Top Institutional Investors That Own Callon Petroleum Company (CPE)

Callon Petroleum Company (NYSE:CPE) is at least 20.88% than its current record low price of $9.34. There was a 3.67% gain on 07/09/2018 that led the price to move at $11.29. At recent session, the prices were hovering between $10.88 and $11.33. This company shares are 47.74% off its target price of $16.68 and the current market capitalization stands at $2.54B. The recent change has given its price a -5.84% deficit over SMA 50 and -22.94% deficit over its 52-week high. The stock witnessed 8.87% gains, -5.36% declines and -8.8% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CPE’s volatility during a week at 3.39% and during a month it has been found around 3.97%.

Callon Petroleum Company (CPE) Top Holders

Institutional investors currently hold around $2.91 billion or 0% in CPE stock. Look at its top three institutional owners. Blackrock Inc. owns $235.36 million in Callon Petroleum Company, which represents roughly 9.27% of the company’s market cap and approximately 8.1% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 18,336,769 shares of the stock are valued at $199.69 million. The third largest holder is Vanguard Group Inc, which currently holds $189.53 million worth of this stock and that ownership represents nearly 7.46% of its market capitalization.

Callon Petroleum Company 13F Filings

At the end of March reporting period, 154 institutional holders increased their position in Callon Petroleum Company (NYSE:CPE) by some 27,513,660 shares, 139 decreased positions by 24,768,418 and 40 held positions by 214,628,149. That puts total institutional holdings at 266,910,227 shares, according to SEC filings. The stock grabbed 44 new institutional investments totaling 6,967,692 shares while 27 institutional investors sold out their entire positions totaling 6,129,868 shares.

Callon Petroleum Company (NYSE:CPE) Insider Trades

Multiple company employees have indulged in significant insider trading. Callon Petroleum Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Vice President of Land Weant Jerry A has sold 4,000 shares of Callon Petroleum Company (CPE) in trading session dated Feb. 14, 2017. These shares are worth $57,800 and were traded at $14.45 each. The SEC filing shows that Weant Jerry A performed a purchase of 1,000 shares. The Vice President of Land added these shares by way of transaction on Jan. 13, 2016. The company’s shares were assimilated at $6 per share worth to an investment of some $6,000 on account of Weant Jerry A.

Vice President of Land, Weant Jerry A, purchased 1,000 common shares of Callon Petroleum Company (CPE) in the open market. In a transaction dated Jan. 11, 2016, the shares were bought at an average price of $6.75, giving away a sum of $6,750. After this purchase, 3,000 common shares of CPE are directly owned by the insider, with total stake valued at $33,870.

In the transaction dated Jan. 06, 2016, the great number of shares acquired came courtesy the Director; Bob Matthew Regis added a total of 7,000 shares at an average price of $7.5, amounting to approximately $52,500. The insider now directly owns 23,184 shares worth $261,747.

Callon Petroleum Company (CPE) Analyst Guide

Several analysts have released their opinion on Callon Petroleum Company (NYSE:CPE), with 14 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.35 average brokerage recommendation.