Roan Resources, Inc. (NYSE:ROAN) is at least 11.2% than its current record low price of $3.66. There was a -3.55% decline on 4/24/2019 that led the price to move at $4.07. At a recent session, the prices were hovering between $4 and $4.35. This company shares are 198.03% off its target price of $12.13 and the current market capitalization stands at $620.84M. The recent change has given its price a -40.03% deficit over SMA 50 and -79.23% deficit over its 52-week high. The stock witnessed -31.6% declines, -60.29% declines and -77.17% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ROAN’s volatility during a week at 18.38% and during a month it has been found around 8.82%.

Roan Resources, Inc. (ROAN) Top Holders

Institutional investors currently hold around $453 million or 71.8% in ROAN stock. Look at its top three institutional owners: Jvl Advisors, L.L.C. owns $170.33 million in Roan Resources, Inc., which represents roughly 27.44% of the company’s market cap and approximately 37.6% of the institutional ownership. Similar statistics are true for the second largest owner, Elliott Associates, L.P., which owns 15,794,132 shares of the stock are valued at $66.65 million. The third largest holder is Fir Tree Capital Management Lp, which currently holds $62.09 million worth of this stock and that ownership represents nearly 10% of its market capitalization.

Roan Resources, Inc. 13F Filings

At the end of December reporting period, 60 institutional holders increased their position in Roan Resources, Inc. (NYSE:ROAN) by some 106,931,229 shares, 1 decreased positions by 1,000 and 2 held positions by 456,428. That puts total institutional holdings at 107,388,657 shares, according to SEC filings. The stock grabbed 59 new institutional investments totaling 106,922,629 shares while 1 institutional investors sold out their entire positions totaling 1,000 shares.

Multiple company employees have indulged in significant insider trading. Roan Resources, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO Maranto Tony has acquired 20,000 shares of Roan Resources, Inc. (ROAN) in the trading session dated Mar. 22, 2019. These shares are worth $121,600 and were traded at $6.08 each. The SEC filing shows that Bonanno Matthew W performed a sale of 78,587 shares. The Director disposed these shares by way of transaction on Dec. 06, 2018. The company’s shares were given away at $10.04 per share worth to an income of some $789,013 to the account of Bonanno Matthew W.

Roan Resources, Inc. (ROAN) Analyst Guide

Several analysts have released their opinion on Roan Resources, Inc. (NYSE:ROAN), with 1 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].