APA (NASDAQ:APA) Director Matthew Regis Bob Sells 23,000 Shares

APA Corporation (NASDAQ:APA) Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total transaction of $833,290.00. Following the completion of the transaction, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This represents a 77.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

APA Stock Performance

NASDAQ:APA opened at $39.11 on Friday. The firm’s fifty day simple moving average is $29.12 and its 200 day simple moving average is $25.83. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. APA Corporation has a twelve month low of $13.58 and a twelve month high of $39.52. The firm has a market capitalization of $13.82 billion, a price-to-earnings ratio of 9.80, a PEG ratio of 16.84 and a beta of 0.67.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.29. APA had a return on equity of 19.89% and a net margin of 15.55%.The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the prior year, the firm earned $0.79 EPS. The firm’s quarterly revenue was down 26.6% compared to the same quarter last year. As a group, equities research analysts expect that APA Corporation will post 4.03 earnings per share for the current fiscal year.

APA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a $0.25 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.6%. APA’s dividend payout ratio (DPR) is 25.06%.

Institutional Investors Weigh In On APA

Several hedge funds and other institutional investors have recently bought and sold shares of APA. Deseret Mutual Benefit Administrators boosted its stake in shares of APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock valued at $29,000 after buying an additional 891 shares during the last quarter. Summit Securities Group LLC increased its stake in shares of APA by 115.1% in the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after buying an additional 710 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in APA in the third quarter valued at $34,000. Camelot Portfolios LLC acquired a new stake in APA in the fourth quarter valued at $37,000. Finally, Spire Wealth Management boosted its stake in APA by 179.6% during the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after acquiring an additional 977 shares during the last quarter. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

APA News Summary

Here are the key news stories impacting APA this week:

• Positive Sentiment: Crude-driven rally lifted APA’s shares as Middle East supply concerns pushed oil prices higher, which typically increases exploration & production firms’ near-term cash‑flow expectations and valuation leverage. APA gains as crude oil jumps on renewed Middle East supply fears
• Positive Sentiment: JPMorgan raised its price target on APA to $38 (from $29) while keeping a “neutral” rating — the PT increase signals improved analyst near-term valuation (even though the firm remains cautious). MarketScreener
• Neutral Sentiment: Mizuho and a separate note reported modest upward adjustments to APA’s targets (Mizuho to $29; another report to $27). These lifts are supportive but still sit below some investor expectations and the current trading level. APA Price Target Raised to $27.00 Mizuho Boosts APA Price Target to $29.00
• Neutral Sentiment: Short-interest data in the latest print appear anomalous (reported as 0 shares / 0.0 days), suggesting a data or reporting issue rather than a material change in short positioning; treat this item cautiously.
• Negative Sentiment: Insider selling: Director Matthew Regis Bob sold 23,000 shares at an average $36.23 (≈$833k), reducing his holdings by ~77.6% — an outsized insider sale that can weigh on sentiment. SEC filing
• Negative Sentiment: QuiverQuant’s summary notes sizable historical institutional reductions (e.g., Harris Associates, UBS AM, Blackstone) from recent quarters — large past selling by major holders can cap rallies and increase volatility. QuiverQuant institutional holdings

Wall Street Analyst Weigh In

A number of research firms have weighed in on APA. Barclays upped their price target on APA from $24.00 to $28.00 and gave the stock an “underweight” rating in a report on Friday, March 13th. UBS Group boosted their target price on shares of APA from $30.00 to $34.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Royal Bank Of Canada upped their target price on shares of APA from $26.00 to $29.00 and gave the company a “sector perform” rating in a research note on Thursday, March 5th. Zacks Research raised shares of APA from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Finally, Susquehanna lifted their price target on shares of APA from $32.00 to $37.00 and gave the stock a “positive” rating in a research note on Tuesday, March 3rd. Seven equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $30.52.

APA Company Profile

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.