Eclipse Resources Corporation (NYSE:ECR) COO Oleg E. Tolmachev sold 20,000 shares of Eclipse Resources Corporation stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $2.57, for a total value of $51,400.00. Following the sale, the chief operating officer now directly owns 423,920 shares of the company’s stock, valued at $1,089,474.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Eclipse Resources Corporation (NYSE:ECR) traded down 0.81% during trading on Thursday, reaching $2.44. The company’s stock had a trading volume of 956,963 shares. The stock’s 50 day moving average is $2.70 and its 200 day moving average is $2.43. The company’s market cap is $641.08 million. Eclipse Resources Corporation has a 12 month low of $1.60 and a 12 month high of $3.81.

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Large investors have recently modified their holdings of the company. Engineers Gate Manager LP acquired a new stake in shares of Eclipse Resources Corporation during the first quarter worth about $136,000. UBS Asset Management Americas Inc. increased its stake in shares of Eclipse Resources Corporation by 99.3% in the first quarter. UBS Asset Management Americas Inc. now owns 57,000 shares of the energy producer’s stock worth $145,000 after buying an additional 28,400 shares during the period. TFS Capital LLC increased its stake in shares of Eclipse Resources Corporation by 265.2% in the first quarter. TFS Capital LLC now owns 93,357 shares of the energy producer’s stock worth $237,000 after buying an additional 67,792 shares during the period. Rhumbline Advisers increased its stake in shares of Eclipse Resources Corporation by 60.5% in the second quarter. Rhumbline Advisers now owns 98,055 shares of the energy producer’s stock worth $280,000 after buying an additional 36,956 shares during the period. Finally, Alambic Investment Management L.P. acquired a new stake in shares of Eclipse Resources Corporation during the first quarter worth about $292,000. Institutional investors own 92.38% of the company’s stock.

ECR has been the subject of several research reports. Barclays PLC reissued an “equal weight” rating and set a $2.50 price target (down from $3.00) on shares of Eclipse Resources Corporation in a report on Saturday, April 22nd. Scotiabank set a $4.00 price target on Eclipse Resources Corporation and gave the stock a “hold” rating in a report on Thursday, August 3rd. Stifel Nicolaus reissued a “buy” rating and set a $5.00 price target (up from $4.00) on shares of Eclipse Resources Corporation in a report on Monday, June 19th. BidaskClub lowered Eclipse Resources Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, ValuEngine upgraded Eclipse Resources Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $3.56.

Eclipse Resources Corporation Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

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