Guru Analysis Of SandRidge Energy, Inc. (SD)

SandRidge Energy, Inc. (NYSE:SD) enjoyed a 27.85% run-up in share price since hitting record low of $6.98. The stock managed 3.72% rise and now stands at $8.92 as of 01/09/2019. At recent session, the prices were hovering between $8.46 and $8.925. This company shares are 68.16% off its target price of $15 and the current market capitalization stands at $314.95M. The recent change has given its price a -2.03% deficit over SMA 50 and -58.78% deficit over its 52-week high. The stock witnessed -8.32% declines, -21.75% declines and -50.42% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SD’s volatility during a week at 6.17% and during a month it has been found around 6.49%.

SandRidge Energy, Inc. (SD) Top Holders

Institutional investors currently hold around $258 million or 83.5% in SD stock. Look at its top three institutional owners. Icahn Carl C owns $41.44 million in SandRidge Energy, Inc., which represents roughly 13.16% of the company’s market cap and approximately 16.06% of the institutional ownership. Similar statistics are true for the second largest owner, Guggenheim Capital Llc, which owns 2,554,840 shares of the stock are valued at $21.97 million. The third largest holder is Blackrock Inc., which currently holds $19.23 million worth of this stock and that ownership represents nearly 6.1% of its market capitalization.

SandRidge Energy, Inc. 13F Filings

At the end of September reporting period, 54 institutional holders increased their position in SandRidge Energy, Inc. (NYSE:SD) by some 2,958,241 shares, 56 decreased positions by 2,819,877 and 29 held positions by 24,198,971. That puts total institutional holdings at 29,977,089 shares, according to SEC filings. The stock grabbed 19 new institutional investments totaling 517,017 shares while 17 institutional investors sold out their entire positions totaling 855,789 shares.

SandRidge Energy, Inc. (NYSE:SD) Insider Trades

Multiple company employees have indulged in significant insider trading. SandRidge Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP and CFO Bott Julian Mark has sold 2,373 shares of SandRidge Energy, Inc. (SD) in trading session dated Jan. 10, 2018. These shares are worth $49,833 and were traded at $21 each. The SEC filing shows that Suter John Patrick performed a sale of 22,803 shares. The EVP & COO disposed these shares by way of transaction on Jan. 05, 2018. The company’s shares were given away at $20.73 per share worth to an income of some $472,706 on account of Suter John Patrick.

President and CEO, Bennett James Donald, sold 100,000 common shares of SandRidge Energy, Inc. (SD) in the open market. In a transaction dated Jan. 02, 2018, the shares were put up for sale at an average price of $21.12, raking in a sum of $2,112,000. After this sale, 359,148 common shares of SD are directly owned by the insider, with total stake valued at $3,203,600.

In the transaction dated Jan. 02, 2018, the great number of shares disposed came courtesy the SVP – General Counsel and Corp; Warman Philip T disposed a total of 13,351 shares at an average price of $21.21, amounting to approximately $283,175. The insider now directly owns 50,267 shares worth $448,382.

SandRidge Energy, Inc. (SD) Analyst Guide

Several analysts have released their opinion on SandRidge Energy, Inc. (NYSE:SD), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.