SoftVest, LP, identified as holding approximately ten percent of CROSS TIMBERS ROYALTY TRUST (NYSE: CRT), recorded a purchase of 6,844 units of beneficial interest on April 10, 2026, according to a Form 4 filing submitted to the Securities and Exchange Commission.
The units were acquired at a weighted average price of $10.42 per unit, producing a total transaction value of $71,314. Reported trade prices for the lot varied between $10.36 and $10.45.
After the purchase, SoftVest, LP directly holds 732,787 units of CROSS TIMBERS ROYALTY TRUST, per the filing. The acquisition was made while CRT shares have advanced nearly 48% over the prior six months. The stock is currently trading at $10.39 and the trust carries a market capitalization of $61.2 million.
Market data referenced in the filing show the range of prices paid in the transaction and the aggregate value, while ownership figures reflect SoftVest's direct stake following the trade. The Form 4 filing is the primary record of the transaction and the details above are drawn from that disclosure.
Separate analysis from InvestingPro highlights that the trust has maintained dividend distributions for 35 consecutive years. That same InvestingPro assessment indicates that, despite the extended dividend streak, the equity presently appears overvalued relative to its Fair Value. The InvestingPro platform notes that users can access five additional ProTips and further financial metrics related to the trust on its service.
Below are concise takeaways and considerations drawn from the filing and the accompanying market context:
- Transaction specifics - SoftVest purchased 6,844 units on April 10, 2026 at a weighted average of $10.42, for a total of $71,314; reported trade prices spanned $10.36 to $10.45.
- Ownership after trade - SoftVest directly holds 732,787 units of CROSS TIMBERS ROYALTY TRUST following the acquisition.
- Market backdrop - CRT shares have risen nearly 48% over the last six months and are trading at $10.39 with a market cap of $61.2 million.
- Dividend and valuation notes - InvestingPro reports a 35-year consecutive dividend record for the trust but flags the stock as currently overvalued versus its Fair Value and offers additional analytical tips and metrics on its platform.
The information in this report is limited to the facts contained in the Form 4 filing and the InvestingPro observations cited. Where the source material provides limited context, this article does not extend beyond the stated details.