Stock Traders Purchase High Volume of Hallador Energy Call Options (NASDAQ:HNRG)

Hallador Energy Company (NASDAQ:HNRG) was the recipient of some unusual options trading on Monday. Investors purchased 5,416 call options on the company. This represents an increase of approximately 298% compared to the average daily volume of 1,362 call options.

Hallador Energy Price Performance

Hallador Energy stock opened at $19.75 on Tuesday. The firm has a market capitalization of $865.64 million, a P/E ratio of -4.41 and a beta of 0.34. Hallador Energy has a one year low of $8.37 and a one year high of $24.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.31. The business has a fifty day moving average price of $20.46 and a 200-day moving average price of $18.34.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings data on Monday, November 10th. The energy company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.49. Hallador Energy had a positive return on equity of 33.97% and a negative net margin of 37.57%.The company had revenue of $146.85 million for the quarter, compared to analyst estimates of $110.92 million. As a group, equities research analysts forecast that Hallador Energy will post -0.31 EPS for the current year.

Analyst Ratings Changes

HNRG has been the topic of a number of research reports. Alliance Global Partners reaffirmed a “buy” rating on shares of Hallador Energy in a report on Tuesday, November 11th. Wall Street Zen raised Hallador Energy from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Industrial Alliance Securities set a $28.00 price target on Hallador Energy in a research report on Tuesday, November 11th. Zacks Research upgraded Hallador Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Hallador Energy in a report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.67.

Insider Buying and Selling at Hallador Energy

In related news, Director Charles Ray Iv Wesley purchased 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were bought at an average cost of $17.83 per share, with a total value of $356,600.00. Following the acquisition, the director owned 267,914 shares of the company’s stock, valued at $4,776,906.62. This represents a 8.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David C. Hardie sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $19.53, for a total transaction of $1,953,000.00. Following the sale, the director owned 21,072 shares of the company’s stock, valued at $411,536.16. This trade represents a 82.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 286,633 shares of company stock valued at $5,589,687. Insiders own 23.73% of the company’s stock.

Hedge Funds Weigh In On Hallador Energy

Large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Hallador Energy by 4.0% during the first quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company’s stock valued at $20,797,000 after acquiring an additional 65,652 shares in the last quarter. American Century Companies Inc. grew its position in shares of Hallador Energy by 10.6% during the 3rd quarter. American Century Companies Inc. now owns 1,184,873 shares of the energy company’s stock valued at $23,188,000 after purchasing an additional 113,547 shares in the last quarter. Ameriprise Financial Inc. purchased a new position in shares of Hallador Energy during the 2nd quarter valued at $18,735,000. Apis Capital Advisors LLC increased its holdings in shares of Hallador Energy by 20.3% in the first quarter. Apis Capital Advisors LLC now owns 1,079,935 shares of the energy company’s stock worth $13,262,000 after purchasing an additional 181,935 shares during the period. Finally, CenterBook Partners LP increased its holdings in shares of Hallador Energy by 2,371.9% in the second quarter. CenterBook Partners LP now owns 786,671 shares of the energy company’s stock worth $12,453,000 after purchasing an additional 754,846 shares during the period. 61.38% of the stock is currently owned by institutional investors.

Hallador Energy Company Profile

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.