Crestview Partners Iii Gp, L.P Sells 769,700 Shares of Northern Oil & Gas, Inc. (NOG) Stock

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Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) major shareholder Crestview Partners Iii Gp, L.P sold 769,700 shares of the business’s stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $2.26, for a total value of $1,739,522.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Crestview Partners Iii Gp, L.P also recently made the following trade(s):

  • On Thursday, February 7th, Crestview Partners Iii Gp, L.P sold 723,792 shares of Northern Oil & Gas stock. The stock was sold at an average price of $2.32, for a total value of $1,679,197.44.
  • On Monday, February 4th, Crestview Partners Iii Gp, L.P sold 730,825 shares of Northern Oil & Gas stock. The stock was sold at an average price of $2.53, for a total value of $1,848,987.25.
  • On Wednesday, January 30th, Crestview Partners Iii Gp, L.P sold 734,847 shares of Northern Oil & Gas stock. The stock was sold at an average price of $2.54, for a total value of $1,866,511.38.
  • On Friday, January 25th, Crestview Partners Iii Gp, L.P sold 811,419 shares of Northern Oil & Gas stock. The stock was sold at an average price of $2.60, for a total value of $2,109,689.40.
  • On Tuesday, January 22nd, Crestview Partners Iii Gp, L.P sold 759,136 shares of Northern Oil & Gas stock. The stock was sold at an average price of $2.68, for a total value of $2,034,484.48.
  • On Wednesday, January 16th, Crestview Partners Iii Gp, L.P sold 4,198,650 shares of Northern Oil & Gas stock. The stock was sold at an average price of $2.96, for a total value of $12,428,004.00.

Shares of NYSEAMERICAN NOG opened at $2.42 on Thursday. Northern Oil & Gas, Inc. has a 52 week low of $1.47 and a 52 week high of $4.49.

A number of equities research analysts have recently weighed in on NOG shares. Zacks Investment Research lowered Northern Oil & Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, January 30th. SunTrust Banks restated a “buy” rating and set a $4.00 price target on shares of Northern Oil & Gas in a research note on Thursday, November 29th. Finally, Imperial Capital set a $3.00 price target on Northern Oil & Gas and gave the stock a “hold” rating in a research note on Wednesday, January 23rd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $4.17.

Hedge funds and other institutional investors have recently modified their holdings of the stock. First National Trust Co purchased a new stake in Northern Oil & Gas in the fourth quarter valued at approximately $28,000. NumerixS Investment Technologies Inc purchased a new stake in Northern Oil & Gas in the fourth quarter valued at approximately $46,000. Great West Life Assurance Co. Can purchased a new stake in Northern Oil & Gas in the fourth quarter valued at approximately $48,000. IFP Advisors Inc boosted its position in Northern Oil & Gas by 92.4% in the fourth quarter. IFP Advisors Inc now owns 22,327 shares of the energy company’s stock valued at $51,000 after buying an additional 10,725 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in Northern Oil & Gas by 1,610.3% in the fourth quarter. Bank of Montreal Can now owns 22,987 shares of the energy company’s stock valued at $52,000 after buying an additional 21,643 shares during the last quarter.

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About Northern Oil & Gas

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.

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Insider Buying and Selling by Quarter for Northern Oil & Gas (NYSEAMERICAN:NOG)

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