Insider Trading April 16, 2026 05:33 PM

SoftVest Increases Stake in Cross Timbers Royalty Trust with $265,153 Purchase

Two purchases on April 14-15 boost SoftVest's direct holdings as CRT trades near a 52-week peak

By Derek Hwang CRT
SoftVest Increases Stake in Cross Timbers Royalty Trust with $265,153 Purchase
CRT

SoftVest, LP, a roughly 10% holder of Cross Timbers Royalty Trust (NYSE: CRT), acquired 25,425 units of beneficial interest across transactions on April 14 and April 15, 2026, for a combined outlay of $265,153. The purchases raise SoftVest's direct position to 758,212 units while CRT shares trade close to a 52-week high amid significant six-month gains and a valuation flagged as rich by InvestingPro.

Key Points

  • SoftVest, LP bought 25,425 units of CRT in two transactions on April 14-15, 2026, paying $265,153 in total.
  • The April 14 purchase was 21,678 units at a weighted average of $10.42; April 15 purchase was 3,747 units at a weighted average of $10.48.
  • After the purchases, SoftVest holds 758,212 units; CRT shares are trading near a 52-week high after a 50.5% six-month gain, while InvestingPro flags the trust as appearing overvalued relative to Fair Value.

SoftVest, LP, identified as a ten percent owner of Cross Timbers Royalty Trust (NYSE: CRT), completed two separate purchases of trust units totaling 25,425 units for an aggregate cost of $265,153.

The transactions took place on April 14 and April 15, 2026. On April 14, SoftVest acquired 21,678 units in multiple trades at a weighted average price of $10.42, with individual trade prices ranging from $10.25 to $10.50. The total value of the April 14 activity was $225,882. The following day, April 15, the firm bought an additional 3,747 units at a weighted average price of $10.48, with trade prices between $10.36 and $10.50, for a total of $39,271.

These insider purchases occurred while CRT shares were trading near their 52-week high of $11.10. The stock has risen 50.5% over the past six months. Separately, InvestingPro analysis cited in available reporting indicates that the trust appears overvalued relative to its Fair Value and that it is listed among overvalued securities tracked by that platform.

Following the two purchases, SoftVest, LP directly holds 758,212 units of Cross Timbers Royalty Trust. Corporate structure details provided show that SoftVest GP I, LLC serves as the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of SoftVest GP I, LLC.

The reported transactions are limited to the unit counts, prices, dates, aggregated values, and the current ownership level disclosed above. No additional commentary from SoftVest, GP I, LLC, or individual principals is included in the reporting, and no further corporate actions or strategic intents were identified in the public details provided.


Summary

SoftVest increased its direct holdings in Cross Timbers Royalty Trust by 25,425 units across two days in mid-April 2026, spending $265,153 in total and bringing its direct holdings to 758,212 units while CRT trades near a 52-week high and is noted by InvestingPro as appearing overvalued relative to Fair Value.

  • Key points
  • SoftVest purchased 21,678 units on April 14 at a weighted average price of $10.42 and 3,747 units on April 15 at a weighted average price of $10.48.
  • The combined cost of the acquisitions was $265,153 and increased SoftVest's direct holdings to 758,212 units.
  • CRT shares have climbed 50.5% over the past six months and are trading near a 52-week high of $11.10.
  • Risks and uncertainties
  • Valuation risk - InvestingPro analysis indicates the trust appears overvalued relative to its Fair Value, which could imply downside if market reassessment occurs.
  • Price volatility - CRT has experienced a 50.5% increase over six months and is trading near its 52-week high, a condition that can coincide with heightened price swings.
  • Limited public detail on motive - The reporting provides transaction details and ownership levels but does not disclose rationale or intent behind the purchases, leaving strategic drivers unclear.

This article presents only the transaction data and related valuation note as reported; it does not introduce additional information beyond the disclosed purchases, dates, prices, aggregate values, ownership structure, and the InvestingPro valuation assessment.

Risks

  • Valuation risk: InvestingPro analysis indicates CRT appears overvalued relative to its Fair Value.
  • Price volatility: CRT has risen 50.5% over six months and trades close to its 52-week high of $11.10.
  • Uncertain motives: The reporting includes purchase details but does not disclose SoftVest's rationale for the acquisitions.

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