Insider Buying: Eclipse Resources Corporation (ECR) Director Purchases $12,320.00 in Stock

Eclipse Resources Corporation (NYSE:ECR) Director Philippe Cloutier acquired 44,000 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were acquired at an average price of $0.28 per share, for a total transaction of $12,320.00.

Philippe Cloutier also recently made the following trade(s):

  • On Thursday, August 31st, Philippe Cloutier acquired 6,000 shares of Eclipse Resources Corporation stock. The shares were acquired at an average price of $0.28 per share, for a total transaction of $1,680.00.

Eclipse Resources Corporation (NYSE:ECR) remained flat at $2.33 during midday trading on Monday. 517,038 shares of the company were exchanged. The stock’s market cap is $612.18 million. Eclipse Resources Corporation has a 52-week low of $1.60 and a 52-week high of $3.81. The stock’s 50-day moving average is $2.48 and its 200 day moving average is $2.41.

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Several research firms have recently weighed in on ECR. BMO Capital Markets reiterated a “hold” rating and set a $3.00 price objective on shares of Eclipse Resources Corporation in a report on Monday, May 15th. Barclays PLC reiterated a “neutral” rating on shares of Eclipse Resources Corporation in a report on Friday, July 7th. Royal Bank Of Canada set a $4.00 price objective on Eclipse Resources Corporation and gave the company a “buy” rating in a report on Saturday, June 3rd. KLR Group set a $4.00 price objective on Eclipse Resources Corporation and gave the company a “buy” rating in a report on Wednesday, June 7th. Finally, Seaport Global Securities cut Eclipse Resources Corporation from a “buy” rating to a “neutral” rating and cut their price objective for the company from $3.25 to $2.75 in a report on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $3.56.

A number of large investors have recently made changes to their positions in ECR. Dimensional Fund Advisors LP boosted its holdings in Eclipse Resources Corporation by 51.2% in the second quarter. Dimensional Fund Advisors LP now owns 3,037,907 shares of the energy producer’s stock worth $8,690,000 after acquiring an additional 1,028,904 shares in the last quarter. Rubric Capital Management LP boosted its holdings in Eclipse Resources Corporation by 47.6% in the second quarter. Rubric Capital Management LP now owns 2,509,400 shares of the energy producer’s stock worth $7,177,000 after acquiring an additional 809,400 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in Eclipse Resources Corporation by 185.2% in the second quarter. TIAA CREF Investment Management LLC now owns 1,124,592 shares of the energy producer’s stock worth $3,216,000 after acquiring an additional 730,285 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Eclipse Resources Corporation by 107.8% in the first quarter. AQR Capital Management LLC now owns 1,015,502 shares of the energy producer’s stock worth $2,580,000 after acquiring an additional 526,735 shares in the last quarter. Finally, Boston Partners boosted its holdings in Eclipse Resources Corporation by 18.9% in the first quarter. Boston Partners now owns 2,665,040 shares of the energy producer’s stock worth $6,769,000 after acquiring an additional 423,101 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

About Eclipse Resources Corporation

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Insider Buying and Selling by Quarter for Eclipse Resources Corporation (NYSE:ECR)

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