Halcon Resources Corporation (NYSE:HK) Director Darryl Schall acquired 10,000 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were bought at an average price of $6.25 per share, with a total value of $62,500.00. Following the completion of the transaction, the director now owns 35,589 shares in the company, valued at $222,431.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Halcon Resources Corporation (HK) traded up 1.65% during midday trading on Tuesday, reaching $6.16. 2,829,958 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $5.53 and a 200-day moving average of $7.00. The stock has a market cap of $924.62 million, a PE ratio of 0.88 and a beta of 3.99. Halcon Resources Corporation has a 12 month low of $3.69 and a 12 month high of $14.14.

ILLEGAL ACTIVITY WARNING: This article was reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another publication, it was stolen and republished in violation of US and international copyright legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/08/08/darryl-schall-buys-10000-shares-of-halcon-resources-corporation-nysehk-stock.html.

HK has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Halcon Resources Corporation from a “sell” rating to a “hold” rating in a research report on Friday, April 14th. Barclays PLC reiterated an “underweight” rating and set a $8.00 price objective (down from $9.00) on shares of Halcon Resources Corporation in a research report on Saturday, April 22nd. Roth Capital set a $14.00 price objective on shares of Halcon Resources Corporation and gave the stock a “buy” rating in a research report on Thursday, May 4th. Scotiabank set a $12.00 price objective on shares of Halcon Resources Corporation and gave the stock a “buy” rating in a research report on Tuesday, May 16th. Finally, Seaport Global Securities reiterated a “buy” rating and set a $10.00 price objective on shares of Halcon Resources Corporation in a research report on Tuesday, May 23rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $9.41.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Clinton Group Inc. acquired a new position in Halcon Resources Corporation during the first quarter valued at approximately $119,000. Dynamic Technology Lab Private Ltd acquired a new position in Halcon Resources Corporation during the first quarter valued at approximately $140,000. Sanders Morris Harris Inc. acquired a new position in Halcon Resources Corporation during the first quarter valued at approximately $159,000. Bank of New York Mellon Corp acquired a new position in Halcon Resources Corporation during the first quarter valued at approximately $174,000. Finally, Texas Yale Capital Corp. acquired a new position in Halcon Resources Corporation during the first quarter valued at approximately $197,000. 78.62% of the stock is currently owned by hedge funds and other institutional investors.

Halcon Resources Corporation Company Profile

Halcon Resources Corporation is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. The Company’s estimated total proved oil and natural gas reserves are approximately 146.8 million barrels of oil equivalent (MMBoe), consisting of over 120.7 million barrels of oil (MMBbls), approximately 13.0 MMBbls of natural gas liquids and over 78.4 billion cubic feet (Bcf) of natural gas.

Insider Buying and Selling by Quarter for Halcon Resources Corporation (NYSE:HK)

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