Approach Resources Inc (NASDAQ:AREX): Negative Stock Sentiment at 0.83

Positions for Approach Resources Inc (NASDAQ:AREX)

In 2018 Q3 Approach Resources Inc (NASDAQ:AREX) big money sentiment decreased to 0.83, revealed SEC filings. So its down -0.21, from 2018Q2’s 1.04. 25 institutional investors increased or started new equity positions, while 30 trimmed and sold equity positions in Approach Resources Inc so the sentiment worsened. Funds own 18.30 million shares, down from 25.54 million shares in 2018Q2. Funds holding Approach Resources Inc in top 10 changed to 1 from 1 for the same number . 7 Investors Sold All; 23 Reduced Holdings; 19 increased stakes while 6 institutional investors bought stakes.

Most Approach Resources Inc Shareholders

As of 2018 Q3 Lubar & Co. Inc has 2.75% invested in Approach Resources Inc. As of 2018 Q3, 1.86 million shares of Approach Resources Inc are owned by New Generation Advisors Llc. Bridgeway Capital Management Inc reported 1.01 million shares. The United Kingdom-based fund Gsa Capital Partners Llp have invested about 0.02% of the fund’s stock portfolio in Approach Resources Inc. The New York-based fund First Manhattan Co looks positive on Approach Resources Inc, having 641,201 shares.

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States.The firm is valued at $88.48 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas.3.64 is the P/E ratio. It also owns interests in east Texas Basin.

AREX is hitting $0.969 during the last trading session, after increased 0.90%.Currently Approach Resources, Inc. is downtrending after 50.00% change in last February 6, 2018. AREX has 74,101 shares volume. The stock underperformed the S&P 500 by 50.00%.

On March, 14. Investors wait Approach Resources, Inc. (NASDAQ:AREX) to report its quarterly earnings, Zacks reports. Analysts predict $-0.05 EPS. That’s $0.02 up or 28.57 % from 2018’s earnings of $-0.07. Last quarter $-0.04 EPS was reported. Analysts forecasts 25.00 % negative EPS growth this quarter.

Ameritas Inv Ptnrs holds 3,777 shs. New York State Common Retirement Fund stated it has 45,800 shs or 0% of all its holdings. Moors And Cabot has 0% invested in Approach Resources, Inc. (NASDAQ:AREX) for 17,500 shs. 161,294 are held by Dimensional Fund Lp. Lpl Fincl Ltd Limited Liability Company holds 0% of its capital in Approach Resources, Inc. (NASDAQ:AREX) for 23,500 shs. Citadel Advsr Ltd Llc invested in 29,945 shs. Pnc Fincl Svcs Grp invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Bridgeway invested in 1.01M shs. Invesco Limited holds 208,353 shs or 0% of its capital. Deutsche Bancorp Ag, Germany-based fund reported 91,242 shs. California Pub Employees Retirement Systems accumulated 1.16M shs. 1.86 million were reported by New Generation Advisors Ltd Liability Corp. Schwab Charles Invest Management stated it has 96,530 shs. Blackrock holds 3.49M shs. Lubar Company invested in 2.75% or 1.00 million shs.

Approach Resources, Inc. registered $42,597 net activity with 0 insider purchases and 2 selling transactions since December 13, 2018. On Friday, December 28 Krylov Sergei also sold $17,597 worth of Approach Resources, Inc. (NASDAQ:AREX).

For more Approach Resources, Inc. (NASDAQ:AREX) news published recently go to: Zacks.com, Nasdaq.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “Approach Resources (AREX) Reports Q2 Loss, Tops Revenue Estimates – Zacks.com” published on August 02, 2018, “Factors of Influence in 2019, Key Indicators and Opportunity within Wright Medical Group NV, MSA Safety Incorporporated, Minerva Neurosciences, OSI, Argan, and Approach Resources — New Research Emphasizes Economic Growth – Nasdaq” on February 05, 2019, “Approach Resources (AREX) Reports Q3 Loss, Tops Revenue Estimates – Nasdaq” with a publish date: November 08, 2018, “5 Oil Stocks to Buy Ahead of Crucial OPEC-Russia Meeting – Nasdaq” and the last “5 of the Best Oil Stocks to Buy in 2019 – Nasdaq” with publication date: December 31, 2018.

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