Why Insiders Are Active in Hepion Pharmaceuticals Inc. (HEPA) and Parsley Energy Inc. (PE)?

The recent price movement of HEPA means that it is now down by -92.70% from its 52-week high and 70.99% up against its 52-week low prices. Over the past one week, the price volatility of HEPA stands at 25.12% while the volatility over the past one month is 14.15%. The beta score for this stock is 0.90. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 08/28/2019 published its latest quarterly earnings, with the report showing that the company recorded -11.2 earnings per share (EPS) during that period. This report was above the expectations of analysts of -39.2 by 28.

The shares of Hepion Pharmaceuticals Inc. (HEPA) dropped by -4.47%, leading to a loss of -$0.16 per share, and saw HEPA end the trading session at $3.42 on Friday 10/18/19. HEPA started the trading session at $3.27, before reaching a daily high of $3.70. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $3.05.

The trading volume on Friday stood at 2080866, which was below the stock’s 3-month average volume of 771.05K shares, out of a total 3.34M shares. As the price of the stock dipped, the market valuation of the company dropped to 12.41 million.

The shares of Parsley Energy Inc. (NYSE: PE) went down by -4.58% by the end of the recent trading session. This movement saw its price plunge to close at $15.41, which was lower than the previous closing price of $16.15. Over the past one week, the price of PE has slipped by -9.19%, while it has recorded a loss of -17.46% over the past one month. Its three-month performance saw PE lose -7.06% while its six-month performance saw it drop by -29.21%. The situation is different though over the past one year, as the stock price went down by -46.51%, while its year-to-date (YTD) price performance slipped by -3.57%. The stock price has gone up by +12.32% compared to its 90-day low, while it is down -25.91% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 7,173,190 shares, with the short-term indicators averagely rating the stock as a 100% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 5,476,412 shares and the indicators have an average rating of 100% Sell. The last indicators, the long-term see PE stock with a 100-Day average volume of 5,142,978 shares, giving it an average rating of 100% Sell. A look at the general picture of all short, medium and long-term indicators leaves PE with an average rating of 100% Sell.

Several brokerage firms sent out their reports PE stock not long ago. In its report sent out on September 16, 2019, Mizuho lowered its ratings on PE from a Neutral to a Buy. In an earlier report on September 10, 2019, BofA/Merrill Reiterated the stock to a Buy. MKM Partners meanwhile in its report on August 27, 2019 Initiated its rating of the stock to “Buy”.

In related news to the company’s stock, around 97.00% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 406 institutions currently hold the PE stock. In the last quarter, a 284,702,483 PE shares were in the possession of institutions. On the other hand, the company recorded 51 new institutions who bought it their stock, while 53 institutions sold their entire PE reserve. Of the current institutions investing in the stock, 196 increased their investment while 159 decreased their investment in the stock.