SRC Energy Inc. (NYSE:SRCI) is now up 10.11% compared to a 12-month low of $4.01. We have seen the price to move -7.16% lower and get settled at $4.41 on 6/5/2019. At recent session, it appeared stuck in a range of $4.56 to $4.85. This company shares are 99.77% off its target price of $8.81 and the current market capitalization stands at $1.07B. The recent change has given its price a -22.11% deficit over SMA 50 and -64.12% deficit over its 52-week high. The stock witnessed -25.63% declines, -7.93% declines and -23.57% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SRCI’s volatility during a week at 7.15% and during a month it has been found around 5.59%.

SRC Energy Inc. (SRCI) Top Holders

Institutional investors currently hold around $1.2 billion or 0% in SRCI stock. Look at its top three institutional owners: Blackrock Inc. owns $171.96 million in SRC Energy Inc., which represents roughly 16.07% of the company’s market cap and approximately 14.28% of the institutional ownership. Similar statistics are true for the second largest owner, Sailingstone Capital Partners Llc, which owns 25,455,839 shares of the stock are valued at $120.92 million. The third largest holder is Vanguard Group Inc, which currently holds $120.82 million worth of this stock and that ownership represents nearly 11.29% of its market capitalization.

SRC Energy Inc. 13F Filings

At the end of March reporting period, 108 institutional holders increased their position in SRC Energy Inc. (NYSE:SRCI) by some 28,184,723 shares, 109 decreased positions by 31,194,229 and 32 held positions by 194,095,017. That puts total institutional holdings at 253,473,969 shares, according to SEC filings. The stock grabbed 28 new institutional investments totaling 10,212,482 shares while 32 institutional investors sold out their entire positions totaling 6,571,998 shares.

SRC Energy Inc. (NYSE:SRCI) Insider Trades

Multiple company employees have indulged in significant insider trading. SRC Energy Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, Chief Development Officer Spence Nicholas has acquired 10,000 shares of SRC Energy Inc. (SRCI) in the trading session dated Nov. 06, 2018. These shares are worth $75,700 and were traded at $7.57 each. The SEC filing shows that Peterson Lynn A performed a purchase of 20,000 shares. The President, CEO added these shares by way of transaction on Aug. 14, 2018. The company’s shares were assimilated at $9.26 per share worth to an investment of some $185,200 to the account of Peterson Lynn A.

EVP & CFO, Henderson James P, purchased 10,000 common shares of SRC Energy Inc. (SRCI) in the open market. In a transaction dated Aug. 14, 2018, the shares were bought at an average price of $9.26, giving away a sum of $92,600. After this purchase, 252,412 common shares of SRCI are directly owned by the insider, with total stake valued at $1,113,137.

In the transaction dated Jun. 08, 2017, a great number of shares acquired came courtesy the COO-Dev; Spence Nicholas added a total of 8,000 shares at an average price of $6.45, amounting to approximately $51,600. The insider now directly owns 110,322 shares worth $486,520.

SRC Energy Inc. (SRCI) Analyst Guide

Several analysts have released their opinion on SRC Energy Inc. (NYSE:SRCI), with 6 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 10 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.04 average brokerage recommendation [T1].