Antero Resources Co. (NYSE:AR) Insider Yvette K. Schultz Sells 25,200 Shares of Stock

Antero Resources Co. (NYSE:AR) insider Yvette K. Schultz sold 25,200 shares of the firm’s stock in a transaction on Friday, May 16th. The stock was sold at an average price of $39.86, for a total value of $1,004,472.00. Following the completion of the transaction, the insider now owns 306,819 shares in the company, valued at $12,229,805.34. The trade was a 7.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Antero Resources Price Performance

AR stock opened at $39.40 on Tuesday. The company has a market capitalization of $12.23 billion, a P/E ratio of 123.13 and a beta of 0.66. The company has a fifty day moving average price of $36.94 and a 200-day moving average price of $35.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.35 and a current ratio of 0.35. Antero Resources Co. has a 52-week low of $24.53 and a 52-week high of $42.63.

Antero Resources (NYSE:AR) last announced its earnings results on Wednesday, April 30th. The oil and natural gas company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.10. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the company earned $0.12 EPS. Antero Resources’s revenue for the quarter was up 20.5% compared to the same quarter last year. As a group, equities analysts expect that Antero Resources Co. will post 2.74 EPS for the current year.

Institutional Trading of Antero Resources

Several institutional investors have recently added to or reduced their stakes in AR. Oregon Public Employees Retirement Fund raised its holdings in Antero Resources by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 59,482 shares of the oil and natural gas company’s stock worth $2,085,000 after purchasing an additional 300 shares during the last quarter. Cetera Investment Advisers raised its stake in Antero Resources by 2.3% during the fourth quarter. Cetera Investment Advisers now owns 14,060 shares of the oil and natural gas company’s stock worth $493,000 after buying an additional 319 shares during the last quarter. World Investment Advisors lifted its holdings in Antero Resources by 5.0% in the first quarter. World Investment Advisors now owns 7,105 shares of the oil and natural gas company’s stock valued at $287,000 after buying an additional 341 shares during the period. Net Worth Advisory Group lifted its holdings in Antero Resources by 2.2% in the fourth quarter. Net Worth Advisory Group now owns 16,597 shares of the oil and natural gas company’s stock valued at $582,000 after buying an additional 354 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in Antero Resources by 2.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,355 shares of the oil and natural gas company’s stock valued at $503,000 after acquiring an additional 370 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Mizuho raised shares of Antero Resources from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $47.00 to $49.00 in a research report on Tuesday, May 13th. StockNews.com upgraded shares of Antero Resources to a “sell” rating in a research report on Thursday, February 13th. The Goldman Sachs Group lifted their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Barclays upped their target price on Antero Resources from $36.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, UBS Group lifted their price target on Antero Resources from $41.00 to $43.00 and gave the company a “neutral” rating in a research note on Wednesday, May 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Antero Resources currently has an average rating of “Moderate Buy” and an average price target of $42.72.

About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.