Hallador Energy Company (NASDAQ:HNRG – Get Free Report) Director Daniel Timothy Hudson bought 2,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average price of $17.70 per share, with a total value of $35,400.00. Following the acquisition, the director directly owned 5,000 shares in the company, valued at $88,500. The trade was a 66.67% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
Daniel Timothy Hudson also recently made the following trade(s):
- On Wednesday, June 24th, Daniel Timothy Hudson bought 3,000 shares of Hallador Energy stock. The stock was purchased at an average cost of $17.04 per share, for a total transaction of $51,120.00.
Hallador Energy Stock Down 3.4%
NASDAQ:HNRG opened at $17.53 on Friday. The stock’s fifty day moving average is $17.65 and its two-hundred day moving average is $18.26. Hallador Energy Company has a 52 week low of $14.68 and a 52 week high of $24.70. The stock has a market capitalization of $826.19 million, a price-to-earnings ratio of 33.08 and a beta of 0.22.
Institutional Trading of Hallador Energy
Large investors have recently modified their holdings of the stock. AQR Capital Management LLC raised its stake in shares of Hallador Energy by 1.9% in the first quarter. AQR Capital Management LLC now owns 103,534 shares of the energy company’s stock valued at $1,271,000 after acquiring an additional 1,950 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Hallador Energy by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,193 shares of the energy company’s stock valued at $187,000 after purchasing an additional 624 shares during the period. Millennium Management LLC grew its stake in Hallador Energy by 1,233.6% during the 1st quarter. Millennium Management LLC now owns 486,532 shares of the energy company’s stock worth $5,975,000 after purchasing an additional 450,049 shares in the last quarter. Empowered Funds LLC grew its stake in Hallador Energy by 5.5% during the 1st quarter. Empowered Funds LLC now owns 246,106 shares of the energy company’s stock worth $3,022,000 after purchasing an additional 12,921 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in Hallador Energy during the 1st quarter worth about $807,000. Hedge funds and other institutional investors own 61.38% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on HNRG. Weiss Ratings upgraded Hallador Energy from a “sell (d-)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Hallador Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Jefferies Financial Group upgraded shares of Hallador Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 26th. B. Riley Financial raised shares of Hallador Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $23.00 to $27.00 in a research report on Friday, March 13th. Finally, Northland Securities raised their price objective on shares of Hallador Energy from $29.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $26.62.
Read Our Latest Analysis on HNRG
About Hallador Energy
Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.
Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.
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