John Charles Bell Sells 70,249 Shares of Permian Resources (NYSE:PR) Stock

Permian Resources Corporation (NYSE:PR) EVP John Charles Bell sold 70,249 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $13.76, for a total transaction of $966,626.24. Following the completion of the transaction, the executive vice president owned 482,841 shares of the company’s stock, valued at $6,643,892.16. This trade represents a 12.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

John Charles Bell also recently made the following trade(s):

• On Tuesday, January 6th, John Charles Bell sold 106,399 shares of Permian Resources stock. The stock was sold at an average price of $13.63, for a total value of $1,450,218.37.

Permian Resources Trading Up 4.4%

NYSE:PR opened at $14.10 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of $13.93 and a two-hundred day simple moving average of $13.62. The company has a market cap of $11.69 billion, a PE ratio of 12.93 and a beta of 0.66. Permian Resources Corporation has a 12 month low of $10.01 and a 12 month high of $16.03.

Permian Resources (NYSE:PR) last posted its earnings results on Wednesday, November 5th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.22). Permian Resources had a return on equity of 11.03% and a net margin of 15.65%.The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the firm earned $0.53 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. Research analysts forecast that Permian Resources Corporation will post 1.45 earnings per share for the current year.

Permian Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, December 17th. Permian Resources’s dividend payout ratio (DPR) is currently 55.05%.

Institutional Investors Weigh In On Permian Resources

Hedge funds have recently added to or reduced their stakes in the business. Vident Advisory LLC raised its holdings in shares of Permian Resources by 9.9% in the 1st quarter. Vident Advisory LLC now owns 11,321 shares of the company’s stock worth $157,000 after purchasing an additional 1,019 shares during the period. Royal Bank of Canada boosted its position in shares of Permian Resources by 65.3% in the 1st quarter. Royal Bank of Canada now owns 1,484,088 shares of the company’s stock worth $20,555,000 after purchasing an additional 586,115 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Permian Resources in the first quarter worth $283,000. AQR Capital Management LLC increased its position in Permian Resources by 69.2% during the first quarter. AQR Capital Management LLC now owns 149,696 shares of the company’s stock valued at $2,060,000 after acquiring an additional 61,230 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in Permian Resources by 13.3% during the first quarter. Alliancebernstein L.P. now owns 1,198,265 shares of the company’s stock valued at $16,596,000 after purchasing an additional 140,791 shares in the last quarter. 91.84% of the stock is currently owned by institutional investors.

Permian Resources News Summary

Here are the key news stories impacting Permian Resources this week:

• Positive Sentiment: Company completed a previously announced corporate reorganization exchanging Class C for Class A shares to better align management ownership with public holders — a governance move often viewed favorably by investors. Permian Resources Completes Previously Announced Corporate Reorganization
• Positive Sentiment: Analyst coverage remains upbeat: multiple recent buy/overweight ratings and a median price target roughly in the high teens to low $20s give upside vs. current levels — supportive for sentiment if oil prices and execution hold. Quiver Quant PR analyst & market summary
• Neutral Sentiment: Social/media chatter highlights Permian basin operational efficiency and speculation about M&A or partnerships; this keeps the story active but is noisy and not a confirmed catalyst. Quiver Quant PR market dynamics
• Negative Sentiment: Multiple senior executives sold large blocks of stock in early January (CEOs William Hickey III and James Walter each executed multi-hundred-thousand-share sales across Jan. 5–6), a significant insider liquidity event that can weigh on sentiment. SEC Form 4 (Hickey)
• Negative Sentiment: EVPs and other officers — including Guy M. Oliphint, John Charles Bell and Robert Regan Shannon — sold meaningful stakes (Oliphint’s recent sales around $4.13M reported separately), and Quiver notes 12 insider sales vs. 0 purchases in the past six months. Persistent selling by multiple insiders is typically viewed negatively by investors. Benzinga: EVP $4.13M sale
• Negative Sentiment: Smaller filings and trade reports capture additional EVP sales (e.g., John Charles Bell sold ~70k shares for ~$966k) — investors should watch SEC Form 4s for timing and whether sales are part of pre-set plans. InsiderTrades: Bell sale

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on PR shares. Mizuho boosted their price objective on Permian Resources from $19.00 to $21.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Wall Street Zen raised shares of Permian Resources from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Royal Bank Of Canada raised their target price on Permian Resources from $17.00 to $18.00 and gave the company an “outperform” rating in a research note on Thursday, October 9th. UBS Group increased their price objective on Permian Resources from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Permian Resources in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Permian Resources presently has an average rating of “Moderate Buy” and a consensus price target of $19.07.

Permian Resources Company Profile

Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.

Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico.