An issue of Sanchez Energy Corporation (NYSE:SN) debt fell 1% as a percentage of its face value during trading on Tuesday. The high-yield debt issue has a 6.125% coupon and will mature on January 15, 2023. The debt is now trading at $76.00 and was trading at $77.75 last week. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its share price.

Several analysts recently weighed in on the stock. Royal Bank Of Canada set a $13.00 target price on shares of Sanchez Energy Corporation and gave the company a “buy” rating in a report on Saturday, June 24th. Zacks Investment Research upgraded shares of Sanchez Energy Corporation from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th. BidaskClub cut shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. BMO Capital Markets restated a “hold” rating and set a $5.00 target price on shares of Sanchez Energy Corporation in a report on Tuesday, June 27th. Finally, Seaport Global Securities cut shares of Sanchez Energy Corporation from a “buy” rating to a “sell” rating and dropped their target price for the company from $15.00 to $5.00 in a report on Wednesday, June 21st. Four analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.63.

Shares of Sanchez Energy Corporation (NYSE SN) opened at 4.04 on Thursday. Sanchez Energy Corporation has a 1-year low of $4.01 and a 1-year high of $14.39. The firm’s 50 day moving average price is $5.42 and its 200-day moving average price is $7.81. The company’s market capitalization is $309.64 million.

Sanchez Energy Corporation (NYSE:SN) last announced its earnings results on Wednesday, August 9th. The energy producer reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.18. The company had revenue of $175.70 million for the quarter, compared to analyst estimates of $178.97 million. The business’s revenue for the quarter was up 58.3% compared to the same quarter last year. During the same period last year, the firm earned ($3.20) earnings per share. Analysts expect that Sanchez Energy Corporation will post ($0.81) EPS for the current year.

In related news, Director Thomas Brian Carney sold 10,204 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $6.19, for a total transaction of $63,162.76. Following the completion of the transaction, the director now directly owns 68,423 shares in the company, valued at approximately $423,538.37. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Kirsten A. Hink sold 38,634 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $5.02, for a total transaction of $193,942.68. Following the transaction, the vice president now owns 178,390 shares of the company’s stock, valued at $895,517.80. The disclosure for this sale can be found here. Insiders sold a total of 84,926 shares of company stock valued at $438,989 over the last 90 days. Corporate insiders own 14.70% of the company’s stock.

Large investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. raised its stake in Sanchez Energy Corporation by 0.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 50,374 shares of the energy producer’s stock worth $362,000 after buying an additional 231 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in Sanchez Energy Corporation by 5.3% in the first quarter. Canada Pension Plan Investment Board now owns 18,000 shares of the energy producer’s stock worth $172,000 after buying an additional 900 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Sanchez Energy Corporation by 6.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock worth $182,000 after buying an additional 1,650 shares during the last quarter. Oxford Asset Management raised its stake in Sanchez Energy Corporation by 1.9% in the first quarter. Oxford Asset Management now owns 122,033 shares of the energy producer’s stock worth $1,164,000 after buying an additional 2,273 shares during the last quarter. Finally, Teachers Advisors LLC raised its stake in Sanchez Energy Corporation by 2.9% in the fourth quarter. Teachers Advisors LLC now owns 93,395 shares of the energy producer’s stock worth $843,000 after buying an additional 2,646 shares during the last quarter. 70.44% of the stock is currently owned by hedge funds and other institutional investors.

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Sanchez Energy Corporation Company Profile

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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