Kosmos Energy Ltd. (NYSE:KOS) CAO Sells $50,487.84 in Stock

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 16,182 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,487.84. Following the completion of the sale, the chief accounting officer now directly owns 320,231 shares of the company’s stock, valued at $999,120.72. The trade was a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Kosmos Energy Stock Performance

NYSE:KOS opened at $3.01 on Friday. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The firm’s fifty day simple moving average is $3.43 and its 200 day simple moving average is $4.05. 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 capitalization of $1.42 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 4.67 and a beta of 2.41.

Wall Street Analyst Weigh In

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

Institutional Trading of Kosmos Energy

Several large investors have recently modified their holdings of KOS. Fruth Investment Management boosted its holdings in Kosmos Energy by 10.2% in the third 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 during the last quarter. nVerses Capital LLC boosted its stake in shares of Kosmos Energy by 13.6% during the 3rd quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock valued at $125,000 after buying an additional 3,700 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock valued at $531,000 after buying an additional 4,640 shares during the last quarter. Avidian Wealth Enterprises LLC grew its position in shares of Kosmos Energy by 42.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer’s stock worth $66,000 after buying an additional 4,921 shares in the last quarter. Finally, New York State Common Retirement Fund increased its stake in shares of Kosmos Energy by 3.8% in the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock worth $588,000 after buying an additional 6,300 shares during the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

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.