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In a recent transaction, Sheri Pearce, Senior Vice President - Accounting and Chief Accounting Officer at Antero Resources Corp (NYSE:AR), sold 12,647 shares of common stock. The company, currently valued at $12.6 billion, has shown strong momentum with a 33% price return over the past six months. According to InvestingPro analysis, the stock is trading near its 52-week high of $42.62. The shares were sold on May 13 at a weighted average price of $41.18, resulting in a total transaction value of approximately $520,803. Following this sale, Pearce retains direct ownership of 63,235 shares, which include restricted stock units subject to service-based vesting. The shares were sold in multiple transactions with prices ranging from $41.17 to $41.20. Based on InvestingPro’s Fair Value analysis, the stock appears to be overvalued at current levels. Subscribers can access 12 additional ProTips and a comprehensive Pro Research Report, which provides deeper insights into Antero Resources’ valuation and growth prospects.
In other recent news, Antero Resources reported its first-quarter 2025 earnings, which showed a shortfall in both earnings per share (EPS) and revenue compared to analysts’ forecasts. The company’s EPS was $0.66, falling short of the expected $0.77, while revenue reached $1.35 billion, missing the forecast of $1.38 billion. Despite these misses, Antero Resources maintained its full-year 2025 guidance, including production and capital expenditures. Raymond (NSE:RYMD) James reaffirmed its Strong Buy rating for Antero Resources, raising the price target to $57, citing the company’s adherence to its operational metrics and a bullish outlook on natural gas. Mizuho (NYSE:MFG) Securities also upgraded Antero Resources from Neutral to Outperform, setting a price target of $49, based on a more optimistic view of U.S. natural gas markets. However, JPMorgan lowered its price target for Antero Resources to $44, maintaining an Overweight rating due to concerns over cash flow and pricing risks related to China’s tariffs. Additionally, Antero Resources has actively repurchased $92 million in stock and reduced its debt by over $200 million.
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