Sanchez Energy Corporation (NYSE:SN) traded down 1.8% during mid-day trading on Tuesday . The company traded as low as $4.43 and last traded at $4.88. 1,878,900 shares were traded during trading, a decline of 48% from the average session volume of 3,643,056 shares. The stock had previously closed at $4.97.

A number of research analysts recently weighed in on the stock. BMO Capital Markets set a $5.00 target price on shares of Sanchez Energy Corporation and gave the company a “hold” rating in a report on Tuesday. SunTrust Banks, Inc. reissued a “hold” rating and issued a $5.00 target price on shares of Sanchez Energy Corporation in a report on Friday, October 20th. Piper Jaffray Companies restated a “hold” rating and issued a $6.00 price target on shares of Sanchez Energy Corporation in a research report on Sunday, October 22nd. Zacks Investment Research downgraded Sanchez Energy Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, October 21st. Finally, BidaskClub downgraded Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $10.44.

The company has a debt-to-equity ratio of -3.72, a quick ratio of 0.88 and a current ratio of 0.88.

In other Sanchez Energy Corporation news, VP Howard J. Sr Thill, Sr. sold 16,499 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $4.27, for a total value of $70,450.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Antonio R. Sanchez III bought 100,000 shares of Sanchez Energy Corporation stock in a transaction dated Wednesday, September 13th. The shares were acquired at an average cost of $4.45 per share, with a total value of $445,000.00. Following the completion of the purchase, the chief executive officer now owns 1,494,783 shares in the company, valued at $6,651,784.35. The disclosure for this purchase can be found here. Insiders acquired 742,000 shares of company stock valued at $3,379,220 over the last three months. 14.70% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. Legal & General Group Plc increased its position in shares of Sanchez Energy Corporation by 27.4% during the first quarter. Legal & General Group Plc now owns 17,348 shares of the energy producer’s stock worth $165,000 after purchasing an additional 3,733 shares in the last quarter. Cubist Systematic Strategies LLC increased its position in shares of Sanchez Energy Corporation by 180.1% during the third quarter. Cubist Systematic Strategies LLC now owns 21,841 shares of the energy producer’s stock worth $105,000 after purchasing an additional 14,044 shares in the last quarter. Capital Fund Management S.A. purchased a new stake in shares of Sanchez Energy Corporation during the second quarter worth approximately $174,000. Cambridge Investment Research Advisors Inc. increased its position in shares of Sanchez Energy Corporation by 6.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock worth $182,000 after purchasing an additional 1,650 shares in the last quarter. Finally, Stonebridge Capital Management Inc. purchased a new stake in shares of Sanchez Energy Corporation during the second quarter worth approximately $186,000. Hedge funds and other institutional investors own 67.54% of the company’s stock.

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About Sanchez Energy Corporation

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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