Kosmos Energy Ltd. (NYSE:KOS) CFO Sells $177,799.44 in Stock

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 56,987 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $177,799.44. Following the completion of the transaction, the chief financial officer now owns 1,711,580 shares of the company’s stock, valued at approximately $5,340,129.60. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $3.10 on Wednesday. Kosmos Energy Ltd. has a one year low of $2.62 and a one year high of $6.58. The company’s 50-day moving average is $3.46 and its 200 day moving average is $4.06. The company has a market capitalization of $1.46 billion, a price-to-earnings 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.

Analyst Ratings Changes

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

Institutional Trading of Kosmos Energy

Institutional investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Kosmos Energy by 11.3% during 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 last quarter. Graham Capital Wealth Management LLC purchased a new stake in shares of Kosmos Energy during the 3rd quarter valued at about $2,443,000. Woodmont Investment Counsel LLC boosted its holdings in shares of Kosmos Energy by 137.1% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock valued at $1,976,000 after acquiring an additional 283,624 shares during the last quarter. Barclays PLC boosted its holdings in shares of Kosmos Energy by 46.5% during the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after acquiring an additional 962,057 shares during the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of 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 valued at $12,976,000 after acquiring an additional 606,195 shares during the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

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.