Antero Resources Corp’s recent filing unveils that its insider Schultz Yvette K unloaded Company’s shares for reported $1.26 million on Aug 05 ’24. In the deal valued at $25.24 per share,50,000 shares were sold. As a result of this transaction, Schultz Yvette K now holds 248,363 shares worth roughly $9.11 million.
Then, Yvette Schultz bought 50,000 shares, generating $1,261,813 in total proceeds.
Before that, Pearce Sheri sold 16,377 shares. Antero Resources Corp shares valued at $581,384 were divested by the insider at a price of $35.50 per share. As a result of the transaction, Pearce Sheri now holds 77,460 shares, worth roughly $2.84 million.
Wells Fargo upgraded its Antero Resources Corp [AR] rating to an Equal weight from a an Underweight in a research note published on December 17, 2024; the price target was increased to $32 from $24. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. UBS began covering AR with “Neutral” recommendation on October 16, 2024. Wells Fargo revised its rating on October 01, 2024. It rated AR as “an Underweight” which previously was an “an Overweight”.
Price Performance Review of AR
On Tuesday, Antero Resources Corp [NYSE:AR] saw its stock jump 1.86% to $36.68. Over the last five days, the stock has gained 3.27%. Antero Resources Corp shares have risen nearly 4.65% since the year began. Nevertheless, the stocks have risen 57.76% over the past one year. While a 52-week high of $36.33 was reached on 01/07/25, a 52-week low of $20.56 was recorded on 01/03/25. SMA at 50 days reached $31.44, while 200 days put it at $30.48.
Levels Of Support And Resistance For AR Stock
The 24-hour chart illustrates a support level at 36.11, which if violated will result in even more drops to 35.55. On the upside, there is a resistance level at 37.04. A further resistance level may holdings at 37.41. The Relative Strength Index (RSI) on the 14-day chart is 69.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.54%. Stochastics %K at 89.68% indicates the stock is a selling.
How much short interest is there in Antero Resources Corp?
A steep rise in short interest was recorded in Antero Resources Corp stocks on 2024-12-13, dropping by -0.19 million shares to a total of 9.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 9.69 million shares. There was a decline of -2.0%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 17, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $29 price target.
