19 Mid- And Large-Cap Stocks Insiders Are Buying After Trump’s Tariff Rollout

9. APA Corporation (NASDAQ:APA)

Market Cap: $5.5 billion

APA, founded in 1954 and headquartered in Houston, Texas, is an independent energy company focused on the exploration and production of natural gas, oil, and natural gas liquids. It operates in the U.S., Egypt, and the North Sea, with additional exploration efforts in Suriname, Uruguay, and other international locations.

The company, along with partners Lagniappe Alaska and Santos Limited, recently announced positive results from the Sockeye-2 exploration well. The well revealed a high-quality oil reservoir with 25 feet of net oil pay, validating the team’s geological models and highlighting the potential for further discoveries nearby. Ongoing core sampling and flow testing are expected to provide more insights in future updates.

On April 3, one insider, a director at the company, Chansoo Joung, bought approximately $1.37 million worth of APA shares at an average price of $18.25 per share. This was the first time in over three years that Joung had purchased more shares, increasing his ownership to 140,285 shares.

APA is also among the 7 best cheap energy stocks to invest in now.

As many as 18 analysts rate APA stock as a “Hold” with a price target of $26.58, reports MarketBeat. The average price target forecasts an upside of 74.86% from the latest price.