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

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 stock was sold at an average price of $68.73, for a total value of $373,959.93.

PDC Energy Inc. (NASDAQ:PDCE) traded down 3.73% during midday trading on Monday, hitting $66.13. 724,351 shares of the company traded hands. The stock’s 50-day moving average price is $64.34 and its 200 day moving average price is $61.02. The company’s market capitalization is $3.69 billion. PDC Energy Inc. has a 12-month low of $42.67 and a 12-month high of $71.00.

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

Insider Buying and Selling by Quarter for PDC Energy (NASDAQ:PDCE)

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PDCE has been the subject of several analyst reports. KeyCorp boosted their price objective on PDC Energy to $76.00 in a research report on Wednesday, August 24th. Wunderlich boosted their price objective on PDC Energy from $76.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, August 25th. Credit Suisse Group AG restated a “buy” rating and issued a $83.00 target price on shares of PDC Energy in a research report on Thursday, August 25th. Bank of America Corp. restated a “buy” rating and issued a $76.00 target price on shares of PDC Energy in a research report on Wednesday, August 24th. Finally, Williams Capital started coverage on PDC Energy in a research report on Monday, August 29th. They issued a “buy” rating and a $84.00 target price for the company. Nine analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $72.79.

Large investors have recently bought and sold shares of the stock. Moody Aldrich Partners LLC boosted its stake in PDC Energy by 149.9% in the second quarter. Moody Aldrich Partners LLC now owns 20,870 shares of the company’s stock valued at $1,202,000 after buying an additional 12,520 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in PDC Energy by 2.0% in the second quarter. Louisiana State Employees Retirement System now owns 20,500 shares of the company’s stock valued at $1,181,000 after buying an additional 400 shares in the last quarter. New York State Teachers Retirement System boosted its stake in PDC Energy by 8.2% in the second quarter. New York State Teachers Retirement System now owns 100,655 shares of the company’s stock valued at $5,799,000 after buying an additional 7,600 shares in the last quarter. First National Bank of Omaha boosted its stake 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 valued at $452,000 after buying an additional 25 shares in the last quarter. Finally, Independent Portfolio Consultants Inc. boosted its stake in PDC Energy by 57.1% in the second quarter. Independent Portfolio Consultants Inc. now owns 7,665 shares of the company’s stock valued at $442,000 after buying an additional 2,785 shares in the last quarter.

PDC Energy Company Profile

PDC Energy, Inc is an independent exploration and production company. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing.

5 Day Chart for NASDAQ:PDCE

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