Director Steven D. Gray buys $320,175 of Infinity Natural Resources, Inc. (INR)
Steven D. Gray, director, bought $320,175 of stock after a 28.7% fall. WallStPal Score 63.
Steven D. Gray, director of Infinity Natural Resources, Inc., bought 25,000 shares on the open market on June 12, 2026 at an average of $12.81 a share, for a total of $320,175. The purchase was reported to the SEC on Form 4 on June 12, 2026.
It raised their holding by 167%, to 40,000 shares.
The purchase came after a fall: Infinity Natural Resources, Inc. stock was down 28.7% over the 13 weeks before.
3 other insiders also bought at least $10,000 of INR within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Infinity Natural Resources, Inc. insiders reported 9 open-market purchases and 0 sales.
WallStPal Score: 63 out of 100, because of raised their holding by 167%; 3 other insiders also bought; the stock had fallen 28.7% in the 13 weeks before.
What happened next: after 1 month the stock was up 2.6% (1.6 points better than the S&P 500); after 3 months the stock was up 21.9% (17.5 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Steven D. Gray helps run Infinity Natural Resources, Inc.. Spending $320,175 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all INR insider trades · Steven D. Gray's track record