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Bryan H. Lawrence, a director at Ramaco Resources, Inc. (NASDAQ:METC), recently executed multiple stock transactions involving the sale of Class A and Class B common shares. According to a recent SEC filing, Lawrence sold a total of shares worth approximately $4.46 million. The sales, which took place from March 25 to March 27, 2025, were executed at prices ranging from $7.1061 to $8.6701 per share. The stock, currently trading at $8.46, offers a substantial 6.5% dividend yield and is trading near its 52-week low of $8.09. InvestingPro analysis suggests the stock is currently undervalued, with analyst price targets ranging from $14 to $18.
The transactions involved both Class A and Class B common stocks. On March 25, Lawrence sold 140,003 shares of Class A common stock at a weighted average price of $8.6701 and 28,377 shares of Class B common stock at the same price. The following day, he sold an additional 179,000 shares of Class A common stock at a weighted average price of $8.2408 and 44,000 shares of Class B common stock at the same price. On March 27, Lawrence sold 114,688 shares of Class A common stock at a weighted average price of $8.3433 and 34,000 shares of Class B common stock at $7.1061. Despite these insider sales, InvestingPro data shows the company maintains a GOOD financial health score, with 10+ additional insights available to subscribers.
These transactions were conducted indirectly through Yorktown Energy Partners, where Lawrence holds a managerial position. Following these sales, Lawrence continues to hold a substantial number of shares in Ramaco Resources, a company with a market capitalization of $457 million and strong growth prospects, according to InvestingPro analysis.
In other recent news, Ramaco Resources reported strong fourth-quarter results with adjusted earnings per share of $0.06, a significant improvement from a loss of $0.03 in the previous quarter. The company achieved revenue of $170.9 million, marking a 2% sequential increase. Ramaco’s record quarterly sales volume exceeded 1.1 million tons, and the company successfully reduced cash costs to $96 per ton, down from $102 in the third quarter. The company’s adjusted EBITDA rose by 24% quarter-over-quarter to $29.2 million. Additionally, Ramaco reiterated its production and sales guidance for 2025, projecting sales of 850,000-950,000 tons in the first quarter, with an expected 33% increase in shipments in the second quarter.
In terms of management changes, E. Forrest Jones, Jr. has been appointed as the new General Counsel, transitioning from his previous role as a board member, effective May 1, 2025. Evan H. Jenkins will step down as General Counsel but will continue as Secretary and serve as Vice-Chairman of the Board. Analyst Nathan Martin from Benchmark revised Ramaco’s stock target to $18.00, down from $20.00, while maintaining a Buy rating. The company is also advancing its analysis of the rare earth and mineral deposit at its Brook Mine, with plans for a facility construction pending successful pilot tests.
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