Wolverine Trading LLC grew its position in Lilis Energy Inc (NYSEAMERICAN:LLEX) by 411.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,188 shares of the company’s stock after purchasing an additional 49,214 shares during the quarter. Wolverine Trading LLC owned approximately 0.12% of Lilis Energy worth $274,000 as of its most recent filing with the SEC.

In other Lilis Energy news, major shareholder Fund Vertex sold 10,720 shares of the company’s stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $5.01, for a total transaction of $53,707.20. Following the transaction, the insider now owns 6,962,640 shares in the company, valued at $34,882,826.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Lilis Energy Inc (LLEX) traded down $0.01 on Tuesday, reaching $4.38. 493,300 shares of the company’s stock traded hands, compared to its average volume of 205,109. Lilis Energy Inc has a 1 year low of $2.30 and a 1 year high of $5.69.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Lilis Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Capital One Financial assumed coverage on shares of Lilis Energy in a research report on Thursday, October 5th. They set an “overweight” rating and a $7.00 target price on the stock. Seaport Global Securities reiterated a “buy” rating and set a $8.00 target price (up previously from $6.75) on shares of Lilis Energy in a research report on Wednesday, October 4th. SunTrust Banks assumed coverage on shares of Lilis Energy in a research report on Monday, August 14th. They set a “buy” rating and a $7.00 target price on the stock. Finally, Williams Capital assumed coverage on shares of Lilis Energy in a research report on Tuesday, September 26th. They set a “buy” rating and a $7.00 target price on the stock. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Lilis Energy has an average rating of “Buy” and a consensus price target of $6.71.

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Lilis Energy Profile

Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.

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