Sanchez Energy Corp. (NYSE:SN) shares shot up 4.4% on Tuesday . The stock traded as high as $6.23 and last traded at $6.13, with a volume of 1,268,817 shares traded. The stock had previously closed at $5.87.

Several research analysts have recently weighed in on the company. Credit Suisse Group AG reissued a “buy” rating on shares of Sanchez Energy Corp. in a research report on Saturday, May 14th. Zacks Investment Research upgraded shares of Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a report on Thursday, May 19th. FBR & Co restated an “outperform” rating and issued a $11.00 target price (up previously from $9.00) on shares of Sanchez Energy Corp. in a report on Thursday, April 21st. National Securities assumed coverage on shares of Sanchez Energy Corp. in a report on Monday, June 27th. They issued a “buy” rating and a $9.00 target price on the stock. Finally, Piper Jaffray Cos. restated a “neutral” rating and issued a $8.00 target price on shares of Sanchez Energy Corp. in a report on Thursday, July 7th. Nine equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Sanchez Energy Corp. presently has an average rating of “Buy” and a consensus target price of $7.60.

The firm’s market capitalization is $355.87 million. The stock’s 50-day moving average is $7.25 and its 200 day moving average is $5.97.

Sanchez Energy Corp. (NYSE:SN) last issued its quarterly earnings results on Monday, May 9th. The company reported ($1.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $1.08. During the same quarter in the previous year, the company earned ($0.97) EPS. The firm had revenue of $79.82 million for the quarter, compared to analyst estimates of $127.24 million. Sanchez Energy Corp.’s revenue was down 28.1% on a year-over-year basis. Analysts expect that Sanchez Energy Corp. will post ($0.46) earnings per share for the current year.

In other news, Director Gilbert A. Garcia sold 7,936 shares of the stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $8.05, for a total transaction of $63,884.80. Following the completion of the transaction, the director now directly owns 85,251 shares in the company, valued at approximately $686,270.55. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Christopher Heinson sold 14,264 shares of the stock in a transaction that occurred on Wednesday, May 11th. The shares were sold at an average price of $8.12, for a total value of $115,823.68. Following the transaction, the chief operating officer now owns 605,177 shares of the company’s stock, valued at $4,914,037.24. The disclosure for this sale can be found here.

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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