Insider Trading March 27, 2026

SoftVest Increases Stake in Cross Timbers Royalty Trust with $284k Purchase

Ten-percent holder adds 29,293 CRT units over two days as shares run higher; valuation flagged as above fair value

By Hana Yamamoto CRT
SoftVest Increases Stake in Cross Timbers Royalty Trust with $284k Purchase
CRT

SoftVest, LP, a 10% owner of Cross Timbers Royalty Trust (NYSE: CRT), purchased 29,293 units on March 25 and 26, 2026, paying roughly $284,544 in aggregate. The buys, executed across multiple trades, raised SoftVest's direct holdings to 629,384 units. Meanwhile, InvestingPro analysis indicates CRT is trading above its Fair Value estimate, and the stock has risen materially year-to-date.

Key Points

  • SoftVest, LP increased its direct stake in Cross Timbers Royalty Trust by 29,293 units on March 25-26, 2026, spending approximately $284,544.
  • Following the transactions, SoftVest directly holds 629,384 units of CRT; the stock has risen 9.4% over the past week and is trading at $10.63, up 35% year-to-date.
  • InvestingPro analysis included with the disclosure indicates CRT is trading above its Fair Value estimate, highlighting valuation considerations for investors and market participants in royalty trust and income-oriented equities.

Transaction overview

SoftVest, LP, identified as a ten percent owner of Cross Timbers Royalty Trust (NYSE: CRT), expanded its holding in the trust through purchases completed on March 25 and 26, 2026. Over the two days, SoftVest acquired a total of 29,293 units of beneficial interest for an aggregate consideration of approximately $284,544.


Trade details

The buying activity was carried out in multiple transactions. On March 25, 2026, SoftVest bought 26,134 units at per-unit prices that ranged from $9.58 to $9.95. The following day, March 26, 2026, an additional 3,159 units were purchased at prices between $9.86 and $9.96. After these additions, SoftVest directly holds 629,384 units of Cross Timbers Royalty Trust.


Market context

The purchases come as CRT shares have moved higher in recent trading. The stock gained 9.4% over the past week and is trading at $10.63, a 35% increase year-to-date. At the same time, InvestingPro analysis cited in available disclosures indicates the trust is trading above its Fair Value estimate, and readers are directed to InvestingPro for comprehensive valuation metrics and nine additional InvestingPro tips for further analysis.


Ownership and beneficial interest

Eric L. Oliver is identified as the managing member of SoftVest GP I, LLC, which is the general partner of SoftVest, LP. Mr. Oliver may be deemed to beneficially own the securities held by SoftVest, LP, though he disclaims any beneficial ownership except to the extent of his pecuniary interest.


What this note covers

This report records the reported purchases and positions as disclosed. It does not assert motives or future expectations beyond the stated trading and valuation data. Investors seeking the valuation work and related analysis referenced here are directed to the InvestingPro materials noted in the disclosure.


Data points in this article are drawn from the disclosed transaction filings and the InvestingPro valuation commentary. No additional claims about motives, future performance, or external context are made.

Risks

  • Valuation risk - InvestingPro analysis states CRT is trading above its Fair Value estimate, which may indicate elevated valuation relative to that model.
  • Price volatility - The stock rose 9.4% over the past week and is up 35% year-to-date, suggesting recent price momentum that could reverse.
  • Limited disclosure on motives - The filings record the purchases and ownership positions but do not provide the buyer's rationale, leaving uncertainty about the strategic intent behind the acquisitions.

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