Kosmos Energy Ltd. (NYSE:KOS) CFO Sells $243,406.80 in Stock

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 78,015 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $243,406.80. Following the completion of the transaction, the chief financial officer now directly owns 1,555,374 shares in the company, valued at $4,852,766.88. The trade was a 4.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Kosmos Energy Price Performance

Shares of NYSE:KOS opened at $3.02 on Friday. Kosmos Energy Ltd. has a 1-year low of $2.62 and a 1-year high of $6.58. The firm has a market capitalization of $1.42 billion, a PE ratio of 6.85, a PEG ratio of 4.67 and a beta of 2.41. The business’s 50 day moving average is $3.43 and its 200-day moving average is $4.05. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Wall Street Analyst Weigh In

A number of analysts have issued reports on KOS shares. 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 report on Tuesday, November 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Benchmark lowered their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Mizuho lowered their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.

Institutional Trading of Kosmos Energy

Several institutional investors have recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. grew its holdings in shares of Kosmos Energy by 7.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock worth $113,828,000 after purchasing an additional 1,933,216 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Kosmos Energy by 8.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock worth $85,202,000 after purchasing an additional 1,588,990 shares in the last quarter. Equinox Partners Investment Management LLC grew its holdings in shares of Kosmos Energy by 39.2% during the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after purchasing an additional 3,218,394 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Kosmos Energy by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after purchasing an additional 68,339 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of 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 and hedge funds 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.