Jones Energy, Inc. (JONE) Major Shareholder Metalmark Capital Ii Llc Sells 130,161 Shares

Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 130,161 shares of the company’s stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $1.44, for a total transaction of $187,431.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Metalmark Capital Ii Llc also recently made the following trade(s):

  • On Wednesday, October 11th, Metalmark Capital Ii Llc sold 85,725 shares of Jones Energy stock. The shares were sold at an average price of $1.59, for a total transaction of $136,302.75.
  • On Tuesday, October 10th, Metalmark Capital Ii Llc sold 71,772 shares of Jones Energy stock. The shares were sold at an average price of $1.60, for a total transaction of $114,835.20.
  • On Friday, October 6th, Metalmark Capital Ii Llc sold 124,212 shares of Jones Energy stock. The shares were sold at an average price of $1.59, for a total transaction of $197,497.08.
  • On Monday, October 9th, Metalmark Capital Ii Llc sold 38,801 shares of Jones Energy stock. The shares were sold at an average price of $1.61, for a total transaction of $62,469.61.
  • On Thursday, October 5th, Metalmark Capital Ii Llc sold 157,808 shares of Jones Energy stock. The shares were sold at an average price of $1.66, for a total transaction of $261,961.28.
  • On Wednesday, October 4th, Metalmark Capital Ii Llc sold 143,081 shares of Jones Energy stock. The shares were sold at an average price of $1.62, for a total transaction of $231,791.22.

Shares of Jones Energy, Inc. (JONE) traded down 0.72% during trading on Monday, reaching $1.37. 988,157 shares of the company’s stock were exchanged. Jones Energy, Inc. has a 52 week low of $0.85 and a 52 week high of $4.91. The company’s 50-day moving average is $1.42 and its 200 day moving average is $1.69. The stock’s market capitalization is $85.20 million.

Jones Energy (NYSE:JONE) last announced its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.30. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. The company had revenue of $48.60 million during the quarter, compared to the consensus estimate of $53.93 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 67.0% compared to the same quarter last year. On average, analysts forecast that Jones Energy, Inc. will post ($0.21) earnings per share for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers acquired a new position in shares of Jones Energy during the second quarter valued at $104,000. Bank of America Corp DE boosted its holdings in shares of Jones Energy by 382.6% during the first quarter. Bank of America Corp DE now owns 41,062 shares of the oil and gas producer’s stock valued at $105,000 after acquiring an additional 32,554 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in shares of Jones Energy by 11.1% during the first quarter. Parametric Portfolio Associates LLC now owns 41,601 shares of the oil and gas producer’s stock valued at $106,000 after acquiring an additional 4,170 shares during the period. Highbridge Capital Management LLC boosted its holdings in shares of Jones Energy by 4.3% during the first quarter. Highbridge Capital Management LLC now owns 42,280 shares of the oil and gas producer’s stock valued at $108,000 after acquiring an additional 1,735 shares during the period. Finally, Q Global Advisors LLC acquired a new position in shares of Jones Energy during the second quarter valued at $146,000. 59.34% of the stock is owned by institutional investors.

JONE has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Jones Energy from a “hold” rating to a “strong-buy” rating and set a $1.75 price target for the company in a research note on Wednesday, October 11th. ValuEngine cut shares of Jones Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. J P Morgan Chase & Co cut shares of Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price target for the company. in a research note on Thursday, July 20th. Finally, Seaport Global Securities cut shares of Jones Energy from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $5.00 to $1.50 in a research note on Wednesday, June 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $3.96.

About Jones Energy

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

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