Daniel Timothy Hudson Acquires 5,000 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy Company (NASDAQ:HNRG) Director Daniel Timothy Hudson acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, July 9th. The shares were purchased at an average price of $16.58 per share, with a total value of $82,900.00. Following the acquisition, the director owned 20,000 shares of the company’s stock, valued at approximately $331,600. This represents a 33.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Daniel Timothy Hudson also recently made the following trade(s):

• On Monday, June 29th, Daniel Timothy Hudson bought 10,000 shares of Hallador Energy stock. The stock was purchased at an average price of $16.94 per share, with a total value of $169,400.00.
• On Thursday, June 25th, Daniel Timothy Hudson bought 2,000 shares of Hallador Energy stock. The shares were purchased at an average cost of $17.70 per share, for a total transaction of $35,400.00.
• On Wednesday, June 24th, Daniel Timothy Hudson bought 3,000 shares of Hallador Energy stock. The shares were acquired at an average price of $17.04 per share, for a total transaction of $51,120.00.

Hallador Energy Stock Down 1.3%

Hallador Energy stock traded down $0.21 during trading on Friday, hitting $16.33. The stock had a trading volume of 382,693 shares, compared to its average volume of 802,332. The stock’s 50 day moving average is $17.78 and its two-hundred day moving average is $17.96. Hallador Energy Company has a 1 year low of $14.68 and a 1 year high of $24.70. The stock has a market cap of $769.63 million, a price-to-earnings ratio of 30.81 and a beta of 0.24.

Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings results on Wednesday, May 6th. The energy company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.04). The firm had revenue of $101.81 million for the quarter, compared to the consensus estimate of $102.28 million. Hallador Energy had a return on equity of 14.25% and a net margin of 4.98%. As a group, equities research analysts anticipate that Hallador Energy Company will post 0.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HNRG. Wall Street Zen raised shares of Hallador Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, June 28th. Jefferies Financial Group raised shares of Hallador Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 26th. Weiss Ratings upgraded shares of Hallador Energy from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. Finally, Northland Securities raised their price target on shares of Hallador Energy from $29.00 to $34.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $26.62.

Institutional Trading of Hallador Energy

Large investors have recently modified their holdings of the business. Value Aligned Research Advisors LLC raised its stake in Hallador Energy by 1,038.2% in the third quarter. Value Aligned Research Advisors LLC now owns 320,759 shares of the energy company’s stock valued at $6,277,000 after purchasing an additional 292,577 shares in the last quarter. Lubar & Co. Inc purchased a new position in Hallador Energy in the 4th quarter worth approximately $103,806,000. Jackson Creek Investment Advisors LLC bought a new position in shares of Hallador Energy in the 4th quarter worth $1,363,000. Hillsdale Investment Management Inc. bought a new position in shares of Hallador Energy in the 4th quarter worth $2,660,000. Finally, Apis Capital Advisors LLC raised its position in shares of Hallador Energy by 7.0% during the 4th quarter. Apis Capital Advisors LLC now owns 914,000 shares of the energy company’s stock valued at $17,403,000 after buying an additional 60,000 shares in the last quarter. Institutional investors own 61.38% of the company’s stock.

Hallador Energy Company Profile

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.