The SVP, GC, CRO & Secretary of Continental Resources (NYSE: CLR) is Selling Shares

By Carrie Williams

Today, the SVP, GC, CRO & Secretary of Continental Resources (NYSE: CLR), Eric Spencer Eissenstat, sold shares of CLR for $339.2K.

Following Eric Spencer Eissenstat’s last CLR Sell transaction on June 24, 2016, the stock climbed by 10.2%. In addition to Eric Spencer Eissenstat, 2 other CLR executives reported Sell trades in the last month.

The company has a one year high of $55.07 and a one year low of $13.94. Currently, Continental Resources has an average volume of 2.31M.

One of the top 25 analysts, according to TipRanks.com, recently recommended Hold CLR with a $50 price target. Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $55.50, reflecting a -3.5% downside.

The insider sentiment on Continental Resources has been negative according to 44 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Continental Resources, Inc. engages in the exploration and production of crude oil and natural gas. Its operations are focused on the Red River Units, Anadarko Woodford and Bakken field plays. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.