Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis Sells 102,701 Shares

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis sold 102,701 shares of the 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 of the company’s stock, valued at approximately $13,218,475.92. This represents a 2.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $3.11 on Thursday. 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 stock has a 50 day simple moving average of $3.44 and a 200-day simple moving average of $4.05. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 7.06, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a 12-month low of $2.62 and a 12-month high of $6.58.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on KOS shares. 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 research note on Monday, December 16th. Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Sanford C. Bernstein decreased their price target 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. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5.52.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. US Bancorp DE grew its stake in shares of Kosmos Energy by 19.2% during the 4th quarter. US Bancorp DE now owns 494,619 shares of the oil and gas producer’s stock worth $1,692,000 after purchasing an additional 79,517 shares during the period. Equinox Partners Investment Management LLC boosted its holdings in Kosmos Energy by 39.2% during the fourth 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 buying an additional 3,218,394 shares in the last quarter. Bank of New York Mellon Corp grew its position in Kosmos Energy by 4.2% during the fourth quarter. Bank of New York Mellon Corp now owns 2,131,142 shares of the oil and gas producer’s stock worth $7,289,000 after buying an additional 86,692 shares during the period. New York State Common Retirement Fund increased its holdings in Kosmos Energy by 3.8% in the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock valued at $588,000 after buying an additional 6,300 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its position in shares of Kosmos Energy by 33.2% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 536,870 shares of the oil and gas producer’s stock valued at $1,836,000 after acquiring an additional 133,704 shares during the period. Hedge funds and other institutional investors 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.