Kosmos Energy (NYSE:KOS) CEO Andrew Inglis Sells 44,628 Shares

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew Inglis sold 44,628 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $1.42, for a total transaction of $63,371.76. Following the transaction, the chief executive officer owned 4,227,017 shares in the company, valued at $6,002,364.14. This represents a 1.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Kosmos Energy Stock Down 15.4%

Kosmos Energy stock traded down $0.24 during mid-day trading on Thursday, hitting $1.30. 16,595,179 shares of the company’s stock were exchanged, compared to its average volume of 20,025,648. Kosmos Energy Ltd. has a 1-year low of $0.84 and a 1-year high of $3.49. The stock has a 50 day moving average of $1.11 and a two-hundred day moving average of $1.48. The company has a current ratio of 0.52, a quick ratio of 0.29 and a debt-to-equity ratio of 3.04. The stock has a market cap of $619.44 million, a P/E ratio of -1.90 and a beta of 0.90.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Tuesday, November 4th. The oil and gas producer reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The company had revenue of $310.96 million for the quarter, compared to the consensus estimate of $360.82 million. Kosmos Energy had a negative return on equity of 26.28% and a negative net margin of 23.64%. As a group, analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds have recently made changes to their positions in the stock. Blueshift Asset Management LLC acquired a new stake in Kosmos Energy during the second quarter worth about $27,000. Old Port Advisors acquired a new stake in shares of Kosmos Energy during the 4th quarter worth approximately $27,000. Ellevest Inc. bought a new stake in shares of Kosmos Energy during the second quarter valued at approximately $34,000. Public Employees Retirement System of Ohio raised its stake in shares of Kosmos Energy by 53.2% in the second quarter. Public Employees Retirement System of Ohio now owns 24,103 shares of the oil and gas producer’s stock valued at $41,000 after purchasing an additional 8,371 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Kosmos Energy in the second quarter worth $41,000. Institutional investors own 95.33% of the company’s stock.

Key Kosmos Energy News

Here are the key news stories impacting Kosmos Energy this week:

• Neutral Sentiment: Analysis piece frames Kosmos as a speculative, high-risk play on an oil-price recovery — useful context for investors weighing cyclical upside vs company-specific risks. Read More.
• Negative Sentiment: Multiple senior executives sold meaningful positions on Feb. 3–4 (likely applying downward pressure and signaling caution to the market). CEO Andrew G. Inglis sold 103,554 shares at ~$1.37 and 44,628 shares at ~$1.42 (SEC filing). CFO Nealesh D. Shah sold 54,434 shares at ~$1.37 and 24,690 shares at ~$1.42 (SEC filing). SVP Josh R. Marion and CAO Ronald W. Glass also sold on both days. Executives still hold multi?million and large six?figure stakes, but the recent sales reduced their positions by low single-digit percentages overall. CEO filings: Read More.; CFO filings: Read More.; SVP filings: Read More.; CAO filings: Read More.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Johnson Rice lowered shares of Kosmos Energy from a “buy” rating to an “accumulate” rating and dropped their price target for the company from $4.50 to $3.50 in a research report on Friday, December 5th. The Goldman Sachs Group lifted their target price on shares of Kosmos Energy from $1.75 to $2.00 and gave the stock a “neutral” rating in a report on Friday, January 30th. Stephens initiated coverage on shares of Kosmos Energy in a report on Tuesday, November 11th. They set an “equal weight” rating and a $1.75 price target for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kosmos Energy in a research report on Monday, December 29th. Finally, Clarkson Capital initiated coverage on Kosmos Energy in a research report on Friday, October 24th. They set a “buy” rating and a $4.00 price objective for the company. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $2.08.

About Kosmos Energy

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high?impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.