Kosmos Energy Ltd. (NYSE:KOS) CFO Sells $177,799.44 in Stock

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 56,987 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $177,799.44. Following the sale, the chief financial officer now directly owns 1,711,580 shares of the company’s stock, valued at approximately $5,340,129.60. This represents a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kosmos Energy Stock Performance

Shares of KOS stock traded down $0.02 during trading on Tuesday, reaching $3.10. The company had a trading volume of 8,550,929 shares, compared to its average volume of 7,435,294. The company has a market capitalization of $1.46 billion, a PE ratio of 7.04, a PEG ratio of 4.67 and a beta of 2.41. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The firm’s 50 day simple moving average is $3.48 and its two-hundred day simple moving average is $4.08. Kosmos Energy Ltd. has a one year low of $2.62 and a one year high of $6.58.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Mizuho decreased their target price on shares of 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 restated 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 decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. Finally, Benchmark reduced their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $5.52.

Institutional Trading of Kosmos Energy

Several large investors have recently modified their holdings of KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Kosmos Energy by 11.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock worth $6,860,000 after purchasing an additional 172,966 shares during the last quarter. Graham Capital Wealth Management LLC bought a new position in shares of Kosmos Energy during the 3rd quarter worth about $2,443,000. Woodmont Investment Counsel LLC lifted its stake in shares of Kosmos Energy by 137.1% in the third quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock valued at $1,976,000 after buying an additional 283,624 shares during the period. Barclays PLC lifted its position in shares of Kosmos Energy by 46.5% in the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock worth $12,221,000 after acquiring an additional 962,057 shares during the period. Finally, Millennium Management LLC grew its holdings in shares of Kosmos Energy by 34.9% during the 2nd quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock worth $12,976,000 after purchasing an additional 606,195 shares in the last quarter. 95.33% of the stock is owned by institutional investors.

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.