Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis Sells 102,701 Shares

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $320,427.12. Following the sale, the chief executive officer now owns 4,236,691 shares in the company, valued at approximately $13,218,475.92. This trade represents a 2.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Kosmos Energy Trading Down 0.7 %

Shares of NYSE:KOS traded down $0.02 during trading on Tuesday, hitting $3.10. 8,550,929 shares of the company’s stock were exchanged, compared to its average volume of 7,435,294. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The firm has a market cap of $1.46 billion, a P/E ratio of 7.04, a PEG ratio of 4.67 and a beta of 2.41. The firm has a 50-day moving average price of $3.48 and a two-hundred day moving average price of $4.08. Kosmos Energy Ltd. has a 1-year low of $2.62 and a 1-year high of $6.58.

Wall Street Analyst Weigh In

Several brokerages have recently commented on KOS. Mizuho decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Jefferies Financial Group reissued a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Sanford C. Bernstein decreased their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 5th. Finally, Benchmark dropped their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.52.

Institutional Trading of Kosmos Energy

A number of institutional investors have recently bought and sold shares of KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Kosmos Energy by 11.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock valued at $6,860,000 after acquiring an additional 172,966 shares during the period. Graham Capital Wealth Management LLC bought a new stake in Kosmos Energy in the third quarter valued at approximately $2,443,000. Woodmont Investment Counsel LLC raised its holdings in Kosmos Energy by 137.1% in the third quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock worth $1,976,000 after purchasing an additional 283,624 shares during the period. Barclays PLC boosted its position in shares of Kosmos Energy by 46.5% during the third quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock worth $12,221,000 after purchasing an additional 962,057 shares in the last quarter. Finally, Millennium Management LLC raised its stake in Kosmos Energy by 34.9% during the 2nd quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock worth $12,976,000 after buying an additional 606,195 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.