SilverBow Resources Inc. (NYSE:SBOW) CEO Sean C. Woolverton bought 1,106 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was bought at an average price of $22.72 per share, with a total value of $25,128.32. Following the completion of the acquisition, the chief executive officer now owns 63,804 shares of the company’s stock, valued at approximately $1,449,626.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

SilverBow Resources Inc. (NYSE:SBOW) traded down 0.61% during midday trading on Thursday, reaching $21.19. 17,399 shares of the company were exchanged. The firm’s 50-day moving average price is $24.16 and its 200 day moving average price is $26.98. SilverBow Resources Inc. has a 52-week low of $21.03 and a 52-week high of $35.70. The stock has a market capitalization of $243.90 million and a price-to-earnings ratio of 3.40.

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A number of equities research analysts recently issued reports on SBOW shares. Johnson Rice started coverage on shares of SilverBow Resources in a report on Thursday, June 8th. They issued a “buy” rating for the company. Seaport Global Securities started coverage on shares of SilverBow Resources in a report on Tuesday, August 1st. They issued a “neutral” rating and a $25.00 target price for the company.

Several hedge funds have recently bought and sold shares of the company. Pentwater Capital Management LP bought a new stake in SilverBow Resources during the second quarter worth about $15,114,000. Matlinpatterson Global Advisers LLC bought a new stake in SilverBow Resources during the second quarter worth about $9,405,000. Wells Fargo & Company MN bought a new stake in SilverBow Resources during the second quarter worth about $7,476,000. Vanguard Group Inc. bought a new stake in SilverBow Resources during the second quarter worth about $4,637,000. Finally, State Street Corp bought a new stake in SilverBow Resources during the second quarter worth about $1,834,000. 4.02% of the stock is owned by institutional investors and hedge funds.

About SilverBow Resources

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