The stock of Sanchez Energy Corp (NYSE:SN) is a huge mover today! About 1.08M shares traded hands. Sanchez Energy Corp (NYSE:SN) has declined 0.30% since April 13, 2016 and is downtrending. It has underperformed by 4.23% the S&P500.
The move comes after 6 months positive chart setup for the $486.17 million company. It was reported on Nov, 15 by Barchart.com. We have $13.52 PT which if reached, will make NYSE:SN worth $442.41 million more.
Sanchez Energy Corp (NYSE:SN) Ratings Coverage
Out of 12 analysts covering Sanchez Energy Corp (NYSE:SN), 9 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 75% are positive. Sanchez Energy Corp has been the topic of 29 analyst reports since July 21, 2015 according to StockzIntelligence Inc. FBR Capital maintained the shares of SN in a report on Tuesday, November 8 with “Outperform” rating. The firm earned “Neutral” rating on Thursday, October 13 by Credit Suisse. The rating was downgraded by Iberia Capital Partners on Monday, August 17 to “Sector Perform”. The rating was upgraded by CLSA on Wednesday, August 12 to “Underperform”. KLR Group downgraded the shares of SN in a report on Thursday, October 15 to “Accumulate” rating. Northland Capital maintained it with “Outperform” rating and $12 target price in Tuesday, August 11 report. The firm has “Buy” rating by KLR Group given on Monday, July 18. On Friday, March 18 the stock rating was reinitiated by RBC Capital Markets with “Outperform”. The stock of Sanchez Energy Corp (NYSE:SN) earned “Accumulate” rating by KLR Group on Friday, August 19. The firm has “Buy” rating given on Monday, November 23 by KLR Group.
According to Zacks Investment Research, “Sanchez Energy Corporation is an independent oil and gas exploration and development company focused on the exploration, acquisition and development of unconventional oil and natural gas resources, primarily in the Eagle Ford Shale in South Texas. Sanchez Energy Corporation is headquartered in Houston, Texas.”
Insitutional Activity: The institutional sentiment increased to 1.51 in Q2 2016. Its up 0.69, from 0.82 in 2016Q1. The ratio is positive, as 15 funds sold all Sanchez Energy Corp shares owned while 30 reduced positions. 24 funds bought stakes while 44 increased positions. They now own 37.89 million shares or 14.57% more from 33.08 million shares in 2016Q1.
Renaissance Technology Lc has 0.02% invested in the company for 1.33M shares. Spark Inv Limited Liability Corporation holds 0.52% or 781,200 shares in its portfolio. Quantbot Technology L P has 0.02% invested in the company for 27,097 shares. Geode Llc holds 402,992 shares or 0% of its portfolio. Ladenburg Thalmann Incorporated holds 1,646 shares or 0% of its portfolio. Wellington Management Group Limited Liability Partnership has invested 0% of its portfolio in Sanchez Energy Corp (NYSE:SN). State Street last reported 3.10 million shares in the company. Price T Rowe Associates Incorporated Md holds 0% or 27,974 shares in its portfolio. Gru has 0% invested in the company for 32,176 shares. Clearbridge Ltd Liability has 677,753 shares for 0.1% of their US portfolio. D E Shaw And Commerce Inc holds 199,115 shares or 0% of its portfolio. Rhumbline Advisers accumulated 71,160 shares or 0% of the stock. Moreover, Evercore Wealth Mngmt Limited Liability Company has 0% invested in Sanchez Energy Corp (NYSE:SN) for 4,066 shares. Panagora Asset Mgmt accumulated 0.01% or 402,025 shares. Numeric Limited Liability holds 0.02% or 346,900 shares in its portfolio.
Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 5 insider sales for $217,971 net activity. Hill Garrick A. sold $6,610 worth of Sanchez Energy Corp (NYSE:SN) on Tuesday, July 5. Carney Thomas Brian also sold $51,490 worth of Sanchez Energy Corp (NYSE:SN) on Wednesday, June 1. Jackson Alan G. sold 7,936 shares worth $63,885. 3,968 shares with value of $32,101 were sold by Maher Sean M on Wednesday, June 1. On Wednesday, June 1 the insider Garcia Gilbert A sold $63,885.
Another recent and important Sanchez Energy Corp (NYSE:SN) news was published by Nasdaq.com which published an article titled: “Earnings Reaction History: Sanchez Energy Corp, 100.0% Follow-Through …” on November 07, 2016.
SN Company Profile
Sanchez Energy Corporation, incorporated on August 22, 2011, is an independent exploration and production company. The Firm is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Firm focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. The Firm has accumulated approximately 200,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale and approximately 62,000 net leasehold acres of the TMS.
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