SilverBow Resources, Inc. (NYSE:SBOW) CFO Riet Gerald Gleeson Van bought 594 shares of the company’s stock in a transaction dated Friday, December 29th. The stock was purchased at an average price of $28.83 per share, with a total value of $17,125.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Riet Gerald Gleeson Van also recently made the following trade(s):
- On Thursday, November 30th, Riet Gerald Gleeson Van acquired 754 shares of SilverBow Resources stock. The shares were bought at an average price of $22.63 per share, with a total value of $17,063.02.
- On Tuesday, October 31st, Riet Gerald Gleeson Van bought 779 shares of SilverBow Resources stock. The shares were bought at an average cost of $21.99 per share, for a total transaction of $17,130.21.
SilverBow Resources, Inc. (NYSE SBOW) traded up $0.48 during midday trading on Wednesday, reaching $30.20. The company’s stock had a trading volume of 78,600 shares, compared to its average volume of 71,700. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 1.50. SilverBow Resources, Inc. has a one year low of $19.89 and a one year high of $34.00.
Hedge funds have recently bought and sold shares of the stock. Pentwater Capital Management LP purchased a new position in shares of SilverBow Resources in the 2nd quarter valued at about $15,114,000. Wells Fargo & Company MN lifted its position in SilverBow Resources by 2.3% during the 3rd quarter. Wells Fargo & Company MN now owns 292,404 shares of the company’s stock worth $7,178,000 after acquiring an additional 6,628 shares during the period. Vanguard Group Inc. acquired a new stake in SilverBow Resources during the 2nd quarter worth approximately $4,637,000. State Street Corp acquired a new stake in SilverBow Resources during the 2nd quarter worth approximately $1,834,000. Finally, Northern Trust Corp acquired a new stake in SilverBow Resources during the 2nd quarter worth approximately $1,762,000. Hedge funds and other institutional investors own 30.06% of the company’s stock.
SBOW has been the topic of a number of research analyst reports. BidaskClub raised shares of SilverBow Resources from a “strong sell” rating to a “sell” rating in a research report on Friday, September 15th. Stephens assumed coverage on SilverBow Resources in a research report on Friday, September 29th. They issued an “overweight” rating and a $28.00 target price for the company. Zacks Investment Research raised shares of SilverBow Resources from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Northland Securities began coverage on SilverBow Resources in a research report on Thursday, September 28th. They issued an “outperform” rating and a $42.00 price target for the company. Finally, Seaport Global Securities raised SilverBow Resources from a “neutral” rating to a “buy” rating and set a $25.00 price objective on the stock in a research report on Tuesday, December 19th. Two research analysts have rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $31.67.
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SilverBow Resources Company Profile
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