Sanchez Energy Corp. (NYSE:SN) saw strong trading volume on Wednesday . 2,813,492 shares changed hands during mid-day trading, an increase of 6% from the previous session’s volume of 2,664,291 shares.The stock last traded at $8.64 and had previously closed at $8.66.

SN has been the subject of several research analyst reports. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Sanchez Energy Corp. in a research note on Saturday, May 14th. National Securities increased their target price on shares of Sanchez Energy Corp. from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Tuesday, August 9th. Zacks Investment Research raised shares of Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a research note on Thursday, May 19th. Vetr lowered shares of Sanchez Energy Corp. from a “buy” rating to a “hold” rating and set a $9.00 target price for the company. in a research note on Thursday, August 18th. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $8.00 target price on shares of Sanchez Energy Corp. in a research note on Thursday, July 7th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $7.84.

The company’s 50-day moving average is $7.05 and its 200 day moving average is $6.62. The company’s market cap is $494.89 million.

Sanchez Energy Corp. (NYSE:SN) last posted its quarterly earnings results on Monday, August 8th. The company reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.09) by $3.11. The business earned $111 million during the quarter, compared to the consensus estimate of $121.61 million. During the same period last year, the business earned ($0.43) EPS. Equities research analysts anticipate that Sanchez Energy Corp. will post ($0.20) EPS for the current fiscal year.

In other Sanchez Energy Corp. news, Director Gilbert A. Garcia sold 7,936 shares of Sanchez Energy Corp. stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $8.05, for a total value of $63,884.80. Following the completion of the sale, the director now owns 85,251 shares in the company, valued at approximately $686,270.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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.

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.