Kosmos Energy Ltd. (NYSE:KOS) SVP Josh R. Marion Sells 16,144 Shares

Kosmos Energy Ltd. (NYSE:KOS) SVP Josh R. Marion sold 16,144 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 transaction of $50,369.28. Following the completion of the transaction, the senior vice president now owns 172,057 shares in the company, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Kosmos Energy Price Performance

Kosmos Energy stock traded down $0.02 during trading on Tuesday, reaching $3.10. The company had a trading volume of 8,550,929 shares, compared to its average volume of 7,435,294. The firm’s 50-day simple moving average is $3.48 and its 200 day simple moving average is $4.08. Kosmos Energy Ltd. has a 1-year low of $2.62 and a 1-year high of $6.58. The firm has a market capitalization of $1.46 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Mizuho cut their price target on shares of 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 reiterated a “buy” rating and issued a $5.60 price target 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 dropped their price objective 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 on the stock in a research note on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kosmos Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.

Institutional Investors Weigh In On Kosmos Energy

A number of institutional investors have recently added to or reduced their stakes in KOS. Fruth Investment Management lifted its holdings in Kosmos Energy by 10.2% in the 3rd quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock valued at $108,000 after purchasing an additional 2,500 shares in the last quarter. nVerses Capital LLC lifted its holdings in Kosmos Energy by 13.6% in the 3rd quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock valued at $125,000 after purchasing an additional 3,700 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Kosmos Energy by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock valued at $531,000 after purchasing an additional 4,640 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in Kosmos Energy by 42.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer’s stock valued at $66,000 after purchasing an additional 4,921 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in Kosmos Energy by 3.8% in the 4th quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock valued at $588,000 after purchasing an additional 6,300 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

About Kosmos Energy

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.