Jones Energy, Inc. (JONE) Major Shareholder Metalmark Capital Ii Llc Sells 225,000 Shares

Jones Energy, Inc. (NYSE:JONE) major shareholder Metalmark Capital Ii Llc sold 225,000 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $1.04, for a total transaction of $234,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Metalmark Capital Ii Llc also recently made the following trade(s):

  • On Wednesday, November 8th, Metalmark Capital Ii Llc sold 322,645 shares of Jones Energy stock. The shares were sold at an average price of $1.28, for a total transaction of $412,985.60.
  • On Monday, November 6th, Metalmark Capital Ii Llc sold 170,000 shares of Jones Energy stock. The shares were sold at an average price of $1.47, for a total transaction of $249,900.00.
  • On Friday, November 3rd, Metalmark Capital Ii Llc sold 66,888 shares of Jones Energy stock. The shares were sold at an average price of $1.30, for a total transaction of $86,954.40.
  • On Wednesday, November 1st, Metalmark Capital Ii Llc sold 75,000 shares of Jones Energy stock. The shares were sold at an average price of $1.30, for a total transaction of $97,500.00.
  • On Monday, October 30th, Metalmark Capital Ii Llc sold 60,300 shares of Jones Energy stock. The shares were sold at an average price of $1.24, for a total transaction of $74,772.00.
  • On Friday, October 27th, Metalmark Capital Ii Llc sold 77,800 shares of Jones Energy stock. The shares were sold at an average price of $1.28, for a total transaction of $99,584.00.
  • On Wednesday, October 25th, Metalmark Capital Ii Llc sold 100,000 shares of Jones Energy stock. The shares were sold at an average price of $1.19, for a total transaction of $119,000.00.
  • On Monday, October 23rd, Metalmark Capital Ii Llc sold 73,135 shares of Jones Energy stock. The shares were sold at an average price of $1.29, for a total transaction of $94,344.15.
  • On Friday, October 20th, Metalmark Capital Ii Llc sold 130,000 shares of Jones Energy stock. The shares were sold at an average price of $1.38, for a total transaction of $179,400.00.
  • On Wednesday, October 18th, Metalmark Capital Ii Llc sold 54,723 shares of Jones Energy stock. The shares were sold at an average price of $1.27, for a total transaction of $69,498.21.

Shares of Jones Energy, Inc. (NYSE:JONE) traded up $0.08 during trading hours on Friday, hitting $1.08. 782,821 shares of the stock traded hands, compared to its average volume of 1,124,275. Jones Energy, Inc. has a 52-week low of $0.85 and a 52-week high of $5.34. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.07.

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Several large investors have recently modified their holdings of JONE. Bank of New York Mellon Corp lifted its stake in shares of Jones Energy by 16.6% in the 1st quarter. Bank of New York Mellon Corp now owns 345,619 shares of the oil and gas producer’s stock worth $881,000 after purchasing an additional 49,175 shares during the period. Swiss National Bank lifted its stake in shares of Jones Energy by 8.7% in the 1st quarter. Swiss National Bank now owns 97,215 shares of the oil and gas producer’s stock worth $248,000 after purchasing an additional 7,815 shares during the period. Parametric Portfolio Associates LLC lifted its stake in shares of Jones Energy by 11.1% in the 1st quarter. Parametric Portfolio Associates LLC now owns 41,601 shares of the oil and gas producer’s stock worth $106,000 after purchasing an additional 4,170 shares during the period. TIAA CREF Investment Management LLC lifted its stake in shares of Jones Energy by 4.1% in the 1st quarter. TIAA CREF Investment Management LLC now owns 150,239 shares of the oil and gas producer’s stock worth $383,000 after purchasing an additional 5,947 shares during the period. Finally, California Public Employees Retirement System lifted its stake in shares of Jones Energy by 8.7% in the 1st quarter. California Public Employees Retirement System now owns 318,397 shares of the oil and gas producer’s stock worth $812,000 after purchasing an additional 25,597 shares during the period. Hedge funds and other institutional investors own 56.85% of the company’s stock.

Several research firms have issued reports on JONE. Zacks Investment Research cut shares of Jones Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Stephens cut shares of Jones Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Finally, ValuEngine upgraded shares of Jones Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Jones Energy has an average rating of “Hold” and an average target price of $3.96.

Jones Energy Company Profile

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

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