The SVP, Accounting of HighPoint Resources Corporation (HPR) is Selling Shares


Today, the SVP, Accounting of HighPoint Resources Corporation (NYSE: HPR), David Macosko, sold shares of HPR for $151.8K.

In addition to David Macosko, one other HPR executive reported Sell trades in the last month.

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Based on HighPoint Resources Corporation’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $80.81 million and GAAP net loss of $24.94 million. In comparison, last year the company earned revenue of $50.54 million and had a GAAP net loss of $13.12 million. Currently, HighPoint Resources Corporation has an average volume of 2.65M.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $8.33, reflecting a -15.8% downside. Four different firms, including Goldman Sachs and Evercore ISI, currently also have a Sell rating on the stock.

In the last 30 days, insiders have sold $151.8K worth of HPR shares and purchased $100.3K worth of HPR shares. The insider sentiment on HighPoint Resources Corporation has been positive according to 56 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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HighPoint Resources Corp. is a exploration and production company, which engages in the development of oil and natural gas assets. The company was founded in 2018 and is headquartered in Denver, CO.

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