Kosmos Energy Ltd. (NYSE:KOS) CEO Sells $320,427.12 in Stock

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis sold 102,701 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 transaction of $320,427.12. Following the sale, the chief executive officer now owns 4,236,691 shares in the company, valued at approximately $13,218,475.92. The trade was a 2.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Kosmos Energy Stock Down 3.1 %

KOS stock opened at $3.01 on Friday. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 6.83, a P/E/G ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The business has a 50 day moving average price of $3.43 and a two-hundred day moving average price of $4.05. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Analysts Set New Price Targets

A number of equities 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 for the company in a report on Tuesday, November 5th. Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Jefferies Financial Group restated a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Mizuho reduced their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Kosmos Energy currently has a consensus rating of “Moderate Buy” and an average target price of $5.52.

Institutional Investors Weigh In On Kosmos Energy

Several large investors have recently made changes to their positions in KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Kosmos Energy by 11.3% during the third 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 acquiring an additional 172,966 shares in the last quarter. Graham Capital Wealth Management LLC bought a new stake in shares of Kosmos Energy in the 3rd quarter valued at about $2,443,000. Woodmont Investment Counsel LLC raised its holdings in shares of Kosmos Energy by 137.1% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock valued at $1,976,000 after purchasing an additional 283,624 shares during the period. Barclays PLC lifted its stake in 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 valued at $12,221,000 after purchasing an additional 962,057 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in Kosmos Energy by 34.9% during the second 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 during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

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.