Today, the SVP & GC of HighPoint Resources Corporation (NYSE: HPR), Kenneth Wonstolen, bought shares of HPR for $47.4K.
Following this transaction Kenneth Wonstolen’s holding in the company was increased by 3.56% to a total of $1.37 million.
See today’s analyst top recommended stocks >>
Based on HighPoint Resources Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $110 million and GAAP net loss of $46.91 million. In comparison, last year the company earned revenue of $51.07 million and had a GAAP net loss of $18.45 million. Currently, HighPoint Resources Corporation has an average volume of 2.08M.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $8.00, reflecting a -39.3% downside. 21 different firms, including Barclays and Canaccord Genuity, currently also have a Buy rating on the stock.
The insider sentiment on HighPoint Resources Corporation has been negative according to 66 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. 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.
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.
