Rothschild Robert De Sells 3,904 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

Posted by John Perry on Feb 22nd, 2025

PrimeEnergy Resources Co. (NASDAQ:PNRG – Get Free Report) major shareholder Rothschild Robert De sold 3,904 shares of PrimeEnergy Resources stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $201.28, for a total transaction of $785,797.12. Following the sale, the insider now owns 237,930 shares in the company, valued at $47,890,550.40. This represents a 1.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Rothschild Robert De also recently made the following trade(s):

On Wednesday, February 12th, Rothschild Robert De sold 1,970 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $197.31, for a total transaction of $388,700.70.
On Monday, February 10th, Rothschild Robert De sold 1,337 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $203.92, for a total transaction of $272,641.04.
On Friday, February 7th, Rothschild Robert De sold 1,615 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $202.15, for a total transaction of $326,472.25.
On Wednesday, February 5th, Rothschild Robert De sold 503 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $215.18, for a total transaction of $108,235.54.
On Monday, February 3rd, Rothschild Robert De sold 471 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $212.00, for a total transaction of $99,852.00.
On Friday, January 31st, Rothschild Robert De sold 3,297 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $219.72, for a total transaction of $724,416.84.
On Friday, January 17th, Rothschild Robert De sold 1,831 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $213.69, for a total transaction of $391,266.39.
On Wednesday, January 15th, Rothschild Robert De sold 2,311 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.03, for a total transaction of $496,934.33.
On Monday, January 13th, Rothschild Robert De sold 3,446 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $205.40, for a total transaction of $707,808.40.

PrimeEnergy Resources Stock Down 1.6 %

Shares of NASDAQ:PNRG opened at $193.60 on Friday. PrimeEnergy Resources Co. has a 52 week low of $96.02 and a 52 week high of $243.49. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.54 and a current ratio of 0.54. The company’s fifty day moving average is $205.68 and its 200-day moving average is $174.44. The company has a market capitalization of $332.99 million, a PE ratio of 8.32 and a beta of 0.54.

Institutional Investors Weigh In On PrimeEnergy Resources

Several institutional investors and hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in shares of PrimeEnergy Resources by 23.5% in the 4th quarter. Wells Fargo & Company MN now owns 425 shares of the oil and natural gas company’s stock valued at $93,000 after purchasing an additional 81 shares in the last quarter. State Street Corp lifted its position in PrimeEnergy Resources by 1.4% during the 3rd quarter. State Street Corp now owns 7,447 shares of the oil and natural gas company’s stock worth $1,026,000 after buying an additional 100 shares in the last quarter. Cannell Capital LLC lifted its position in PrimeEnergy Resources by 3.2% during the 4th quarter. Cannell Capital LLC now owns 6,053 shares of the oil and natural gas company’s stock worth $1,329,000 after buying an additional 187 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in PrimeEnergy Resources by 3.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 8,196 shares of the oil and natural gas company’s stock worth $1,129,000 after buying an additional 247 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in PrimeEnergy Resources during the 3rd quarter worth about $47,000.

About PrimeEnergy Resources

(Get Free Report)

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells.