Jones Energy, Inc. (JONE) Major Shareholder Metalmark Capital Ii Llc Sells 322,645 Shares of Stock

Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 322,645 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $1.28, for a total transaction of $412,985.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Metalmark Capital Ii Llc also recently made the following trade(s):

  • On Monday, November 6th, Metalmark Capital Ii Llc sold 170,000 shares of Jones Energy stock. The stock was sold at an average price of $1.47, for a total transaction of $249,900.00.
  • On Friday, November 3rd, Metalmark Capital Ii Llc sold 66,888 shares of Jones Energy stock. The stock was sold at an average price of $1.30, for a total transaction of $86,954.40.
  • On Wednesday, November 1st, Metalmark Capital Ii Llc sold 75,000 shares of Jones Energy stock. The stock was sold at an average price of $1.30, for a total transaction of $97,500.00.
  • On Monday, October 30th, Metalmark Capital Ii Llc sold 60,300 shares of Jones Energy stock. The stock was sold at an average price of $1.24, for a total transaction of $74,772.00.
  • On Friday, October 27th, Metalmark Capital Ii Llc sold 77,800 shares of Jones Energy stock. The stock was sold at an average price of $1.28, for a total transaction of $99,584.00.
  • On Wednesday, October 25th, Metalmark Capital Ii Llc sold 100,000 shares of Jones Energy stock. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00.
  • On Monday, October 23rd, Metalmark Capital Ii Llc sold 73,135 shares of Jones Energy stock. The stock was sold at an average price of $1.29, for a total transaction of $94,344.15.
  • On Friday, October 20th, Metalmark Capital Ii Llc sold 130,000 shares of Jones Energy stock. The stock was sold at an average price of $1.38, for a total transaction of $179,400.00.
  • On Wednesday, October 18th, Metalmark Capital Ii Llc sold 54,723 shares of Jones Energy stock. The stock was sold at an average price of $1.27, for a total transaction of $69,498.21.
  • On Monday, October 16th, Metalmark Capital Ii Llc sold 100,873 shares of Jones Energy stock. The stock was sold at an average price of $1.40, for a total transaction of $141,222.20.

Shares of Jones Energy, Inc. (NYSE:JONE) opened at $1.09 on Tuesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.56 and a quick ratio of 0.56. Jones Energy, Inc. has a one year low of $0.85 and a one year high of $5.34.

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A number of hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp raised its stake in shares of Jones Energy by 16.6% during the first quarter. Bank of New York Mellon Corp now owns 345,619 shares of the oil and gas producer’s stock valued at $881,000 after purchasing an additional 49,175 shares in the last quarter. Swiss National Bank raised its stake in shares of Jones Energy by 8.7% during the first quarter. Swiss National Bank now owns 97,215 shares of the oil and gas producer’s stock valued at $248,000 after purchasing an additional 7,815 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Jones Energy by 11.1% during the first quarter. Parametric Portfolio Associates LLC now owns 41,601 shares of the oil and gas producer’s stock valued at $106,000 after purchasing an additional 4,170 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of Jones Energy by 4.1% during the first quarter. TIAA CREF Investment Management LLC now owns 150,239 shares of the oil and gas producer’s stock valued at $383,000 after purchasing an additional 5,947 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in shares of Jones Energy by 8.7% during the first quarter. California Public Employees Retirement System now owns 318,397 shares of the oil and gas producer’s stock valued at $812,000 after purchasing an additional 25,597 shares in the last quarter. Institutional investors own 56.85% of the company’s stock.

Several equities analysts recently issued reports on JONE shares. Stephens cut Jones Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Zacks Investment Research cut Jones Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 25th. J P Morgan Chase & Co cut Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price objective on the stock. in a research note on Thursday, July 20th. Finally, ValuEngine cut Jones Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $3.96.

About Jones Energy

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

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