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NASDAQ:NARI

CLR Showing Recent Insider Activity

Recent activity shows that Continental Resources, CLR the Insider Confidence level is trending Up due to Corporate Insiders of CLR Bought $27.3M worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for CLR:
  • John D. Hart - Sr. VP, CFO & CSO, Sold $452,790 worth of shares on 1 week ago
  • Harold Hamm - Director,>10% Owner, Bought $11,010,323 worth of shares on 4 days ago
  • Ellis Mccain - Director, Bought $481,400 worth of shares on 2 weeks ago
  • Harold Hamm - Director,>10% Owner, Bought $5,173,976 worth of shares on 3 weeks ago
TipRanks.com reports that Continental Resources currently has 17 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $55.18 . The target pricing ranges from a high forecast of $70.00 down to a low forecast of $43.00. Continental Resources (CLR)’s last closing price was 44.13 which would put the average price target at 55.18 upside.

In addition, TradingView issued a Sell rating for CLR over the next month, Barchart.com has a buy rating and Yahoo! Finance has a short-term outlook

Continental Resources, CLR
Summary: CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations.
  • Last Price: 44.13
  • Price Change: 1.12, 2.60%
  • Yearly Gain: 143.68%
  • Market Cap: 16.13B
  • P/E Ratio: 19
Remember, securities are volatile, so please do your own research on CLR. If you are interest in stocks like CLR or stocks in the Utilities sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to CLR, you should consider joining TipRanks.com.

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