Antero Resources Corp’s filing revealed that its insider Pearce Sheri unloaded Company’s shares for reported $0.35 million on Mar 12 ’25. In the deal valued at $35.60 per share,9,830 shares were sold. As a result of this transaction, Pearce Sheri now holds 81,887 shares worth roughly $3.19 million.
Then, Keenan W Howard JR sold 700,000 shares, generating $28,395,850 in total proceeds. Upon selling the shares at $40.57, the Director now owns 1,100,000 shares.
Before that, Keenan W Howard JR sold 200,000 shares. Antero Resources Corp shares valued at $7,952,560 were divested by the Director at a price of $39.76 per share. As a result of the transaction, Keenan W Howard JR now holds 1,800,000 shares, worth roughly $70.02 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 Monday, Antero Resources Corp [NYSE:AR] saw its stock jump 3.54% to $38.90. Over the last five days, the stock has gained 12.14%. Antero Resources Corp shares have risen nearly 10.98% since the year began. Nevertheless, the stocks have risen 49.27% over the past one year. While a 52-week high of $41.53 was reached on 01/22/25, a 52-week low of $24.53 was recorded on 03/07/25. SMA at 50 days reached $37.91, while 200 days put it at $31.96.
Levels Of Support And Resistance For AR Stock
The 24-hour chart illustrates a support level at 38.00, which if violated will result in even more drops to 37.09. On the upside, there is a resistance level at 39.46. A further resistance level may holdings at 40.01. The Relative Strength Index (RSI) on the 14-day chart is 59.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.12%. Stochastics %K at 85.02% 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 2025-02-28, growing by 0.15 million shares to a total of 9.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.35 million shares. There was a rise of 1.63%, which implies that there is a positive 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.
