their positions or Institutions starting new positions in the last quarter is News! This may be more of a surprise to the investment community.

A number of institutional investors have recently bought and sold shares of the business. Advisor Group Inc. lifted its stake in shares of Zion Oil & Gas by 16.7% in the 2nd quarter. Advisor Group Inc. now owns 32,036 shares of the oil and gas producer’s stock worth $110,000 after acquiring an additional 4,591 shares during the period. Northern Trust Corp lifted its stake in shares of Zion Oil & Gas by 2.2% in the 2nd quarter. Northern Trust Corp now owns 67,447 shares of the oil and gas producer’s stock worth $231,000 after acquiring an additional 1,478 shares during the period. B. Riley Financial Inc. acquired a new stake in shares of Zion Oil & Gas in the 2nd quarter worth approximately $261,000. Finally, Vanguard Group Inc. lifted its stake in shares of Zion Oil & Gas by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,212,744 shares of the oil and gas producer’s stock worth $4,160,000 after acquiring an additional 37,599 shares during the period. 4.73% of the stock is owned by hedge funds and other institutional investors.