Legacy Capital Group California Inc. Makes New $641,000 Investment in Antero Resources Corporation $AR

Posted by Francis Steltz on Jul 15th, 2026

Legacy Capital Group California Inc. purchased a new position in shares of Antero Resources Corporation (NYSE:AR – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,106 shares of the oil and natural gas company’s stock, valued at approximately $641,000.

Other large investors have also made changes to their positions in the company. NewEdge Advisors LLC grew its position in Antero Resources by 16,498.3% during the first quarter. NewEdge Advisors LLC now owns 9,627 shares of the oil and natural gas company’s stock worth $389,000 after buying an additional 9,569 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Antero Resources by 7.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 590,555 shares of the oil and natural gas company’s stock valued at $23,882,000 after acquiring an additional 43,312 shares during the period. Focus Partners Wealth boosted its stake in shares of Antero Resources by 18.9% during the 1st quarter. Focus Partners Wealth now owns 19,921 shares of the oil and natural gas company’s stock worth $806,000 after acquiring an additional 3,169 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Antero Resources by 701.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,989 shares of the oil and natural gas company’s stock worth $120,000 after acquiring an additional 2,616 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Antero Resources by 22.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 36,500 shares of the oil and natural gas company’s stock worth $1,470,000 after acquiring an additional 6,700 shares during the period. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Insider Activity

In related news, insider Michael N. Kennedy sold 185,826 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $39.33, for a total transaction of $7,308,536.58. Following the transaction, the insider owned 1,085,192 shares of the company’s stock, valued at approximately $42,680,601.36. This represents a 14.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yvette K. Schultz sold 39,490 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $39.27, for a total transaction of $1,550,772.30. Following the sale, the insider owned 277,665 shares in the company, valued at approximately $10,903,904.55. This trade represents a 12.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

AR has been the subject of several research analyst reports. UBS Group dropped their price objective on Antero Resources from $56.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday. Truist Financial decreased their target price on Antero Resources from $56.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Barclays upped their target price on Antero Resources from $43.00 to $45.00 and gave the company an “equal weight” rating in a report on Wednesday, June 24th. Morgan Stanley cut their price target on Antero Resources from $56.00 to $48.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Finally, The Goldman Sachs Group lowered their price objective on shares of Antero Resources from $46.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Four analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $49.12.

Read Our Latest Analysis on AR

Antero Resources Stock Down 1.0%

AR opened at $33.95 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.32. The firm has a market cap of $10.52 billion, a P/E ratio of 11.02 and a beta of 0.33. Antero Resources Corporation has a 52 week low of $29.10 and a 52 week high of $45.75. The business’s fifty day simple moving average is $35.53 and its 200 day simple moving average is $36.34.

Antero Resources Company Profile

(Free Report)

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.