Daniel Timothy Hudson Buys 10,000 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy Company (NASDAQ:HNRG) Director Daniel Timothy Hudson bought 10,000 shares of the stock in a transaction on Monday, June 29th. The stock was purchased at an average cost of $16.94 per share, with a total value of $169,400.00. Following the acquisition, the director owned 15,000 shares in the company, valued at approximately $254,100. This represents a 200.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Daniel Timothy Hudson also recently made the following trade(s):

• On Thursday, June 25th, Daniel Timothy Hudson purchased 2,000 shares of Hallador Energy stock. The shares were purchased at an average cost of $17.70 per share, for a total transaction of $35,400.00.
• On Wednesday, June 24th, Daniel Timothy Hudson purchased 3,000 shares of Hallador Energy stock. The shares were purchased at an average price of $17.04 per share, for a total transaction of $51,120.00.

Hallador Energy Price Performance

Hallador Energy stock opened at $16.79 on Thursday. The business has a 50 day moving average of $17.72 and a 200-day moving average of $18.13. The company has a market capitalization of $791.31 million, a P/E ratio of 31.68 and a beta of 0.24. Hallador Energy Company has a 1 year low of $14.68 and a 1 year high of $24.70.

Hallador Energy (NASDAQ:HNRG) last posted its earnings results on Wednesday, May 6th. The energy company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.04). Hallador Energy had a return on equity of 14.25% and a net margin of 4.98%.The business had revenue of $101.81 million for the quarter, compared to analyst estimates of $102.28 million. Equities analysts anticipate that Hallador Energy Company will post 0.16 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in HNRG. Value Aligned Research Advisors LLC raised its position in shares of Hallador Energy by 1,038.2% during the third quarter. Value Aligned Research Advisors LLC now owns 320,759 shares of the energy company’s stock worth $6,277,000 after purchasing an additional 292,577 shares during the period. Lubar & Co. Inc acquired a new stake in Hallador Energy in the 4th quarter valued at $103,806,000. American Century Companies Inc. grew its position in Hallador Energy by 10.6% in the 3rd quarter. American Century Companies Inc. now owns 1,184,873 shares of the energy company’s stock valued at $23,188,000 after purchasing an additional 113,547 shares during the period. Apis Capital Advisors LLC increased its stake in Hallador Energy by 7.0% during the 4th quarter. Apis Capital Advisors LLC now owns 914,000 shares of the energy company’s stock valued at $17,403,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in Hallador Energy during the 4th quarter valued at $2,660,000. 61.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HNRG has been the topic of several analyst reports. Weiss Ratings raised shares of Hallador Energy from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. Northland Securities increased their price target on Hallador Energy from $29.00 to $34.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. B. Riley Financial raised shares of Hallador Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $23.00 to $27.00 in a research report on Friday, March 13th. Jefferies Financial Group upgraded shares of Hallador Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 26th. Finally, Wall Street Zen raised shares of Hallador Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Hallador Energy currently has a consensus rating of “Moderate Buy” and an average target price of $26.62.

About Hallador Energy

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.