Today, Clayton Williams Energy Inc. (CWEI) Director Davis L. Ford Sold 1,000 Shares

Today, Clayton Williams Energy Inc. (CWEI) Director Davis L. Ford Sold 1,000 Shares

Clayton Williams Energy Inc. (NYSE:CWEI) Director Davis L. Ford sold 1,000 shares of the firm’s stock in a transaction on Wednesday, October 12th. The shares were sold at an average price of $89.72, for a total transaction of $89,720.00. Following the completion of the transaction, the director now directly owns 1,463 shares of the company’s stock, valued at $131,260.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Clayton Williams Energy Inc. (NYSE:CWEI) opened at 88.31 on Monday. Clayton Williams Energy Inc. has a 52-week low of $6.35 and a 52-week high of $91.96. The company’s market capitalization is $1.07 billion. The stock’s 50 day moving average price is $77.92 and its 200 day moving average price is $40.92.

Clayton Williams Energy (NYSE:CWEI) last posted its earnings results on Wednesday, August 3rd. The company reported ($2.82) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.40) by $0.42. Clayton Williams Energy had a negative return on equity of 36.30% and a negative net margin of 98.91%. The firm had revenue of $42.20 million for the quarter, compared to analyst estimates of $35.62 million. During the same period in the previous year, the company posted ($1.05) EPS. Clayton Williams Energy’s revenue was down 42.3% on a year-over-year basis. On average, equities research analysts forecast that Clayton Williams Energy Inc. will post ($9.55) earnings per share for the current fiscal year.

CWEI has been the subject of a number of analyst reports. Roth Capital upgraded Clayton Williams Energy from a “sell” rating to a “neutral” rating and set a $49.00 price target for the company in a research report on Tuesday, August 9th. Raymond James Financial Inc. upgraded Clayton Williams Energy from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 27th. Northland Securities upgraded Clayton Williams Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 4th. Zacks Investment Research downgraded Clayton Williams Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 5th. Finally, Wunderlich upgraded Clayton Williams Energy from a “sell” rating to a “hold” rating and raised their price target for the stock from $15.00 to $35.00 in a research report on Thursday, August 4th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Clayton Williams Energy has a consensus rating of “Hold” and an average price target of $24.67.

Institutional investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. raised its stake in Clayton Williams Energy by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 20,224 shares of the company’s stock worth $556,000 after buying an additional 294 shares in the last quarter. State Street Corp raised its stake in Clayton Williams Energy by 1.4% in the first quarter. State Street Corp now owns 104,391 shares of the company’s stock worth $931,000 after buying an additional 1,413 shares in the last quarter. Teachers Advisors Inc. raised its stake in Clayton Williams Energy by 18.5% in the second quarter. Teachers Advisors Inc. now owns 9,734 shares of the company’s stock worth $267,000 after buying an additional 1,519 shares in the last quarter. Creative Planning bought a new stake in Clayton Williams Energy during the third quarter worth about $171,000. Finally, BlackRock Investment Management LLC raised its stake in Clayton Williams Energy by 15.3% in the second quarter. BlackRock Investment Management LLC now owns 25,661 shares of the company’s stock worth $705,000 after buying an additional 3,400 shares in the last quarter. 57.44% of the stock is currently owned by hedge funds and other institutional investors.

Clayton Williams Energy Company Profile

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