A Director at Unit Corp (NYSE: UNT) is Buying Shares

Today, a Director at Unit Corp (UNTResearch Report), Michael Adcock, bought shares of UNT for $19.82K.

This is Adcock’s first Buy trade following 15 Sell transactions. This recent transaction increases Michael Adcock’s holding in the company by 3.39% to a total of $502K.

See today’s analyst top recommended stocks >>

Currently, Unit Corp has an average volume of 350.1K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $17.33, reflecting a 124.8% upside.

The insider sentiment on Unit Corp has been neutral according to 41 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Unit Corp. engages in oil and gas exploration, production, contract drilling, and natural gas gathering and processing. It operates through the following segments: Oil and Natural Gas; Contract Drilling; Mid-Stream; and Other. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties.

Leave a Reply

Your email address will not be published. Required fields are marked *