On November 10, 2026, three insiders at San Juan Basin Royalty Trust (SJT) executed significant share purchases, collectively acquiring approximately $3.22 million worth of stock. Eric L. Oliver, Lp Softvest, and Gp I, Llc Softvest, all identified as 10% owners, each purchased 259,605 shares at a price of $4.14 per share.
This coordinated buying activity, often referred to as "cluster buying," is generally viewed as a strong bullish indicator by market observers. The purchases demonstrate a notable commitment to the trust from key stakeholders.
The recent transactions add to earlier insider buying activity observed on November 9, 2026, when the same insiders purchased additional shares, further reinforcing the positive sentiment surrounding SJT.