Shares of SilverBow Resources Inc. (NYSE:SBOW) have earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Brokers have set a 1-year consensus target price of $25.00 for the company, according to Zacks. Zacks has also given SilverBow Resources an industry rank of 153 out of 265 based on the ratings given to related companies.

Several equities research analysts recently weighed in on the company. Johnson Rice assumed coverage on SilverBow Resources in a report on Thursday, June 8th. They issued a “buy” rating for the company. Seaport Global Securities began coverage on SilverBow Resources in a report on Tuesday, August 1st. They set a “neutral” rating and a $25.00 target price for the company.

In related news, CEO Sean C. Woolverton acquired 982 shares of the stock in a transaction on Monday, July 17th. The stock was purchased at an average price of $25.49 per share, for a total transaction of $25,031.18. Following the completion of the transaction, the chief executive officer now owns 62,698 shares of the company’s stock, valued at approximately $1,598,172.02. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Sean C. Woolverton acquired 1,106 shares of the stock in a transaction on Tuesday, August 15th. The stock was bought at an average price of $22.72 per share, with a total value of $25,128.32. Following the transaction, the chief executive officer now directly owns 63,804 shares of the company’s stock, valued at approximately $1,449,626.88. The disclosure for this purchase can be found here. Insiders purchased a total of 5,048 shares of company stock valued at $126,626 in the last 90 days.

Several institutional investors and hedge funds have recently bought and sold shares of SBOW. Pentwater Capital Management LP purchased a new position in shares of SilverBow Resources during the second quarter valued at approximately $15,114,000. Matlinpatterson Global Advisers LLC bought a new stake in SilverBow Resources in the second quarter worth $9,405,000. Wells Fargo & Company MN bought a new stake in SilverBow Resources in the second quarter worth $7,476,000. Vanguard Group Inc. bought a new stake in SilverBow Resources in the second quarter worth $4,637,000. Finally, State Street Corp bought a new stake in SilverBow Resources in the second quarter worth $1,834,000. 31.00% of the stock is currently owned by hedge funds and other institutional investors.

SilverBow Resources (NYSE:SBOW) opened at 22.30 on Friday. The firm has a market capitalization of $257.03 million and a P/E ratio of 0.55. SilverBow Resources has a one year low of $19.89 and a one year high of $35.70. The company’s 50-day moving average is $22.68 and its 200-day moving average is $25.96.

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