Woodside Energy Group (NYSE:WDS) Insider Sells $180,450.00 in Stock

Woodside Energy Group Ltd (NYSE:WDS) insider Mark Anthony Abbotsford sold 7,500 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $24.06, for a total value of $180,450.00. Following the completion of the transaction, the insider directly owned 24,467 shares of the company’s stock, valued at approximately $588,676.02. This trade represents a 23.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Woodside Energy Group Price Performance

Shares of NYSE:WDS opened at $24.76 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.46 and a current ratio of 1.59. Woodside Energy Group Ltd has a 52-week low of $11.26 and a 52-week high of $25.19. The stock’s fifty day simple moving average is $19.98 and its 200-day simple moving average is $17.29.

Woodside Energy Group Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 6th were paid a $0.59 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a yield of 594.0%.

Institutional Investors Weigh In On Woodside Energy Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC acquired a new position in Woodside Energy Group in the first quarter valued at $279,000. Jane Street Group LLC boosted its stake in Woodside Energy Group by 648.0% in the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company’s stock worth $5,555,000 after buying an additional 332,125 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Woodside Energy Group by 111.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after buying an additional 1,102 shares during the last quarter. Cetera Investment Advisers grew its holdings in Woodside Energy Group by 4.4% in the 2nd quarter. Cetera Investment Advisers now owns 42,025 shares of the company’s stock valued at $648,000 after buying an additional 1,756 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Woodside Energy Group by 103.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 66,840 shares of the company’s stock valued at $1,031,000 after buying an additional 33,956 shares during the period. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on WDS shares. Wall Street Zen raised shares of Woodside Energy Group from a “sell” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings reissued a “hold (c-)” rating on shares of Woodside Energy Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Woodside Energy Group Company Profile

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.