Jones Energy, Inc. (JONE) Major Shareholder Sells $97,500.00 in Stock

Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 75,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1.30, for a total transaction of $97,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Metalmark Capital Ii Llc also recently made the following trade(s):

  • On Monday, October 30th, Metalmark Capital Ii Llc sold 60,300 shares of Jones Energy stock. The stock was sold at an average price of $1.24, for a total transaction of $74,772.00.
  • On Friday, October 27th, Metalmark Capital Ii Llc sold 77,800 shares of Jones Energy stock. The stock was sold at an average price of $1.28, for a total transaction of $99,584.00.
  • On Wednesday, October 25th, Metalmark Capital Ii Llc sold 100,000 shares of Jones Energy stock. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00.
  • On Monday, October 23rd, Metalmark Capital Ii Llc sold 73,135 shares of Jones Energy stock. The stock was sold at an average price of $1.29, for a total transaction of $94,344.15.
  • On Friday, October 20th, Metalmark Capital Ii Llc sold 130,000 shares of Jones Energy stock. The stock was sold at an average price of $1.38, for a total transaction of $179,400.00.
  • On Wednesday, October 18th, Metalmark Capital Ii Llc sold 54,723 shares of Jones Energy stock. The stock was sold at an average price of $1.27, for a total transaction of $69,498.21.
  • On Monday, October 16th, Metalmark Capital Ii Llc sold 100,873 shares of Jones Energy stock. The stock was sold at an average price of $1.40, for a total transaction of $141,222.20.
  • On Friday, October 13th, Metalmark Capital Ii Llc sold 97,000 shares of Jones Energy stock. The stock was sold at an average price of $1.42, for a total transaction of $137,740.00.
  • On Thursday, October 12th, Metalmark Capital Ii Llc sold 130,161 shares of Jones Energy stock. The stock was sold at an average price of $1.44, for a total transaction of $187,431.84.
  • On Wednesday, October 11th, Metalmark Capital Ii Llc sold 85,725 shares of Jones Energy stock. The stock was sold at an average price of $1.59, for a total transaction of $136,302.75.

Shares of Jones Energy, Inc. (NYSE JONE) opened at $1.36 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.87 and a quick ratio of 0.87.

Jones Energy (NYSE:JONE) last released its quarterly earnings data on Thursday, August 3rd. The oil and gas producer reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.30. The business had revenue of $48.60 million for the quarter, compared to the consensus estimate of $53.93 million. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. The company’s revenue was up 67.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.09) earnings per share. sell-side analysts forecast that Jones Energy, Inc. will post -0.23 earnings per share for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Highbridge Capital Management LLC increased its position in shares of Jones Energy by 4.3% during the first quarter. Highbridge Capital Management LLC now owns 42,280 shares of the oil and gas producer’s stock valued at $108,000 after buying an additional 1,735 shares during the period. Penn Capital Management Co. Inc. increased its position in shares of Jones Energy by 9.5% during the second quarter. Penn Capital Management Co. Inc. now owns 1,502,361 shares of the oil and gas producer’s stock valued at $2,404,000 after buying an additional 130,842 shares during the period. Parkwood LLC increased its position in shares of Jones Energy by 15.3% during the second quarter. Parkwood LLC now owns 172,800 shares of the oil and gas producer’s stock valued at $276,000 after buying an additional 22,950 shares during the period. Geode Capital Management LLC increased its position in shares of Jones Energy by 30.7% during the first quarter. Geode Capital Management LLC now owns 494,884 shares of the oil and gas producer’s stock valued at $1,261,000 after buying an additional 116,385 shares during the period. Finally, Goodman Financial Corp increased its position in shares of Jones Energy by 12.6% during the second quarter. Goodman Financial Corp now owns 1,707,549 shares of the oil and gas producer’s stock valued at $2,732,000 after buying an additional 191,622 shares during the period. Hedge funds and other institutional investors own 59.53% of the company’s stock.

JONE has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Jones Energy from a “hold” rating to a “strong-buy” rating and set a $1.75 price target on the stock in a report on Wednesday, October 11th. ValuEngine raised shares of Jones Energy from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, J P Morgan Chase & Co downgraded shares of Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price objective on the stock. in a report on Thursday, July 20th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.96.

Jones Energy Company Profile

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

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