The Sr. RVP – Houston Region of Apache (NYSE: APA) is Selling SharesBy Carrie Williams
Following James L. House’s last APA Sell transaction on May 24, 2016, the stock climbed by 5.1%. In addition to James L. House, 3 other APA executives reported Sell trades in the last month.
The company has a one year high of $66 and a one year low of $32.20. Currently, Apache has an average volume of 2.03M.
Five different firms, including Merrill Lynch and Jefferies, currently also have a Sell rating on the stock. Based on 11 analyst ratings, the analyst consensus is Hold with an average price target of $61.55, reflecting a 3.0% upside.
In the last 30 days, insiders have sold $507K worth of APA shares and purchased $993K worth of APA shares. The insider sentiment on Apache has been positive according to 51 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
Apache Corp. explores, develops and produces natural gas, crude oil and natural gas liquids. The company has exploration and production interests in six countries: the U.S., Canada, Egypt, the U. K. in the North Sea and Argentina. The North American asset base comprises operations in the Permian Basin, the Anadarko basin in western Oklahoma and the Texas Panhandle, Gulf Coast onshore and offshore areas of the U.S., and operations in Western Canada. . It is focused on oil projects located primarily in Alberta and Saskatchewan. The company’s operations in Egypt are conducted pursuant to production-sharing agreements, in various separate concessions. The company was founded by Raymond Plank, Charles Arnao and Truman Anderson on December 6, 1954 and is headquartered in Houston, TX.