Callon Petroleum Company (NYSE:CPE) is now up 2.96% compared to a 12-month low of $4.73. We have seen the price to move -2.21% lower and get settled at $4.87 on 7/26/2019. At recent session, it appeared stuck in a range of $4.85 to $5.05. This company shares are 111.09% off its target price of $10.28 and the current market capitalization stands at $1.14B. The recent change has given its price a -23.61% deficit over SMA 50 and -62.8% deficit over its 52-week high. The stock witnessed -24.02% declines, -34.98% declines and -40.68% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CPE’s volatility during a week at 6.43% and during a month it has been found around 5.92%.

What Does Callon Petroleum Company (CPE) Do?

The company describes itself in regulatory filings as, “Callon Petroleum Co. engages in the exploration, development, acquisition, and production of oil and natural gas properties. It focuses on unconventional oil and natural gas reserves in the Permian Basin. The company was founded by Sim C. Callon and John S. Callon in 1950 and is headquartered in Houston, TX.” [Text can be found here: under company description.]

Callon Petroleum Company (CPE) Top Holders

Institutional investors currently hold around $1.46 billion or 0% in CPE stock. Look at its top three institutional owners: Blackrock Inc. owns $128.62 million in Callon Petroleum Company, which represents roughly 11.28% of the company’s market cap and approximately 8.82% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 21,308,256 shares of the stock are valued at $103.77 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $91.91 million worth of this stock and that ownership represents nearly 8.06% of its market capitalization.

Callon Petroleum Company 13F Filings

At the end of March reporting period, 168 institutional holders increased their position in Callon Petroleum Company (NYSE:CPE) by some 29,785,256 shares, 132 decreased positions by 37,318,438 and 44 held positions by 232,350,793. That puts total institutional holdings at 299,454,487 shares, according to SEC filings. The stock grabbed 39 new institutional investments totaling 3,247,829 shares while 51 institutional investors sold out their entire positions totaling 11,132,797 shares.

Callon Petroleum Company (NYSE:CPE) Insider Trades

Multiple company employees have indulged in significant insider trading. Callon Petroleum Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Faulkenberry Barbara J has acquired 625 shares of Callon Petroleum Company (CPE) in the trading session dated Dec. 11, 2018. These shares are worth $4,981 and were traded at $7.97 each. The SEC filing shows that Conn Mitzi P performed a sale of 15,000 shares. The Vice President and CAO disposed these shares by way of transaction on Sep. 18, 2018. The company’s shares were given away at $11.76 per share worth to an income of some $176,400 to the account of Conn Mitzi P.

Vice President of Land, WEANT JERRY A, sold 4,000 common shares of Callon Petroleum Company (CPE) in the open market. In a transaction dated Feb. 14, 2017, the shares were put up for sale at an average price of $14.45, raking in a sum of $57,800. After this sale, 57,885 common shares of CPE are directly owned by the insider, with total stake valued at $281,900.

In the transaction dated Jan. 13, 2016, a great number of shares acquired came courtesy the Vice President of Land; WEANT JERRY A added a total of 1,000 shares at an average price of $6, amounting to approximately $6,000. The insider now directly owns 4,000 shares worth $19,480.

Callon Petroleum Company (CPE) Analyst Guide

Several analysts have released their opinion on Callon Petroleum Company (NYSE:CPE), with 8 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 13 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.84 average brokerage recommendation [T1].