Antero Midstream Corporation (NYSE:AM) recovered 3.97% of its value since hitting low of $8.69. The recent move of 2.73% gain helped the stock to close at $9.04 when trading ended on 7/30/2019. At a recent session, the prices were hovering between $8.74 and $9.215. This company shares are 73.56% off its target price of $15.69 and the current market capitalization stands at $5.05B. The recent change has given its price a -23.82% deficit over SMA 50 and -53.9% deficit over its 52-week high. The stock witnessed -21.12% declines, -25.96% declines and -33.28% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AM’s volatility during a week at 6.64% and during a month it has been found around 3.5%.

What Does Antero Midstream Corporation (AM) Do?

The company describes itself in regulatory filings as, “Antero Midstream Corp. engages in the investments activities with interest in Antero Midstream. The company was founded on September 23, 2013 and is headquartered in Denver, CO.” [Text can be found here: https://www.marketwatch.com/investing/stock/AM/profile under company description.]

Antero Midstream Corporation (AM) Top Holders

Institutional investors currently hold around $2.64 billion or 56.1% in AM stock. Look at its top three institutional owners: Warburg Pincus Llc owns $484.96 million in Antero Midstream Corporation, which represents roughly 9.6% of the company’s market cap and approximately 18.38% of the institutional ownership. Similar statistics are true for the second largest owner, Tortoise Capital Advisors, L.L.C., which owns 34,795,923 shares of the stock are valued at $306.2 million. The third largest holder is Neuberger Berman Group Llc, which currently holds $167.2 million worth of this stock and that ownership represents nearly 3.31% of its market capitalization.

Antero Midstream Corporation 13F Filings

At the end of March reporting period, 165 institutional holders increased their position in Antero Midstream Corporation (NYSE:AM) by some 77,373,218 shares, 74 decreased positions by 24,206,846 and 13 held positions by 198,267,527. That puts total institutional holdings at 299,847,591 shares, according to SEC filings. The stock grabbed 55 new institutional investments totaling 6,319,712 shares while 41 institutional investors sold out their entire positions totaling 3,923,349 shares.

Antero Midstream Corporation (NYSE:AM) Insider Trades

Multiple company employees have indulged in significant insider trading. Antero Midstream Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Yoo K. Phil has sold 20,000 shares of Antero Midstream Corporation (AM) in the trading session dated May. 23, 2019. These shares are worth $263,400 and were traded at $13.17 each. The SEC filing shows that YORKTOWN ENERGY PARTNERS V LP performed a sale of 483,200 shares. The Director, 10% Owner disposed these shares by way of transaction on May. 21, 2019. The company’s shares were given away at $12.61 per share worth to an income of some $6,093,152 to the account of YORKTOWN ENERGY PARTNERS V LP.

Director, 10% Owner, Yorktown VIII Associates LLC, sold 1,825,600 common shares of Antero Midstream Corporation (AM) in the open market. In a transaction dated May. 21, 2019, the shares were put up for sale at an average price of $12.61, raking in a sum of $23,020,816. After this sale, 5,266,099 common shares of AM are directly owned by the insider, with total stake valued at $47,605,535.

In the transaction dated May. 21, 2019, a great number of shares sold came courtesy the Director, 10% Owner; Yorktown VII Associates LLC disposed a total of 1,183,600 shares at an average price of $12.61, amounting to approximately $14,925,196. The insider now directly owns 3,412,464 shares worth $30,848,675.

Antero Midstream Corporation (AM) Analyst Guide

Several analysts have released their opinion on Antero Midstream Corporation (NYSE:AM), with 3 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 6 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.67 average brokerage recommendation [T1].