Evolution Petroleum Corporation (NYSE:EPM) is now up 23.99% compared to a 12-month low of $6.17. We have seen the price to move -3.04% lower and get settled at $7.65 on 01/11/2019. At recent session, it appeared stuck in a range of $7.49 to $7.86. This company shares are 35.69% off its target price of $10.38 and the current market capitalization stands at $261.63M. The recent change has given its price a -9.01% deficit over SMA 50 and -40.37% deficit over its 52-week high. The stock witnessed -1.92% declines, -33.77% declines and -31.08% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EPM’s volatility during a week at 4.53% and during a month it has been found around 5.99%.Evolution Petroleum Corporation (EPM) Top Holders
Institutional investors currently hold around $179 million or 72.1% in EPM stock. Look at its top three institutional owners. Blackrock Inc. owns $23.41 million in Evolution Petroleum Corporation, which represents roughly 8.95% of the company’s market cap and approximately 13.08% of the institutional ownership. Similar statistics are true for the second largest owner, Jvl Advisors, L.L.C., which owns 2,310,503 shares of the stock are valued at $17.68 million. The third largest holder is Advisory Research Inc, which currently holds $16.5 million worth of this stock and that ownership represents nearly 6.31% of its market capitalization.Evolution Petroleum Corporation 13F Filings
At the end of September reporting period, 63 institutional holders increased their position in Evolution Petroleum Corporation (NYSE:EPM) by some 2,882,284 shares, 42 decreased positions by 2,682,927 and 21 held positions by 17,892,320. That puts total institutional holdings at 23,457,531 shares, according to SEC filings. The stock grabbed 15 new institutional investments totaling 765,130 shares while 9 institutional investors sold out their entire positions totaling 172,316 shares.Evolution Petroleum Corporation (NYSE:EPM) Insider Trades
Multiple company employees have indulged in significant insider trading. Evolution Petroleum Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Ogilvie Marran H. has acquired 6,800 shares of Evolution Petroleum Corporation (EPM) in trading session dated Dec. 31, 2018. These shares are worth $46,308 and were traded at $6.81 each. The SEC filing shows that Joe David performed a sale of 4,306 shares. The SVP & CFO disposed these shares by way of transaction on Oct. 09, 2018. The company’s shares were given away at $12.58 per share worth to an income of some $54,169 on account of Joe David.
10% Owner, Jvl Advisors, L.L.C., sold 109,310 common shares of Evolution Petroleum Corporation (EPM) in the open market. In a transaction dated Sep. 25, 2018, the shares were put up for sale at an average price of $11.07, raking in a sum of $1,210,062. After this sale, 252,106 common shares of EPM are directly owned by the insider, with total stake valued at $1,928,611.
In the transaction dated Sep. 19, 2018, the great number of shares disposed came courtesy the 10% Owner; Jvl Advisors, L.L.C. disposed a total of 119,306 shares at an average price of $10.77, amounting to approximately $1,284,926. The insider now directly owns 361,416 shares worth $2,764,832.Evolution Petroleum Corporation (EPM) Analyst Guide
Several analysts have released their opinion on Evolution Petroleum Corporation (NYSE:EPM), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation.