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

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

Kosmos Energy Stock Up 0.2 %

KOS stock opened at $3.11 on Thursday. The stock’s 50 day moving average is $3.44 and its 200-day moving average is $4.05. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The firm has a market capitalization of $1.47 billion, a PE ratio of 7.06, a P/E/G 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.

Hedge Funds Weigh In On Kosmos Energy

Several large investors have recently bought and sold shares of KOS. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Kosmos Energy in the 3rd quarter worth $28,000. Sapient Capital LLC purchased a new position in Kosmos Energy during the fourth quarter worth about $37,000. Signaturefd LLC grew its position in Kosmos Energy by 39,777.8% in the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after purchasing an additional 10,740 shares in the last quarter. CTC Alternative Strategies Ltd. purchased a new stake in Kosmos Energy in the 3rd quarter valued at about $43,000. Finally, InTrack Investment Management Inc bought a new position in shares of Kosmos Energy during the 3rd quarter worth approximately $44,000. 95.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on KOS shares. Benchmark decreased their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Mizuho decreased their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 target price 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 report on Friday, December 6th. Finally, Sanford C. Bernstein lowered 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 report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Kosmos Energy has an average rating of “Moderate Buy” and a consensus 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.