Sanchez Energy Corp (SN) VP Gregory B. Kopel Sells 7,960 Shares

Sanchez Energy Corp (NYSE:SN) VP Gregory B. Kopel sold 7,960 shares of Sanchez Energy stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $5.61, for a total transaction of $44,655.60. Following the completion of the transaction, the vice president now directly owns 109,488 shares of the company’s stock, valued at $614,227.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Sanchez Energy Corp (NYSE SN) opened at $5.36 on Monday. The stock has a market cap of $450.93, a PE ratio of 107.20 and a beta of 1.72. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of -3.72. Sanchez Energy Corp has a twelve month low of $3.58 and a twelve month high of $14.39.

Several institutional investors have recently added to or reduced their stakes in SN. Raymond James Financial Services Advisors Inc. lifted its holdings in Sanchez Energy by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 50,374 shares of the energy producer’s stock valued at $362,000 after buying an additional 231 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Sanchez Energy by 6.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock valued at $182,000 after buying an additional 1,650 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Sanchez Energy by 1.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 301,467 shares of the energy producer’s stock valued at $2,165,000 after buying an additional 3,725 shares in the last quarter. Voya Investment Management LLC lifted its holdings in Sanchez Energy by 16.8% during the 2nd quarter. Voya Investment Management LLC now owns 33,214 shares of the energy producer’s stock valued at $238,000 after buying an additional 4,770 shares in the last quarter. Finally, California Public Employees Retirement System lifted its holdings in Sanchez Energy by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 294,800 shares of the energy producer’s stock valued at $2,117,000 after buying an additional 6,400 shares in the last quarter. Hedge funds and other institutional investors own 59.05% of the company’s stock.

A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Sanchez Energy from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a research note on Wednesday, December 27th. Stifel Nicolaus set a $5.00 price objective on shares of Sanchez Energy and gave the stock a “hold” rating in a research note on Thursday, October 5th. Northland Securities set a $6.00 price objective on shares of Sanchez Energy and gave the stock a “buy” rating in a research note on Monday, December 11th. Seaport Global Securities raised shares of Sanchez Energy from a “sell” rating to a “neutral” rating and set a $4.50 price objective for the company in a research note on Wednesday, October 4th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Sanchez Energy in a research note on Friday, September 15th. They issued a “neutral” rating for the company. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $9.46.

ILLEGAL ACTIVITY NOTICE: “Sanchez Energy Corp (SN) VP Gregory B. Kopel Sells 7,960 Shares” was first published by Equities Focus and is the sole property of of Equities Focus. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://www.equitiesfocus.com/2018/01/08/sanchez-energy-corp-sn-vp-gregory-b-kopel-sells-7960-shares.html.

Sanchez Energy Company Profile

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Insider Buying and Selling by Quarter for Sanchez Energy (NYSE:SN)

Receive News & Ratings for Sanchez Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanchez Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply