Insider Selling: Kosmos Energy Ltd. (NYSE:KOS) SVP Sells 84,898 Shares of Stock

Kosmos Energy Ltd. (NYSE:KOS) SVP Christopher James Ball sold 84,898 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $264,881.76. Following the sale, the senior vice president now owns 1,639,925 shares in the company, valued at $5,116,566. The trade was a 4.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Kosmos Energy Stock Down 3.1 %

NYSE KOS traded down $0.10 on Thursday, hitting $3.01. 6,751,382 shares of the company were exchanged, compared to its average volume of 7,412,923. Kosmos Energy Ltd. has a 12 month low of $2.62 and a 12 month high of $6.58. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The company has a market cap of $1.42 billion, a PE ratio of 6.83, a PEG ratio of 4.67 and a beta of 2.41. The stock has a fifty day moving average of $3.44 and a 200-day moving average of $4.05.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein lowered their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research note 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 lowered their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Benchmark lowered their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Jefferies Financial Group restated a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5.52.

Hedge Funds Weigh In On Kosmos Energy

A number of large investors have recently modified their holdings of KOS. Fruth Investment Management boosted its position in shares of Kosmos Energy by 10.2% during the third quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock valued at $108,000 after buying an additional 2,500 shares during the last quarter. nVerses Capital LLC boosted its position in 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 purchasing an additional 3,700 shares during the last quarter. Franklin Resources Inc. boosted its position in 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 purchasing an additional 4,640 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its position in 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 purchasing an additional 4,921 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in shares of Kosmos Energy by 3.8% in the 4th quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock worth $588,000 after buying an additional 6,300 shares during the last quarter. 95.33% of the stock is currently owned by institutional investors.

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.