Kosmos Energy Ltd. (NYSE:KOS) CEO Sells $432,709.68 in Stock

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis sold 138,689 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $432,709.68. Following the sale, the chief executive officer now owns 3,959,000 shares in the company, valued at $12,352,080. The trade was a 3.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $3.01 on Friday. The business’s 50 day moving average price is $3.43 and its two-hundred day moving average price is $4.05. The company has a market cap of $1.42 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58.

Hedge Funds Weigh In On Kosmos Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fruth Investment Management grew its position in shares of 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 grew its position in shares of Kosmos Energy by 13.6% in the third 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 during the last quarter. Franklin Resources Inc. grew its position in shares of Kosmos Energy by 3.9% in the third 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 during the last quarter. Avidian Wealth Enterprises LLC grew its position in shares of Kosmos Energy by 42.8% in the third 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 during the last quarter. Finally, New York State Common Retirement Fund grew its position 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 valued at $588,000 after purchasing an additional 6,300 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Analyst Ratings Changes

KOS has been the topic of several analyst reports. Benchmark dropped their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Sanford C. Bernstein dropped their target price 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. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Mizuho lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Kosmos Energy presently has an average rating of “Moderate Buy” and an average price target of $5.52.

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.