13 hedge funds buy Jagged Peak Energy Inc. (JAG) for the first time

Jagged Peak Energy Inc. (NYSE:JAG) has made a 27.1% comeback from a 12-month low price of $10.96. It was seen -5.56% lower, changing the price to $13.93, when the closing bell rang on 12/06/2017. At recent session, the prices were hovering between $13.905 and $14.64. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $2.89B. The recent change has given its price a -2.02% deficit over SMA 50 and -10.24% deficit over its 52-week high. The stock witnessed -7.81% declines, 12.7% gains and 9.6% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found JAG’s volatility during a week at 4.25% and during a month it has been found around 3.28%.

Jagged Peak Energy Inc. (JAG) Top Holders

Institutional investors currently hold around $668 million or 21.4% in JAG stock. Look at its top three institutional owners. Price T Rowe Associates Inc /Md/ owns $138.53 million in Jagged Peak Energy Inc., which represents roughly 4.79% of the company’s market cap and approximately 20.74% of the institutional ownership. Similar statistics are true for the second largest owner, Boston Partners, which owns 6,219,011 shares of the stock are valued at $91.73 million. The third largest holder is Wellington Management Group Llp, which currently holds $56.51 million worth of this stock and that ownership represents nearly 1.96% of its market capitalization.

Jagged Peak Energy Inc. 13F Filings

At the end of 09/30/2017 reporting period, 55 institutional holders increased their position in Jagged Peak Energy Inc. (NYSE:JAG) by some 11,773,144 shares, 25 decreased positions by 2,926,574 and 12 held positions by 30,567,827. That puts total institutional holdings at 45,267,545 shares, according to SEC filings. The stock grabbed 13 new institutional investments totaling 5,264,005 shares while 15 institutional investors sold out their entire positions totaling 1,737,411 shares.

Jagged Peak Energy Inc. (NYSE:JAG) Insider Trades

Multiple company employees have indulged in significant insider trading. Jagged Peak Energy Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman, CEO & President Jaggers Joseph N has sold 14,727 shares of Jagged Peak Energy Inc. (JAG) in trading session dated Dec. 01, 2017. These shares are worth $228,269 and were traded at $15.5 each. The SEC filing shows that Jaggers Joseph N performed a sale of 58,844 shares. The Chairman, CEO & President disposed these shares by way of transaction on Nov. 30, 2017. The company’s shares were given away at $15.28 per share worth to an income of some $899,136 on account of Jaggers Joseph N.

Chairman, CEO & President, Jaggers Joseph N, sold 6,656 common shares of Jagged Peak Energy Inc. (JAG) in the open market. In a transaction dated Nov. 24, 2017, the shares were put up for sale at an average price of $15.25, raking in a sum of $101,504. After this sale, 5,117,252 common shares of JAG are directly owned by the insider, with total stake valued at $71,283,320.

In the transaction dated Nov. 06, 2017, the great number of shares disposed came courtesy the Controller; Stahlecker Shonn D. disposed a total of 100,000 shares at an average price of $15.04, amounting to approximately $1,504,000. The insider now directly owns 372,986 shares worth $5,195,695.

Jagged Peak Energy Inc. (JAG) Analyst Guide

Several analysts have released their opinion on Jagged Peak Energy Inc. (NYSE:JAG), with 10 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.38 average brokerage recommendation.

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