Sanchez Energy Corp (NYSE:SN) CAO Kirsten A. Hink sold 9,949 shares of the company’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $5.22, for a total value of $51,933.78. Following the completion of the sale, the chief accounting officer now owns 157,261 shares in the company, valued at $820,902.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Sanchez Energy Corp (NYSE SN) traded up $0.49 during trading on Thursday, hitting $6.09. The stock had a trading volume of 2,403,455 shares, compared to its average volume of 2,917,729. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of -3.72. The company has a market capitalization of $491.31, a price-to-earnings ratio of 21.75 and a beta of 1.72. Sanchez Energy Corp has a twelve month low of $3.58 and a twelve month high of $14.39.
A number of equities research analysts have recently issued reports on the company. Seaport Global Securities upgraded Sanchez Energy from a “sell” rating to a “neutral” rating and set a $4.50 target price for the company in a research note on Wednesday, October 4th. Zacks Investment Research upgraded 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. BMO Capital Markets set a $5.00 target price on Sanchez Energy and gave the stock a “hold” rating in a report on Tuesday, October 10th. Piper Jaffray Companies reaffirmed a “neutral” rating and set a $6.00 target price (down previously from $14.00) on shares of Sanchez Energy in a report on Monday, September 18th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $5.00 target price on shares of Sanchez Energy in a report on Friday, October 20th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $9.62.
COPYRIGHT VIOLATION WARNING: “Insider Selling: Sanchez Energy Corp (SN) CAO Sells 9,949 Shares of Stock” was posted by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be read at https://www.com-unik.info/2018/01/11/insider-selling-sanchez-energy-corp-sn-cao-sells-9949-shares-of-stock.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.
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.