Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of CNX Resources Corporation. (NYSE:CNX – Free Report) by 55.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,972 shares of the oil and gas producer’s stock after selling 27,237 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in CNX Resources were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of CNX. State of Wyoming purchased a new position in CNX Resources during the 2nd quarter worth approximately $29,000. Caitlin John LLC purchased a new position in CNX Resources during the 3rd quarter worth approximately $31,000. EverSource Wealth Advisors LLC raised its position in CNX Resources by 393.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,925 shares of the oil and gas producer’s stock worth $65,000 after buying an additional 1,535 shares during the last quarter. Hantz Financial Services Inc. raised its position in CNX Resources by 462.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,954 shares of the oil and gas producer’s stock worth $95,000 after buying an additional 2,429 shares during the last quarter. Finally, Vestcor Inc purchased a new position in CNX Resources during the 3rd quarter worth approximately $108,000. 95.16% of the stock is owned by hedge funds and other institutional investors.
CNX Resources Price Performance
NYSE:CNX opened at $37.88 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.49 and a quick ratio of 0.46. The firm has a market cap of $5.39 billion, a price-to-earnings ratio of 5.26, a price-to-earnings-growth ratio of 0.41 and a beta of 0.64. The company has a 50 day moving average price of $39.84 and a 200-day moving average price of $37.93. CNX Resources Corporation. has a 1-year low of $27.72 and a 1-year high of $43.62.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the stock. Truist Financial assumed coverage on shares of CNX Resources in a research report on Tuesday, March 24th. They set a “sell” rating and a $35.00 price target for the company. Barclays raised their price target on shares of CNX Resources from $35.00 to $36.00 and gave the stock an “underweight” rating in a research report on Monday, March 16th. Zacks Research lowered shares of CNX Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Roth Mkm set a $35.00 target price on shares of CNX Resources and gave the company a “neutral” rating in a report on Thursday, January 29th. Finally, Weiss Ratings raised shares of CNX Resources from a “hold (c)” rating to a “buy (b)” rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $35.67.
Check Out Our Latest Stock Report on CNX
Insider Activity at CNX Resources
In other news, Director Maureen Lally-Green sold 23,631 shares of CNX Resources stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $39.52, for a total transaction of $933,897.12. Following the completion of the transaction, the director directly owned 169,577 shares of the company’s stock, valued at $6,701,683.04. The trade was a 12.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bernard Lanigan, Jr. sold 46,119 shares of CNX Resources stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $40.60, for a total transaction of $1,872,431.40. Following the transaction, the director directly owned 177,180 shares of the company’s stock, valued at approximately $7,193,508. This trade represents a 20.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.03% of the stock is owned by insiders.
More CNX Resources News
Here are the key news stories impacting CNX Resources this week:
- Positive Sentiment: Q1 results beat expectations — CNX reported stronger-than-expected earnings and rising production/pricing, with revenue and EPS topping estimates, supporting core cash flow and the company’s operational story. CNX Resources Q1 Earnings Surpass Estimates
- Positive Sentiment: Analyst/deep-dive coverage highlights demand and infrastructure tailwinds that supported CNX’s quarter and longer-term thesis, helping justify bullish forecasts from some houses. CNX Q1 deep dive
- Neutral Sentiment: Company filed its formal Q1 release and call materials (slides/transcript available) — useful for modeling but largely reiterates the beats and guidance commentary. CNX Reports First Quarter Results
- Negative Sentiment: Convertible converts into roughly ~12 million shares this week — immediate dilution increases share count and is a primary reason for downward pressure. Convertible converts into ~12 million shares
- Negative Sentiment: CNX delayed a fuller Utica update to late‑2026/early‑2027 — postpones clarity on resource upside and growth timing, increasing short-term uncertainty. Granite lifts 2026 outlook as CNX delays Utica update
- Negative Sentiment: Macro headwind: a Reuters piece notes a U.S. regional gas glut while Asia/Europe compete for LNG — excess domestic supply can depress realized prices for U.S. producers. While Asia and Europe scramble for natural gas, the US glut has nowhere to go
- Negative Sentiment: Zacks downgraded CNX from “strong-buy” to “hold,” signaling reduced analyst enthusiasm that can weigh on short-term flows. Zacks downgrade
CNX Resources Company Profile
CNX Resources Corporation is a natural gas and natural gas liquids producer with operations concentrated in the Appalachian Basin. Established as an independent, publicly traded entity in 2018 following its spinoff from Consol Energy, the company focuses on the exploration, development and production of hydrocarbon resources in the Marcellus and Utica shales across Pennsylvania, West Virginia and Ohio.
In addition to its upstream activities, CNX Resources has invested in midstream infrastructure through its subsidiary that gathers, processes and transports natural gas.
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