Sanchez Energy Corporation (NYSE:SN) CEO Antonio R. Sanchez III acquired 100,000 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was acquired at an average cost of $4.45 per share, with a total value of $445,000.00. Following the purchase, the chief executive officer now owns 1,494,783 shares of the company’s stock, valued at $6,651,784.35. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Sanchez Energy Corporation (SN) traded up 0.89% during midday trading on Thursday, hitting $4.55. The stock had a trading volume of 3,632,321 shares. The firm has a 50-day moving average of $4.67 and a 200-day moving average of $7.09. The company’s market cap is $348.73 million. Sanchez Energy Corporation has a 12-month low of $3.96 and a 12-month high of $14.39.

Sanchez Energy Corporation (NYSE:SN) last issued its earnings results on Wednesday, August 9th. The energy producer reported ($0.30) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.18). The business had revenue of $175.70 million for the quarter, compared to the consensus estimate of $178.97 million. During the same period in the previous year, the business posted ($3.20) earnings per share. The company’s quarterly revenue was up 58.3% compared to the same quarter last year. Equities research analysts forecast that Sanchez Energy Corporation will post ($0.81) EPS for the current year.

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Institutional investors have recently modified their holdings of the business. Oxford Asset Management increased its holdings in Sanchez Energy Corporation by 1.9% in the first quarter. Oxford Asset Management now owns 122,033 shares of the energy producer’s stock valued at $1,164,000 after buying an additional 2,273 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Sanchez Energy Corporation by 644.0% in the first quarter. Goldman Sachs Group Inc. now owns 668,025 shares of the energy producer’s stock valued at $6,373,000 after buying an additional 578,236 shares in the last quarter. Driehaus Capital Management LLC purchased a new position in Sanchez Energy Corporation in the first quarter valued at about $166,000. SG Americas Securities LLC increased its holdings in Sanchez Energy Corporation by 485.9% in the second quarter. SG Americas Securities LLC now owns 180,093 shares of the energy producer’s stock valued at $1,293,000 after buying an additional 149,355 shares in the last quarter. Finally, Sanders Morris Harris LLC increased its holdings in Sanchez Energy Corporation by 6.1% in the second quarter. Sanders Morris Harris LLC now owns 346,000 shares of the energy producer’s stock valued at $2,484,000 after buying an additional 20,000 shares in the last quarter. 70.44% of the stock is owned by institutional investors.

SN has been the subject of a number of research reports. Royal Bank Of Canada set a $13.00 price target on Sanchez Energy Corporation and gave the company a “buy” rating in a research note on Saturday, June 24th. Zacks Investment Research raised Sanchez Energy Corporation from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 13th. BidaskClub lowered Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. BMO Capital Markets reissued a “hold” rating and set a $5.00 price target on shares of Sanchez Energy Corporation in a research note on Tuesday, June 27th. Finally, Seaport Global Securities lowered Sanchez Energy Corporation from a “buy” rating to a “sell” rating and dropped their price target for the company from $15.00 to $5.00 in a research note on Wednesday, June 21st. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $12.63.

Sanchez Energy Corporation 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.

Insider Buying and Selling by Quarter for Sanchez Energy Corporation (NYSE:SN)

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