Insider Traded:: Southwestern Energy (NYSE:SWN) SVP Sold 10,850 Shares of Shares

Insider Traded:: Southwestern Energy (NYSE:SWN) SVP Sold 10,850 Shares of Shares

Southwestern Energy (NYSE:SWN) SVP Jennifer N. Mccauley sold 10,850 shares of the business’s stock in a transaction on Tuesday, November 6th. The shares were sold at an average price of $5.88, for a total transaction of $63,798.00. Following the sale, the senior vice president now directly owns 30,799 shares in the company, valued at $181,098.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of SWN traded down $0.10 during mid-day trading on Friday, hitting $4.82. 18,937,122 shares of the company were exchanged, compared to its average volume of 19,868,856. Southwestern Energy has a 1-year low of $3.42 and a 1-year high of $6.63. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.62. The company has a market cap of $2.80 billion, a PE ratio of 10.95 and a beta of 0.65.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, October 25th. The energy company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.04. Southwestern Energy had a net margin of 14.22% and a return on equity of 22.07%. The firm had revenue of $951.00 million during the quarter, compared to the consensus estimate of $889.13 million. As a group, sell-side analysts expect that Southwestern Energy will post 0.95 earnings per share for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in shares of Southwestern Energy by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 117,904 shares of the energy company’s stock worth $602,000 after purchasing an additional 9,168 shares during the last quarter. B. Riley Financial Inc. grew its stake in Southwestern Energy by 14.6% during the 2nd quarter. B. Riley Financial Inc. now owns 78,682 shares of the energy company’s stock valued at $417,000 after acquiring an additional 10,053 shares in the last quarter. SG Americas Securities LLC grew its stake in Southwestern Energy by 9.7% during the 2nd quarter. SG Americas Securities LLC now owns 123,650 shares of the energy company’s stock valued at $655,000 after acquiring an additional 10,929 shares in the last quarter. D.A. Davidson & CO. grew its stake in Southwestern Energy by 71.2% during the 3rd quarter. D.A. Davidson & CO. now owns 27,691 shares of the energy company’s stock valued at $142,000 after acquiring an additional 11,513 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in Southwestern Energy by 17.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 83,167 shares of the energy company’s stock valued at $440,000 after acquiring an additional 12,125 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

A number of research firms recently issued reports on SWN. Citigroup boosted their target price on shares of Southwestern Energy from $5.00 to $6.00 and gave the company a “neutral” rating in a research report on Monday, August 13th. Macquarie set a $7.00 target price on shares of Southwestern Energy and gave the company a “hold” rating in a research report on Wednesday, September 26th. BMO Capital Markets set a $7.00 target price on shares of Southwestern Energy and gave the company a “buy” rating in a research report on Sunday, August 12th. Morgan Stanley set a $4.00 target price on shares of Southwestern Energy and gave the company a “sell” rating in a research report on Friday, October 12th. Finally, Zacks Investment Research downgraded shares of Southwestern Energy from a “buy” rating to a “hold” rating in a research report on Thursday, October 25th. Seven investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the company’s stock. Southwestern Energy currently has a consensus rating of “Hold” and an average price target of $5.78.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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