New insider activity at APA ( (APA) ) has taken place on April 4, 2025.
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Director Chansoo Joung has made a significant investment by purchasing 75,000 shares of APA stock, with the transaction valued at $1,368,000.
Recent Updates on APA stock
In the last 24 hours, APA Corp has experienced significant developments affecting its stock price. Raymond James downgraded APA from Strong Buy to Outperform, citing a disappointing magnitude and timing of cost savings initiatives and current oil price uncertainty as key reasons. Additionally, Susquehanna lowered its price target for APA due to lower oil volume guidance and shortfalls in cost reduction efforts. Despite these downgrades, there is bullish option activity detected, with a high volume of call options trading, indicating some investor optimism. These mixed signals reflect the current market conditions and company-specific challenges facing APA.
More about APA
YTD Price Performance: -7.05%
Average Trading Volume: 7,782,023
Technical Sentiment Signal: Strong Buy
Current Market Cap: $7.69B