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 dated Wednesday, January 3rd. The shares were sold at an average price of $5.61, for a total transaction of $44,655.60. Following the transaction, the vice president now owns 109,488 shares of the company’s stock, valued at $614,227.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Sanchez Energy Corp (NYSE:SN) opened at $5.36 on Friday. The company has a debt-to-equity ratio of -3.72, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market cap of $450.93, a PE ratio of 19.14 and a beta of 1.72. Sanchez Energy Corp has a 52 week low of $3.58 and a 52 week high of $14.39.

Several research analysts recently weighed in on SN shares. Seaport Global Securities upgraded shares of Sanchez Energy from a “sell” rating to a “neutral” rating and set a $4.50 price target on the stock in a report on Wednesday, October 4th. Zacks Investment Research upgraded shares of Sanchez Energy from a “hold” rating to a “buy” rating and set a $6.00 price target on the stock in a report on Wednesday, December 27th. BMO Capital Markets set a $5.00 price target on shares of Sanchez Energy and gave the stock a “hold” rating in a report on Tuesday, October 10th. Piper Jaffray Companies restated a “neutral” rating and set a $6.00 price target (down from $14.00) on shares of Sanchez Energy in a report on Monday, September 18th. Finally, SunTrust Banks restated a “hold” rating and set a $5.00 price target on shares of Sanchez Energy in a report on Friday, October 20th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. Sanchez Energy currently has an average rating of “Hold” and a consensus target price of $9.46.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SN. Hotchkis & Wiley Capital Management LLC purchased a new position in Sanchez Energy in the second quarter valued at about $32,388,000. State Street Corp boosted its stake in Sanchez Energy by 50.0% in the second quarter. State Street Corp now owns 7,343,314 shares of the energy producer’s stock valued at $52,727,000 after acquiring an additional 2,446,795 shares during the last quarter. Schroder Investment Management Group boosted its stake in Sanchez Energy by 44.8% in the second quarter. Schroder Investment Management Group now owns 1,894,000 shares of the energy producer’s stock valued at $13,504,000 after acquiring an additional 586,040 shares during the last quarter. Vanguard Group Inc. boosted its stake in Sanchez Energy by 4.9% in the second quarter. Vanguard Group Inc. now owns 12,127,552 shares of the energy producer’s stock valued at $87,076,000 after acquiring an additional 569,664 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Sanchez Energy by 44.9% in the third quarter. JPMorgan Chase & Co. now owns 1,789,224 shares of the energy producer’s stock valued at $8,804,000 after acquiring an additional 554,240 shares during the last quarter. Hedge funds and other institutional investors own 59.05% of the company’s stock.

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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.

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