Patterson-UTI Energy, Inc. (PTEN): Are Hedge Funds Right About This Stock?

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Pengrowth Energy Corp (USA) (NYSE:PGH) 8 0 0
Rowan Companies PLC (NYSE:RDC) 25 0 0
Halcon Resources Corp (NYSE:HK) 13 0 0
Enerplus Corp (USA) (NYSE:ERF) 8 0 0
Atwood Oceanics, Inc. (NYSE:ATW) 19 0 0

Using the results demonstrated by the previously mentioned research, regular investors must always watch hedge fund and insider trading sentiment, and Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shareholders fit into this picture quite nicely.

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