Trade Summary
6 days ago, Acosta Arcilia, serving as Dir at Magnolia Oil & Gas Corp (MGY), sold 19,235 shares at $29.10 per share, for a total transaction value of $559,777.00. Following this transaction, Acosta Arcilia now holds 128,249 shares of MGY.
This sale represents a 13.00% decrease in Acosta Arcilia's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, March 9, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 11, 2026, 2 days after the trade was made.
Magnolia Oil & Gas Corp operates in the ENERGY sector, specifically within the OIL & GAS E&P industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.