Insider Selling: Rnbd Gp Llc Sells 8,704,732 Shares of Eclipse Resources Corp Stock (ECR)
Eclipse Resources Corp (NYSE:ECR) major shareholder Rnbd Gp Llc sold 8,704,732 shares of Eclipse Resources Corp stock on the open market in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $25.58, for a total value of $222,667,044.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Eclipse Resources Corp (NYSE:ECR) traded up 1.48% on Thursday, hitting $25.29. 574,309 shares of the company’s stock traded hands. Eclipse Resources Corp has a 52 week low of $24.27 and a 52 week high of $27.18. The stock has a 50-day moving average of $25.11 and a 200-day moving average of $25.11. The company’s market cap is $238.4 million.
Eclipse Resources Corporation is an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin.
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