The Sr. Vice Pres, Chief Acct Off of Apache (APA) is Selling Shares

Today, the Sr. Vice Pres, Chief Acct Off of Apache (NYSE: APA), Rebecca Hoyt, sold shares of APA for $290.2K.

In addition to Rebecca Hoyt, 6 other APA executives reported Sell trades in the last month.

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Based on Apache’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.94 billion and quarterly net profit of $195 million. In comparison, last year the company earned revenue of $1.35 billion and had a net profit of $572 million. APA’s market cap is $18.14B and the company has a P/E ratio of 21.17. Currently, Apache has an average volume of 1.02M.

Based on 11 analyst ratings, the analyst consensus is Hold with an average price target of $50.00, reflecting a 6.3% upside.

In the last 30 days, insiders have sold $991.8K worth of APA shares and purchased $701.1K worth of APA shares. The insider sentiment on Apache has been neutral according to 62 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Apache Corp. operates as an energy company, which engages in the exploration, development and production of natural gas, crude oil, and natural gas liquids. It operates through the following business segments: the United States, Canada, Egypt, North Sea, and Other International.