Bonanza Creek Energy Inc. (BCEI) Stock Ownership And Insider News

Bonanza Creek Energy Inc. (NYSE:BCEI) reached 22.5% versus a 1-year low price of $23.33. The stock was last seen 6.48% higher, reaching at $28.58 on 12/11/2017. At recent session, the prices were hovering between $26.5014 and $28.68. This company shares are 17.63% off its target price of $33.62 and the current market capitalization stands at $584.15M. The recent change has given its price a -10.21% deficit over SMA 50 and -92.42% deficit over its 52-week high. The stock witnessed -12.36% declines, -2.06% declines and -18.85% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BCEI’s volatility during a week at 5.55% and during a month it has been found around 5.45%.

Bonanza Creek Energy Inc. (BCEI) Top Holders

Institutional investors currently hold around $501 million or 98.7% in BCEI stock. Look at its top three institutional owners. Whitebox Advisors Llc owns $62.29 million in Bonanza Creek Energy Inc., which represents roughly 10.66% of the company’s market cap and approximately 12.43% of the institutional ownership. Similar statistics are true for the second largest owner, Mangrove Partners, which owns 1,702,500 shares of the stock are valued at $45.7 million. The third largest holder is Apollo Management Holdings, L.P., which currently holds $29.77 million worth of this stock and that ownership represents nearly 5.1% of its market capitalization.

Bonanza Creek Energy Inc. 13F Filings

At the end of 09/30/2017 reporting period, 60 institutional holders increased their position in Bonanza Creek Energy Inc. (NYSE:BCEI) by some 2,884,768 shares, 33 decreased positions by 2,823,186 and 10 held positions by 12,953,476. That puts total institutional holdings at 18,661,430 shares, according to SEC filings. The stock grabbed 17 new institutional investments totaling 758,233 shares while 16 institutional investors sold out their entire positions totaling 1,422,541 shares.

Bonanza Creek Energy Inc. (NYSE:BCEI) Insider Trades

Multiple company employees have indulged in significant insider trading. Bonanza Creek Energy Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Whitebox Advisors Llc has sold 500,000 shares of Bonanza Creek Energy Inc. (BCEI) in trading session dated Nov. 17, 2017. These shares are worth $16,005,000 and were traded at $32.01 each. The SEC filing shows that Whitebox Advisors Llc performed a sale of 20,237 shares. The 10% Owner disposed these shares by way of transaction on May. 01, 2017. The company’s shares were given away at $39.22 per share worth to an income of some $793,695 on account of Whitebox Advisors Llc.

10% Owner, Fir Tree Inc., sold 5,574,509 common shares of Bonanza Creek Energy Inc. (BCEI) in the open market. In a transaction dated Apr. 28, 2017, the shares were put up for sale at an average price of $0.53, raking in a sum of $2,954,490.

In the transaction dated Jan. 05, 2017, the great number of shares acquired came courtesy the 10% Owner; Fir Tree Inc. added a total of 3,618,922 shares at an average price of $1.34, amounting to approximately $4,849,355. The insider now directly owns 8,586,485 shares worth $245,401,741.

Bonanza Creek Energy Inc. (BCEI) Analyst Guide

Several analysts have released their opinion on Bonanza Creek Energy Inc. (NYSE:BCEI), with 0 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 3.67 average brokerage recommendation.

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