Sanchez Energy Corp (NYSE:SN) was the recipient of unusually large options trading activity on Friday. Traders bought 38,074 put options on the company. This is an increase of approximately 2,116% compared to the typical volume of 1,718 put options.

In other news, VP Gregory B. Kopel sold 7,960 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $5.61, for a total value of $44,655.60. Following the completion of the transaction, the vice president now owns 109,488 shares of the company’s stock, valued at $614,227.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Christopher Heinson sold 19,903 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $5.22, for a total value of $103,893.66. Following the completion of the transaction, the chief operating officer now directly owns 579,022 shares of the company’s stock, valued at approximately $3,022,494.84. The disclosure for this sale can be found here. Insiders sold 605,022 shares of company stock valued at $2,880,942 in the last three months. Company insiders own 14.70% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. increased its position in Sanchez Energy by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 50,374 shares of the energy producer’s stock valued at $362,000 after purchasing an additional 231 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Sanchez Energy by 6.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock valued at $182,000 after purchasing an additional 1,650 shares during the period. Schwab Charles Investment Management Inc. increased its position in Sanchez Energy by 1.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 301,467 shares of the energy producer’s stock valued at $2,165,000 after purchasing an additional 3,725 shares during the period. Voya Investment Management LLC increased its position in Sanchez Energy by 16.8% during the 2nd quarter. Voya Investment Management LLC now owns 33,214 shares of the energy producer’s stock valued at $238,000 after purchasing an additional 4,770 shares during the period. Finally, California Public Employees Retirement System increased its position in Sanchez Energy by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 294,800 shares of the energy producer’s stock valued at $2,117,000 after purchasing an additional 6,400 shares during the period. 59.00% of the stock is owned by institutional investors and hedge funds.

Shares of Sanchez Energy (NYSE SN) opened at $5.61 on Wednesday. The firm has a market cap of $471.96, a P/E ratio of 20.04 and a beta of 1.72. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of -3.72. Sanchez Energy has a 52-week low of $3.58 and a 52-week high of $14.39.

Sanchez Energy (NYSE:SN) last released its earnings results on Thursday, November 2nd. The energy producer reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.07. equities research analysts forecast that Sanchez Energy will post -0.96 earnings per share for the current fiscal year.

SN has been the subject of several recent research reports. JPMorgan Chase & Co. downgraded Sanchez Energy from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. Northland Securities set a $6.00 price objective on Sanchez Energy and gave the company a “buy” rating in a research note on Monday, December 11th. BMO Capital Markets set a $5.00 price objective on Sanchez Energy and gave the company a “hold” rating in a research note on Tuesday, November 14th. Zacks Investment Research raised Sanchez Energy from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a research note on Wednesday, December 27th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $8.00 price objective on shares of Sanchez Energy in a research note on Tuesday, January 9th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Sanchez Energy currently has an average rating of “Hold” and a consensus target price of $8.58.

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About Sanchez Energy

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

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