Continental Resources Inc. (NYSE:CLR)’s share price was up 4.4% on Friday . The company traded as high as $44.03 and last traded at $43.96, with a volume of 1,845,658 shares changing hands. The stock had previously closed at $42.10.

CLR has been the subject of several research analyst reports. Scotiabank reaffirmed an “outperform” rating and set a $17.00 price target on shares of Continental Resources in a research report on Tuesday, June 28th. Stifel Nicolaus lowered shares of Continental Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, April 6th. Canaccord Genuity upped their price target on shares of Continental Resources to $50.00 and gave the stock a “buy” rating in a research report on Monday, June 20th. Vetr raised shares of Continental Resources from a “strong sell” rating to a “buy” rating and set a $37.50 price target for the company in a research report on Wednesday, April 13th. Finally, Howard Weil lowered shares of Continental Resources from a “focus stock” rating to a “sector outperform” rating in a research report on Monday, May 16th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. Continental Resources has a consensus rating of “Buy” and an average price target of $39.36.

The company’s market cap is $16.32 billion. The company’s 50-day moving average is $43.85 and its 200-day moving average is $33.27.

Continental Resources (NYSE:CLR) last posted its quarterly earnings results on Wednesday, May 4th. The company reported ($0.41) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.37) by $0.04. During the same quarter in the prior year, the company earned ($0.09) EPS. The business had revenue of $453.17 million for the quarter, compared to analysts’ expectations of $444.84 million. Continental Resources’s quarterly revenue was down 27.6% on a year-over-year basis. Equities analysts forecast that Continental Resources Inc. will post ($0.76) earnings per share for the current year.

In other Continental Resources news, SVP Glen A. Brown sold 15,000 shares of Continental Resources stock in a transaction on Friday, May 20th. The shares were sold at an average price of $40.62, for a total transaction of $609,300.00. Following the sale, the senior vice president now owns 145,890 shares in the company, valued at $5,926,051.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Steven K. Owen sold 14,000 shares of Continental Resources stock in a transaction on Tuesday, May 10th. The stock was sold at an average price of $40.13, for a total transaction of $561,820.00. Following the sale, the senior vice president now owns 96,791 shares in the company, valued at approximately $3,884,222.83. The disclosure for this sale can be found here.

Several large investors have recently modified their holdings of the stock. Morningstar Investment Services LLC purchased a new stake in shares of Continental Resources during the fourth quarter valued at approximately $3,103,000. Dimensional Fund Advisors LP increased its stake in shares of Continental Resources by 4.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 776,519 shares of the company’s stock valued at $17,840,000 after buying an additional 34,011 shares in the last quarter. Trexquant Investment LP purchased a new stake in shares of Continental Resources during the fourth quarter valued at approximately $4,521,000. Marshall Wace LLP increased its stake in shares of Continental Resources by 328.3% in the fourth quarter. Marshall Wace LLP now owns 296,700 shares of the company’s stock valued at $6,818,000 after buying an additional 227,429 shares in the last quarter. Finally, Morgan Stanley increased its stake in shares of Continental Resources by 69.8% in the fourth quarter. Morgan Stanley now owns 2,106,900 shares of the company’s stock valued at $48,417,000 after buying an additional 866,217 shares in the last quarter.

Continental Resources, Inc is an independent crude oil and natural gas exploration and production company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.