Thomas J. Edelman Sells 12000 Shares of Noble Energy, Inc. (NBL) Stock

The Insider selling transaction had a total value worth of $226,450. Following the completion of the sale, the director now owns 45,753 shares of the company’s stock, valued at approximately $1,480,109.55. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Also, Director Kleef William T. Van sold 7,366 shares of the company’s stock in a transaction dated Thursday, January 28th. 3 analysts assigned Sell rating to Sprint Corp stocks. The disclosure for this sale can be found here.Noble Energy (NYSE:NBL) shares are expected to touch $38.2 in the short term. The firm’s 50-day moving average is $31.19 and its 200 day moving average is $32.72. The firm’s market capitalization is $12.94 billion. The 12-month consensus target price for the stock is $38.53, which reflects an upside potential of 29.82% over the current price. Moreover, Penn Davis Mcfarland Inc have 4.03% of their stock exposure invested in the company for 455,561 shares. The firm’s quarterly revenue was down 20.9% on a year-over-year basis.On the company’s financial health, Noble Energy reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.47 according to the earnings call on Feb 17, 2016.Other research analysts have also recently issued recommendations about the company.The analysts’ consensus recommendation against Sprint Corp (NYSE:S) is “Hold while now 2 of the analysts have given “Buy” rating to the stock of Sprint Corp”. They issued an “outperform” rating and a $44.00 price target for the company. Noble Energy (NYSE:NBL): On Tuesday heightened volatility was witnessed in Noble Energy (NYSE:NBL) which led to swings in the share price. Shares were Reiterated by Deutsche Bank on Mar 29, 2016 to “Buy” and Lowered the Price Target to $ 41 from a previous price target of $42. And roundups of analyst notes show that 16 are rating the stock a buy while 5 rate NBL a strong buy. The ratio increased, as 78 funds sold all Noble Corporation Ordinary Shares (UK) shares owned while 119 reduced positions.Noble Energy Inc stock is now trading at $30.05 (as of 3/29/2016 4:01pm EST). CIBC Asset Management Inc now owns 40,886 shares of the oil and gas development company’s stock valued at $1,346,000 after buying an additional 584 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Noble Energy by 87.2% in the fourth quarter.Other Hedge Funds, Including, Compagnie Odier Sca boosted its stake in NBL during the Q4 period, The investment management firm added 30,384 additional shares and now holds a total of 232,771 shares of Noble Energy which is valued at $8 Million. Commerzbank Aktiengesellschaft FI now owns 31,486 shares of the oil and gas development company’s stock worth $1,037,000 after buying an additional 14,668 shares in the last quarter.