How Have Insiders Been Trading Antero Resources Corporation (AR) Stock?

Antero Resources Corporation (NYSE:AR) saw an upside of 2.55% to close Monday at $27.78 after adding $0.69 on the day. The 5-day average trading volume is 4,821,720 shares of the company’s common stock. It has gained $28.16 in the past week and touched a new high 3 times within the past 5 days. An average of 5,585,870 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,583,796.

AR’s 1-month performance is 14.60% or $3.54 on its low of $23.82 reached on 07/26/23. The company’s shares have touched a 52-week low of $19.91 and high of $45.33, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, AR has lost -10.36% or -$3.21 and has reached a new high 2 times. However, the current price is down -38.72% from the 52-week high price.

Insider Transactions

AR stock investors last saw insider trading activity on May 05.Kennedy Michael N. () most recently sold 150,000 shares at $21.07 per share on May 05. This transaction cost the insider $3,160,500. Director, Keenan W Howard JR, sold 779,755 shares at a price of $31.34 on Dec 07. Then, on Dec 06, Director Keenan W Howard JR sold 220,245 shares at a price of $31.16 per share. This transaction amounted to $6,862,284.

Valuation Metrics

AR stock has a beta of 3.46. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.31 while the price-to-book (PB) in the most recent quarter is 1.22, with the price to cash flow ratio at 8.92.

Antero Resources Corporation’s quick ratio for the period ended June 29 was 0.30, with the current ratio over the same period at 0.30. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.22, while the total debt to equity was 0.22. In terms of profitability, the gross margin trailing 12 months is 77.20%. The trailing 12-month EBITDA margin is 57.69% while for the period ending June 29, Antero Resources Corporation’s operating margin was 29.60%. The firm’s gross profit as reported stood at $2.57 billion against revenue of $7.14 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 1020.97% to -$83.08 million, while revenue of $213.43 million was 356.9% off the previous quarter. Analysts expected AR to announce -$0.28 per share in earnings in its latest quarter, but it posted -$0.28, representing a 0.00% surprise. EBITDA for the quarter stood at more than $76.92 million. AR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.7 billion, with total debt at $4.76 billion. Shareholders hold equity totaling $300.38 million.

Let’s look briefly at Antero Resources Corporation (AR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 58.96% to suggest the stock is trending Neutral, with historical volatility in this time period at 30.85%.

The stock’s 5-day moving average is $27.42, reflecting a -0.07% or -$0.02 change from its current price. AR is currently trading +13.76% above its 20-day SMA, +25.14% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +26.85% and SMA200 by-22.92%.

Stochastic %K and %D was 41.04% and 40.64% and the average true range (ATR) pointed at 0.99. The RSI (14) points at 60.73%, while the 14-day stochastic is at 48.01% with the period’s ATR at 0.99. The stock’s 9-day MACD Oscillator is pointing at -0.17 and -0.08 on the 14-day charts.