Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 124,212 shares of Jones Energy stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of $1.59, for a total transaction of $197,497.08. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Metalmark Capital Ii Llc also recently made the following trade(s):

  • On Monday, October 9th, Metalmark Capital Ii Llc sold 38,801 shares of Jones Energy stock. The shares were sold at an average price of $1.61, for a total transaction of $62,469.61.
  • On Thursday, October 5th, Metalmark Capital Ii Llc sold 157,808 shares of Jones Energy stock. The shares were sold at an average price of $1.66, for a total transaction of $261,961.28.
  • On Wednesday, October 4th, Metalmark Capital Ii Llc sold 143,081 shares of Jones Energy stock. The shares were sold at an average price of $1.62, for a total transaction of $231,791.22.

Jones Energy, Inc. (JONE) remained flat at $1.57 during mid-day trading on Wednesday. 608,884 shares of the company traded hands. Jones Energy, Inc. has a 12 month low of $0.85 and a 12 month high of $4.91. The firm’s market cap is $114.22 million. The firm has a 50 day moving average of $1.37 and a 200 day moving average of $1.71.

Jones Energy (NYSE:JONE) last announced its earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.30. The firm had revenue of $48.60 million during the quarter, compared to analysts’ expectations of $53.93 million. Jones Energy had a positive return on equity of 0.09% and a negative net margin of 79.19%. The company’s revenue was up 67.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.09) earnings per share. Equities research analysts expect that Jones Energy, Inc. will post ($0.21) earnings per share for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in JONE. Wellington Management Group LLP lifted its holdings in shares of Jones Energy by 376.9% during the first quarter. Wellington Management Group LLP now owns 1,448,333 shares of the oil and gas producer’s stock worth $3,693,000 after buying an additional 1,144,613 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Jones Energy by 55.2% during the first quarter. Ameriprise Financial Inc. now owns 1,459,533 shares of the oil and gas producer’s stock worth $3,722,000 after buying an additional 518,836 shares during the last quarter. UBS Oconnor LLC lifted its holdings in shares of Jones Energy by 48.1% during the first quarter. UBS Oconnor LLC now owns 1,591,271 shares of the oil and gas producer’s stock worth $4,058,000 after buying an additional 517,028 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in shares of Jones Energy during the first quarter worth approximately $945,000. Finally, MARSHALL WACE ASIA Ltd acquired a new position in shares of Jones Energy during the first quarter worth approximately $945,000. 59.34% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on JONE shares. Seaport Global Securities lowered shares of Jones Energy from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $5.00 to $1.50 in a research note on Wednesday, June 21st. Zacks Investment Research upgraded shares of Jones Energy from a “hold” rating to a “buy” rating and set a $1.50 price objective on the stock in a research note on Tuesday, July 18th. J P Morgan Chase & Co lowered shares of Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price objective on the stock. in a research note on Thursday, July 20th. Finally, ValuEngine upgraded shares of Jones Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $3.96.

Jones Energy Company Profile

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

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