Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 38,801 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $1.61, for a total value of $62,469.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Friday, October 6th, Metalmark Capital Ii Llc sold 124,212 shares of Jones Energy stock. The shares were sold at an average price of $1.59, for a total value of $197,497.08.
  • 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 value 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 value of $231,791.22.

Shares of Jones Energy, Inc. (NYSE:JONE) remained flat at $1.57 during trading on Wednesday. The company had a trading volume of 609,863 shares. The firm’s market capitalization is $114.22 million. Jones Energy, Inc. has a 52-week low of $0.85 and a 52-week high of $4.91. 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 posted its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.30. The company had revenue of $48.60 million for the quarter, compared to analysts’ expectations of $53.93 million. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. Jones Energy’s revenue was up 67.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. On average, equities research analysts forecast that Jones Energy, Inc. will post ($0.21) EPS for the current year.

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Several analysts have issued reports on the company. Zacks Investment Research upgraded Jones Energy from a “hold” rating to a “strong-buy” rating and set a $1.75 price objective on the stock in a research note on Wednesday. J P Morgan Chase & Co lowered Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 target price on the stock. in a research note on Thursday, July 20th. ValuEngine lowered Jones Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Finally, Seaport Global Securities lowered Jones Energy from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $5.00 to $1.50 in a research note on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.96.

Several large investors have recently bought and sold shares of JONE. Wellington Management Group LLP raised its holdings in shares of Jones Energy by 376.9% in the 1st quarter. Wellington Management Group LLP now owns 1,448,333 shares of the oil and gas producer’s stock worth $3,693,000 after purchasing an additional 1,144,613 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Jones Energy by 55.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,459,533 shares of the oil and gas producer’s stock worth $3,722,000 after purchasing an additional 518,836 shares during the period. UBS Oconnor LLC raised its holdings in shares of Jones Energy by 48.1% in the 1st quarter. UBS Oconnor LLC now owns 1,591,271 shares of the oil and gas producer’s stock worth $4,058,000 after purchasing an additional 517,028 shares during the period. Marshall Wace North America L.P. bought a new stake in shares of Jones Energy in the 1st quarter worth approximately $945,000. Finally, MARSHALL WACE ASIA Ltd bought a new stake in shares of Jones Energy in the 1st quarter worth approximately $945,000. 59.34% of the stock is currently owned by institutional investors.

About Jones Energy

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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