Approach Resources Inc (NASDAQ:AREX) Big Money Sentiment Index Increased in Q4 2018 to 0.97

Positions for Approach Resources Inc (NASDAQ:AREX)

In 2018 Q4 Approach Resources Inc (NASDAQ:AREX) big money sentiment increased to 0.97, according to Securities and Exchange Commission filings. So its up 0.14, from 2018Q3’s 0.83. 28 funds increased or started new positions, while 29 sold and decreased stakes in Approach Resources Inc so the sentiment is better. Funds own 20.95 million shares, up from 18.30 million shares in 2018Q3. Funds holding Approach Resources Inc in top 10 was flat from 1 to 1 for the same number . In total 6 funds closed positions, 23 reduced and 13 increased. Also 15 funds bought new Approach Resources Inc stakes.

Largest Approach Resources Inc Investors

As of 2018 Q4 New Generation Advisors Llc has 0.99% invested in Approach Resources Inc. Approach Resources Inc’s shareholder Lubar & Co. Inc owns 1.00 million shares as of 2018 Q4. Kayne Anderson Capital Advisors Lp reported 4.53 million shares. Bridgeway Capital Management Inc revealed 1.01 million shares position in Approach Resources Inc. The Illinois-based fund Guggenheim Capital Llc looks positive on Approach Resources Inc, owning 952,378 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 worth $41.14 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas.Last it reported negative earnings. It also owns interests in east Texas Basin.

The stock decreased 9.92% or $0.0496 during the last trading session, hitting $0.4505.Approach Resources, Inc. is downtrending after having declined 67.50% since March 25, 2018. AREX has 706,513 volume or 145.81% up from normal. The stock underperformed the S&P500 by 71.87%.

Guggenheim Limited Liability Com holds 952,378 shs. Spark Management Ltd Liability has 0% invested in Approach Resources, Inc. (NASDAQ:AREX) for 13,000 shs. Cambridge Rech Advsr Inc has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Morgan Stanley invested in 265,773 shs or 0% of the stock. Ameritas Inv Ptnrs holds 0% or 3,777 shs in its capital. Jane Street Gp reported 0% stake. Geode Cap Mgmt Limited Liability Co invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Royal Bancshares Of Canada has invested 0% of its capital in Approach Resources, Inc. (NASDAQ:AREX). Lubar & accumulated 1.00 million shs or 0.82% of the stock. Legal And General Gru Pcl holds 0% in Approach Resources, Inc. (NASDAQ:AREX) or 6,109 shs. State Common Retirement Fund holds 0% or 45,800 shs. Goldman Sachs Gp stated it has 131,938 shs. Price T Rowe Associates Md holds 29,005 shs or 0% of its capital. 236,117 were accumulated by Invesco. Earnest Ptnrs accumulated 1,100 shs.

Approach Resources, Inc. had 2 insider sales and 0 insider buys since December 13, 2018. This’s net activity of $42,597. Another trade for 20,000 shs valued at $25,000 was sold by Shaw Ian M..

For more Approach Resources, Inc. (NASDAQ:AREX) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Nasdaq.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “More on Approach Resources Q4 results – Seeking Alpha” posted on March 19, 2019, “Approach Resources, Inc. (AREX) CEO Ross Craft on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on March 19, 2019, “Noteworthy Tuesday Option Activity: CCI, WHD, AREX – Nasdaq” with a publish date: March 19, 2019, “Approach Resources Inc. (AREX) CEO Ross Craft on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” and the last “Approach Resources (AREX) Stock Sinks As Market Gains: What You Should Know – Nasdaq” with publication date: January 31, 2019.

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