SeaCrest Wealth Management LLC Acquires New Holdings in Antero Resources Co. (NYSE:AR)

SeaCrest Wealth Management LLC acquired a new stake in shares of Antero Resources Co. (NYSE:ARGet Rating) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,200 shares of the oil and natural gas company’s stock, valued at approximately $37,000.

Other institutional investors also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. purchased a new stake in Antero Resources in the second quarter valued at about $31,000. Riggs Asset Managment Co. Inc. raised its stake in Antero Resources by 63.5% in the second quarter. Riggs Asset Managment Co. Inc. now owns 1,040 shares of the oil and natural gas company’s stock valued at $32,000 after buying an additional 404 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in Antero Resources by 2,307.7% in the first quarter. Steward Partners Investment Advisory LLC now owns 1,565 shares of the oil and natural gas company’s stock valued at $48,000 after buying an additional 1,500 shares during the last quarter. Signaturefd LLC purchased a new stake in Antero Resources in the first quarter valued at about $49,000. Finally, Quent Capital LLC raised its stake in Antero Resources by 55.5% in the first quarter. Quent Capital LLC now owns 1,774 shares of the oil and natural gas company’s stock valued at $54,000 after buying an additional 633 shares during the last quarter. Institutional investors own 80.15% of the company’s stock.

Antero Resources Stock Up 0.5 %

Shares of AR opened at $34.35 on Tuesday. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.18. Antero Resources Co. has a 12 month low of $15.38 and a 12 month high of $48.80. The stock’s 50 day moving average is $34.99 and its two-hundred day moving average is $36.81. The firm has a market cap of $10.31 billion, a P/E ratio of 5.58 and a beta of 3.55.

Wall Street Analyst Weigh In

AR has been the subject of a number of research analyst reports. Mizuho decreased their price target on Antero Resources from $49.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, October 24th. Scotiabank assumed coverage on Antero Resources in a research note on Wednesday, August 3rd. They issued a “sector perform” rating and a $47.00 price objective for the company. Morgan Stanley reduced their price objective on Antero Resources from $37.00 to $34.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 19th. TD Securities reduced their price objective on Antero Resources from $56.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, October 27th. Finally, Truist Financial dropped their target price on Antero Resources from $64.00 to $61.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $47.09.

Insider Buying and Selling at Antero Resources

In other news, insider Sheri Pearce sold 2,750 shares of Antero Resources stock in a transaction that occurred on Thursday, November 3rd. The stock was sold at an average price of $35.48, for a total value of $97,570.00. Following the sale, the insider now directly owns 91,266 shares of the company’s stock, valued at $3,238,117.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.72% of the stock is owned by corporate insiders.

About Antero Resources

(Get Rating)

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale.

See Also

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Institutional Ownership by Quarter for Antero Resources (NYSE:AR)

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