Top California Resources Executive Makes Major Insider Stock Move

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2026.05.13 02:14
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California Resources Corp's Executive Vice President, Michael L. Preston, sold 26,409 shares worth $1,579,522 on May 12, 2026, marking a significant insider transaction. Analysts have mixed views on CRC stock; UBS lowered its price outlook while BofA raised it, citing improved sector conditions. Spark's AI Analyst rates CRC as Neutral, highlighting operational momentum but concerns over earnings stability due to a net loss and declining free cash flow. The stock has a year-to-date performance of 34.35% and a market cap of $5.23B.