Insider Selling: Hallador Energy (NASDAQ:HNRG) Director Sells 24,551 Shares of Stock

Hallador Energy (NASDAQ:HNRGGet Rating) Director Bryan H. Lawrence sold 24,551 shares of the firm’s stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $6.34, for a total value of $155,653.34. Following the completion of the transaction, the director now owns 499,746 shares in the company, valued at approximately $3,168,389.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hallador Energy Price Performance

Shares of HNRG opened at $5.99 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.50 and a debt-to-equity ratio of 0.64. Hallador Energy has a 1 year low of $2.06 and a 1 year high of $7.95. The stock has a market cap of $197.57 million, a P/E ratio of -13.93 and a beta of 0.56. The stock’s 50-day moving average price is $6.56 and its two-hundred day moving average price is $5.28.

Hedge Funds Weigh In On Hallador Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CastleKnight Management LP boosted its holdings in Hallador Energy by 18.5% during the second quarter. CastleKnight Management LP now owns 1,108,264 shares of the energy company’s stock worth $5,996,000 after buying an additional 172,639 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Hallador Energy by 15.2% during the 1st quarter. Acadian Asset Management LLC now owns 797,928 shares of the energy company’s stock valued at $2,792,000 after purchasing an additional 105,109 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Hallador Energy by 56.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 378,727 shares of the energy company’s stock valued at $1,326,000 after purchasing an additional 136,092 shares in the last quarter. EAM Investors LLC bought a new position in shares of Hallador Energy during the 1st quarter valued at about $1,173,000. Finally, Oldfield Partners LLP lifted its holdings in shares of Hallador Energy by 111.7% during the 1st quarter. Oldfield Partners LLP now owns 305,504 shares of the energy company’s stock valued at $1,549,000 after purchasing an additional 161,200 shares in the last quarter. Institutional investors own 51.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Hallador Energy from a “hold” rating to a “sell” rating in a report on Sunday, August 21st.

About Hallador Energy

(Get Rating)

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

See Also

Insider Buying and Selling by Quarter for Hallador Energy (NASDAQ:HNRG)

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