Today, the EVP & GC of SM Energy (SM), David W. Copeland, bought shares of SM for $127.1K.
This recent transaction increases David W. Copeland’s holding in the company by 10.37% to a total of $1.36 million. In addition to David W. Copeland, one other SM executive reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
SM’s market cap is $1.43B and the company has a P/E ratio of 141.76. Currently, SM Energy has an average volume of 1.46M.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $22.86, reflecting a 82.3% upside. Six different firms, including Capital One Financial and Cowen & Co., currently also have a Buy rating on the stock.
The insider sentiment on SM Energy has been positive according to 28 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
David W. Copeland’s trades have generated a -25.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SM Energy Co. is an independent energy company, which is engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are located in South Texas and Gulf Coast, Rocky Mountain, and Permian regions. The company was founded in 1908 and is headquartered in Denver, CO.
