Today, 1,550 Shares of PDC Energy Inc. (PDCE) Stock are sold by Daniel Willson Amidon

Today, 1,550 Shares of PDC Energy Inc. (PDCE) Stock are sold by Daniel Willson Amidon

PDC Energy Inc. (NASDAQ:PDCE) VP Daniel Willson Amidon sold 1,550 shares of the business’s stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $70.02, for a total transaction of $108,531.00. Following the completion of the sale, the vice president now directly owns 64,521 shares in the company, valued at $4,517,760.42. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Daniel Willson Amidon also recently made the following trade(s): On Tuesday, November 22nd, Daniel Willson Amidon sold 5,441 shares of PDC Energy stock. The shares were sold at an average price of $68.73, for a total transaction of $373,959.93.

Shares of PDC Energy Inc. (NASDAQ:PDCE) traded down 3.73% during trading on Monday, reaching $66.13. 724,351 shares of the company’s stock traded hands. The company’s market cap is $3.69 billion. The company’s 50-day moving average is $64.34 and its 200 day moving average is $61.02. PDC Energy Inc. has a 52-week low of $42.67 and a 52-week high of $71.00.

PDC Energy (NASDAQ:PDCE) last released its quarterly earnings data on Thursday, November 3rd. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.11. PDC Energy had a negative net margin of 42.23% and a negative return on equity of 2.31%. The firm earned $164 million during the quarter, compared to the consensus estimate of $178.12 million. During the same quarter last year, the business posted ($1.89) earnings per share. PDC Energy’s revenue was down 29.0% compared to the same quarter last year. Equities analysts forecast that PDC Energy Inc. will post ($0.43) EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in PDCE. First National Bank of Omaha raised its position in PDC Energy by 0.3% in the second quarter. First National Bank of Omaha now owns 7,850 shares of the company’s stock worth $452,000 after buying an additional 25 shares during the period. LS Investment Advisors LLC raised its position in PDC Energy by 2.2% in the third quarter. LS Investment Advisors LLC now owns 1,698 shares of the company’s stock worth $114,000 after buying an additional 37 shares during the period. Capstone Asset Management Co. raised its position in PDC Energy by 0.7% in the third quarter. Capstone Asset Management Co. now owns 13,566 shares of the company’s stock worth $910,000 after buying an additional 100 shares during the period. People s United Financial Inc. raised its position in PDC Energy by 2.4% in the third quarter. People s United Financial Inc. now owns 5,615 shares of the company’s stock worth $377,000 after buying an additional 131 shares during the period. Finally, Howe & Rusling Inc. raised its position in PDC Energy by 10.4% in the second quarter. Howe & Rusling Inc. now owns 1,749 shares of the company’s stock worth $101,000 after buying an additional 165 shares during the period.

Several brokerages have issued reports on PDCE. Credit Suisse Group AG reiterated a “buy” rating on shares of PDC Energy in a research note on Wednesday, August 10th. BMO Capital Markets lowered shares of PDC Energy from an “outperform” rating to a “market perform” rating and set a $58.00 price target on the stock. in a research note on Monday, August 8th. Barclays PLC lifted their price target on shares of PDC Energy from $78.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, August 25th. Wunderlich lifted their price target on shares of PDC Energy from $76.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, August 25th. Finally, KeyCorp reiterated a “buy” rating and issued a $72.00 price target on shares of PDC Energy in a research note on Tuesday, August 23rd. Nine equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $72.79.

PDC Energy Company Profile

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