Antero Resources (AR) Is At $19.44 Formed Wedge; Fairpointe Capital Has Upped Its Akamai Technologies (AKAM) Position

Antero Resources Corporation (AR) formed wedge down with $18.27 target or 6.00% below today’s $19.44 share price. Antero Resources Corporation (AR) has $6.14 billion valuation. The stock decreased 1.82% or $0.36 during the last trading session, reaching $19.44. About 2.21M shares traded. Antero Resources Corporation (NYSE:AR) has declined 15.15% since January 7, 2017 and is downtrending. It has underperformed by 31.85% the S&P500.

Fairpointe Capital Llc increased Akamai Technologies (AKAM) stake by 9.74% reported in 2017Q3 SEC filing. Fairpointe Capital Llc acquired 312,959 shares as Akamai Technologies (AKAM)’s stock declined 24.00%. The Fairpointe Capital Llc holds 3.53 million shares with $171.75M value, up from 3.21M last quarter. Akamai Technologies now has $11.14B valuation. The stock increased 0.35% or $0.23 during the last trading session, reaching $65.83. About 1.06 million shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has declined 6.51% since January 7, 2017 and is downtrending. It has underperformed by 23.21% the S&P500.

Analysts await Antero Resources Corporation (NYSE:AR) to report earnings on February, 27. They expect $0.05 EPS, down 68.75% or $0.11 from last year’s $0.16 per share. AR’s profit will be $15.78 million for 97.20 P/E if the $0.05 EPS becomes a reality. After $-0.05 actual EPS reported by Antero Resources Corporation for the previous quarter, Wall Street now forecasts -200.00% EPS growth.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.19, from 1.36 in 2017Q2. It turned negative, as 31 investors sold Antero Resources Corporation shares while 71 reduced holdings. 35 funds opened positions while 84 raised stakes. 291.74 million shares or 5.36% more from 276.89 million shares in 2017Q2 were reported. Baupost Group Ltd Limited Liability Company Ma invested in 5.93% or 23.91 million shares. Dimensional Fund Advsr Limited Partnership accumulated 0.03% or 3.33 million shares. Thompson Siegel & Walmsley Ltd Company holds 1.52% of its portfolio in Antero Resources Corporation (NYSE:AR) for 6.36M shares. Metropolitan Life holds 0% in Antero Resources Corporation (NYSE:AR) or 12,084 shares. Old West Invest Mngmt Ltd Liability Company owns 263,746 shares or 2.76% of their US portfolio. Fifth Third Bancshares reported 414 shares. Three Peaks Cap Mngmt Ltd Liability stated it has 61,830 shares. Tcw Grp reported 0% stake. Brown Advisory Incorporated has 0% invested in Antero Resources Corporation (NYSE:AR). Old Mutual Customised Solutions (Proprietary) Limited owns 11,800 shares. Wellington Mngmt Group Ltd Liability Partnership invested 0.04% in Antero Resources Corporation (NYSE:AR). New Jersey-based Gargoyle Advisor Limited Liability Corporation has invested 0.17% in Antero Resources Corporation (NYSE:AR). Linscomb & Williams has invested 0.02% in Antero Resources Corporation (NYSE:AR). Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 44,207 shares. Nationwide Fund Advsr invested in 0.03% or 358,507 shares.

Among 27 analysts covering Antero Resources (NYSE:AR), 13 have Buy rating, 0 Sell and 14 Hold. Therefore 48% are positive. Antero Resources had 90 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Strong Buy” rating given on Tuesday, January 3 by Raymond James. GMP Securities reinitiated Antero Resources Corporation (NYSE:AR) rating on Wednesday, September 28. GMP Securities has “Hold” rating and $29 target. The firm earned “Market Perform” rating on Tuesday, July 21 by Cowen & Co. The firm earned “Hold” rating on Friday, December 8 by Suntrust Robinson. Deutsche Bank maintained Antero Resources Corporation (NYSE:AR) on Wednesday, December 9 with “Hold” rating. Jefferies maintained it with “Hold” rating and $20.0 target in Thursday, November 16 report. The stock of Antero Resources Corporation (NYSE:AR) earned “Equal-Weight” rating by Barclays Capital on Monday, November 20. The firm has “Buy” rating by BMO Capital Markets given on Thursday, September 21. On Thursday, February 18 the stock rating was maintained by Stifel Nicolaus with “Buy”. BMO Capital Markets maintained Antero Resources Corporation (NYSE:AR) rating on Monday, August 7. BMO Capital Markets has “Buy” rating and $2500 target.

Since August 1, 2017, it had 0 insider purchases, and 1 insider sale for $77,768 activity. The insider Yoo K. Phil sold $77,768.

Among 28 analysts covering Akamai Tech (NASDAQ:AKAM), 14 have Buy rating, 2 Sell and 12 Hold. Therefore 50% are positive. Akamai Tech had 79 analyst reports since July 29, 2015 according to SRatingsIntel. On Tuesday, September 5 the stock rating was maintained by Nomura with “Neutral”. As per Wednesday, February 10, the company rating was upgraded by B. Riley & Co. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. Stifel Nicolaus initiated the stock with “Hold” rating in Thursday, March 24 report. Oppenheimer maintained it with “Buy” rating and $6000 target in Wednesday, July 26 report. On Monday, July 31 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by William Blair with “Outperform” on Friday, August 28. The stock has “Market Outperform” rating by JMP Securities on Friday, August 28. The firm has “Buy” rating by UBS given on Wednesday, January 6. Craig Hallum upgraded it to “Buy” rating and $80.0 target in Tuesday, December 19 report.

Since October 2, 2017, it had 1 buy, and 5 sales for $3.86 million activity. MCCONNELL RICK M sold 7,579 shares worth $386,529. Another trade for 10,000 shares valued at $662,900 was sold by Wheaton William. LEIGHTON F THOMSON also bought $999,784 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) on Friday, December 15.