Virtu KCG Holdings LLC acquired a new position in SilverBow Resources Inc. (NYSE:SBOW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,759 shares of the company’s stock, valued at approximately $229,000. Virtu KCG Holdings LLC owned approximately 0.08% of SilverBow Resources as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Nationwide Fund Advisors acquired a new position in SilverBow Resources in the second quarter worth $104,000. SG Americas Securities LLC acquired a new position in SilverBow Resources in the second quarter worth $148,000. New York State Common Retirement Fund acquired a new position in SilverBow Resources in the second quarter worth $196,000. Spark Investment Management LLC acquired a new position in SilverBow Resources in the second quarter worth $279,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in SilverBow Resources in the second quarter worth $309,000. 31.00% of the stock is currently owned by institutional investors.

In other news, CEO Sean C. Woolverton acquired 1,119 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The shares were bought at an average price of $22.86 per share, with a total value of $25,580.34. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Sean C. Woolverton acquired 1,106 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were purchased at an average cost of $22.72 per share, for a total transaction of $25,128.32. Following the acquisition, the chief executive officer now owns 63,804 shares in the company, valued at $1,449,626.88. The disclosure for this purchase can be found here. In the last quarter, insiders bought 5,452 shares of company stock worth $127,669.

A number of research firms have commented on SBOW. BidaskClub raised SilverBow Resources from a “strong sell” rating to a “sell” rating in a research note on Friday, September 15th. Northland Securities began coverage on SilverBow Resources in a research note on Thursday, September 28th. They issued an “outperform” rating and a $42.00 price objective on the stock. Stephens began coverage on SilverBow Resources in a research note on Friday, September 29th. They issued an “overweight” rating and a $28.00 price objective on the stock. Seaport Global Securities began coverage on SilverBow Resources in a research note on Tuesday, August 1st. They issued a “neutral” rating and a $25.00 price objective on the stock. Finally, Zacks Investment Research lowered SilverBow Resources from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $31.67.

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SilverBow Resources Inc. (NYSE:SBOW) opened at 22.01 on Thursday. The firm has a market cap of $253.69 million and a price-to-earnings ratio of 0.54. The stock’s 50 day moving average price is $23.06 and its 200 day moving average price is $24.95. SilverBow Resources Inc. has a 52 week low of $19.89 and a 52 week high of $35.70.

About SilverBow Resources

Institutional Ownership by Quarter for SilverBow Resources (NYSE:SBOW)

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