Andrew G. Inglis Sells 138,689 Shares of Kosmos Energy Ltd. (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis sold 138,689 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $12,352,080. This trade represents a 3.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Kosmos Energy Stock Up 0.5 %

KOS stock opened at $3.02 on Friday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 6.85, a PEG ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a fifty-two week low of $2.62 and a fifty-two week high of $6.58. The stock has a fifty day moving average of $3.43 and a 200-day moving average of $4.05.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Benchmark reduced their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Jefferies Financial Group restated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Mizuho reduced their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Finally, Sanford C. Bernstein reduced their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its stake in shares of Kosmos Energy by 10.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer’s stock worth $155,000 after acquiring an additional 4,381 shares during the period. Banco Santander S.A. purchased a new stake in Kosmos Energy during the 4th quarter worth about $72,000. Raymond James Financial Inc. purchased a new stake in Kosmos Energy during the 4th quarter worth about $2,049,000. Victory Capital Management Inc. lifted its holdings in Kosmos Energy by 17.1% during the 4th quarter. Victory Capital Management Inc. now owns 138,444 shares of the oil and gas producer’s stock worth $473,000 after purchasing an additional 20,235 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Kosmos Energy by 13.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock worth $23,835,000 after purchasing an additional 847,635 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

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.