Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass Sells 10,354 Shares

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 10,354 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $32,304.48. Following the completion of the transaction, the chief accounting officer now directly owns 299,498 shares in the company, valued at $934,433.76. This trade represents a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kosmos Energy Stock Performance

NYSE:KOS opened at $3.01 on Friday. The company has a fifty day simple moving average of $3.43 and a two-hundred day simple moving average of $4.05. The company has a market cap of $1.42 billion, a price-to-earnings 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 52 week low of $2.62 and a 52 week high of $6.58.

Analyst Ratings Changes

A number of research analysts have weighed in on KOS shares. Jefferies Financial Group reissued a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark reduced their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Mizuho reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Finally, Sanford C. Bernstein reduced 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 report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $5.52.

Hedge Funds Weigh In On Kosmos Energy

Several institutional investors have recently modified their holdings of the business. Fruth Investment Management grew its stake 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 worth $108,000 after acquiring an additional 2,500 shares in the last quarter. nVerses Capital LLC grew its stake 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 worth $125,000 after acquiring an additional 3,700 shares in the last quarter. Franklin Resources Inc. grew its stake 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 worth $531,000 after acquiring an additional 4,640 shares in the last quarter. Avidian Wealth Enterprises LLC grew its stake 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 worth $66,000 after acquiring an additional 4,921 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in shares of Kosmos Energy by 3.8% during 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 purchasing an additional 6,300 shares in the last quarter. 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.