Top Institutional Investors That Own WildHorse Resource Development Corporation (WRD)

WildHorse Resource Development Corporation (NYSE:WRD) is at least 143.82% than its current record low price of $10.36. There was a 0.36% gain on 05/16/2018 that led the price to move at $25.26. At recent session, the prices were hovering between $24.66 and $25.52. This company shares are -0.04% up from its target price of $25.25 and the current market capitalization stands at $2.65B. The recent change has given its price a 17.19% lead over SMA 50 and -14.86% deficit over its 52-week high. The stock witnessed 7.26% gains, 48.85% gains and 64.45% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WRD’s volatility during a week at 8.57% and during a month it has been found around 5.24%.

WildHorse Resource Development Corporation (WRD) Top Holders

Institutional investors currently hold around $2.61 billion or 0% in WRD stock. Look at its top three institutional owners. G.F.W. Energy Xi, L.P. owns $1.26 billion in WildHorse Resource Development Corporation, which represents roughly 47.64% of the company’s market cap and approximately 48.39% of the institutional ownership. Similar statistics are true for the second largest owner, G.F.W. Energy X, L.P., which owns 21,200,084 shares of the stock are valued at $533.61 million. The third largest holder is Kohlberg Kravis Roberts & Co. L.P., which currently holds $106.93 million worth of this stock and that ownership represents nearly 4.04% of its market capitalization.

WildHorse Resource Development Corporation 13F Filings

At the end of 03/31/2018 reporting period, 64 institutional holders increased their position in WildHorse Resource Development Corporation (NYSE:WRD) by some 4,736,800 shares, 48 decreased positions by 5,496,572 and 15 held positions by 93,406,994. That puts total institutional holdings at 103,640,366 shares, according to SEC filings. The stock grabbed 31 new institutional investments totaling 2,672,886 shares while 17 institutional investors sold out their entire positions totaling 1,727,663 shares.

WildHorse Resource Development Corporation (NYSE:WRD) Insider Trades

Multiple company employees have indulged in significant insider trading. WildHorse Resource Development Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO Graham Jay Carlton has acquired 52,000 shares of WildHorse Resource Development Corporation (WRD) in trading session dated May. 31, 2017. These shares are worth $628,680 and were traded at $12.09 each. The SEC filing shows that Bahr Anthony Franklin performed a purchase of 143,526 shares. The President added these shares by way of transaction on May. 19, 2017. The company’s shares were assimilated at $12.67 per share worth to an investment of some $1,818,474 on account of Bahr Anthony Franklin.

, Habachy Steve Saad, purchased 80,691 common shares of WildHorse Resource Development Corporation (WRD) in the open market. In a transaction dated May. 19, 2017, the shares were bought at an average price of $12.4, giving away a sum of $1,000,568. After this purchase, 80,691 common shares of WRD are directly owned by the insider, with total stake valued at $2,038,255.

In the transaction dated May. 18, 2017, the great number of shares acquired came courtesy the Director; Clarkson Jonathan M added a total of 6,000 shares at an average price of $12.51, amounting to approximately $75,060. The insider now directly owns 16,000 shares worth $404,160.

WildHorse Resource Development Corporation (WRD) Analyst Guide

Several analysts have released their opinion on WildHorse Resource Development Corporation (NYSE:WRD), with 8 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 0 strong sell ratings, collectively assigning a 1.4 average brokerage recommendation.