Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 60,300 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $1.24, for a total transaction of $74,772.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s stock 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 27th, Metalmark Capital Ii Llc sold 77,800 shares of Jones Energy stock. The stock was sold at an average price of $1.28, for a total transaction of $99,584.00.
  • On Wednesday, October 25th, Metalmark Capital Ii Llc sold 100,000 shares of Jones Energy stock. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00.
  • On Monday, October 23rd, Metalmark Capital Ii Llc sold 73,135 shares of Jones Energy stock. The stock was sold at an average price of $1.29, for a total transaction of $94,344.15.
  • On Friday, October 20th, Metalmark Capital Ii Llc sold 130,000 shares of Jones Energy stock. The stock was sold at an average price of $1.38, for a total transaction of $179,400.00.
  • On Wednesday, October 18th, Metalmark Capital Ii Llc sold 54,723 shares of Jones Energy stock. The stock was sold at an average price of $1.27, for a total transaction of $69,498.21.
  • On Monday, October 16th, Metalmark Capital Ii Llc sold 100,873 shares of Jones Energy stock. The stock was sold at an average price of $1.40, for a total transaction of $141,222.20.
  • On Friday, October 13th, Metalmark Capital Ii Llc sold 97,000 shares of Jones Energy stock. The stock was sold at an average price of $1.42, for a total transaction of $137,740.00.
  • On Thursday, October 12th, Metalmark Capital Ii Llc sold 130,161 shares of Jones Energy stock. The stock was sold at an average price of $1.44, for a total transaction of $187,431.84.
  • On Wednesday, October 11th, Metalmark Capital Ii Llc sold 85,725 shares of Jones Energy stock. The stock was sold at an average price of $1.59, for a total transaction of $136,302.75.
  • On Tuesday, October 10th, Metalmark Capital Ii Llc sold 71,772 shares of Jones Energy stock. The stock was sold at an average price of $1.60, for a total transaction of $114,835.20.

Jones Energy (NYSE:JONE) last issued its earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 EPS for the quarter, topping the consensus estimate of ($0.18) by $0.30. The company had revenue of $48.60 million for the quarter, compared to analyst estimates of $53.93 million. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. The business’s revenue was up 67.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.09) EPS.

COPYRIGHT VIOLATION WARNING: “Jones Energy, Inc. (JONE) Major Shareholder Metalmark Capital Ii Llc Sells 60,300 Shares” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another domain, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/11/01/jones-energy-inc-jone-major-shareholder-metalmark-capital-ii-llc-sells-60300-shares.html.

Several analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Jones Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 25th. J P Morgan Chase & Co downgraded shares of Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price objective on the stock. in a report on Thursday, July 20th. Finally, ValuEngine raised shares of Jones Energy from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $3.96.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Jones Energy by 2.8% during the 1st quarter. Vanguard Group Inc. now owns 2,445,426 shares of the oil and gas producer’s stock worth $6,236,000 after purchasing an additional 66,526 shares in the last quarter. Goodman Financial Corp boosted its position in shares of Jones Energy by 12.6% during the 2nd quarter. Goodman Financial Corp now owns 1,707,549 shares of the oil and gas producer’s stock worth $2,732,000 after purchasing an additional 191,622 shares in the last quarter. Penn Capital Management Co. Inc. boosted its position in shares of Jones Energy by 9.5% during the 2nd quarter. Penn Capital Management Co. Inc. now owns 1,502,361 shares of the oil and gas producer’s stock worth $2,404,000 after purchasing an additional 130,842 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Jones Energy by 55.2% during 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 in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Jones Energy by 376.9% during 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 in the last quarter. Institutional investors own 59.57% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

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