Antero Resources Corp’s recent filing unveils that its Director Keenan W Howard JR unloaded Company’s shares for reported $28.4 million on Feb 19 ’25. In the deal valued at $40.57 per share,700,000 shares were sold. As a result of this transaction, Keenan W Howard JR now holds 1,100,000 shares worth roughly $41.69 million.
Then, Keenan W Howard JR sold 200,000 shares, generating $7,952,560 in total proceeds. Upon selling the shares at $39.76, the Director now owns 1,800,000 shares.
Before that, Mutschler Jacqueline C sold 12,746 shares. Antero Resources Corp shares valued at $514,301 were divested by the Director at a price of $40.35 per share. As a result of the transaction, Mutschler Jacqueline C now holds 60,362 shares, worth roughly $2.29 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 Friday, Antero Resources Corp [NYSE:AR] saw its stock fall -0.66% to $37.90. Over the last five days, the stock has lost -4.87%. Antero Resources Corp shares have risen nearly 8.13% since the year began. Nevertheless, the stocks have risen 47.87% over the past one year. While a 52-week high of $41.53 was reached on 01/22/25, a 52-week low of $24.43 was recorded on 01/03/25. SMA at 50 days reached $36.80, while 200 days put it at $31.81.
Levels Of Support And Resistance For AR Stock
The 24-hour chart illustrates a support level at 37.26, which if violated will result in even more drops to 36.61. On the upside, there is a resistance level at 38.57. A further resistance level may holdings at 39.23. The Relative Strength Index (RSI) on the 14-day chart is 46.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.65%. Stochastics %K at 32.95% indicates the stock is a holding.
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.
