Insider Selling: Kosmos Energy Ltd. (NYSE:KOS) SVP Sells 84,898 Shares of Stock

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) SVP Christopher James Ball sold 84,898 shares of Kosmos Energy stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $264,881.76. Following the sale, the senior vice president now owns 1,639,925 shares of the company's stock, valued at approximately $5,116,566. This represents a 4.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kosmos Energy Stock Performance

NYSE KOS traded up $0.24 on Monday, reaching $3.25. The stock had a trading volume of 10,918,165 shares, compared to its average volume of 7,540,162. The business's 50-day moving average price is $3.40 and its 200 day moving average price is $3.99. The stock has a market cap of $1.53 billion, a P/E ratio of 7.38, a price-to-earnings-growth ratio of 4.69 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. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

Analyst Upgrades and Downgrades

KOS has been the topic of several research reports. Jefferies Financial Group reissued a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Sanford C. Bernstein cut their target price on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research report on Tuesday, November 5th. Benchmark cut their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, Mizuho lowered their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Kosmos Energy currently has an average rating of "Moderate Buy" and a consensus target price of $5.52.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy during the 3rd quarter worth approximately $28,000. CTC Alternative Strategies Ltd. acquired a new position in Kosmos Energy in the 3rd quarter valued at $43,000. Sapient Capital LLC acquired a new stake in shares of Kosmos Energy in the 4th quarter worth $37,000. Signaturefd LLC boosted its holdings in shares of Kosmos Energy by 39,777.8% in the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer's stock valued at $43,000 after acquiring an additional 10,740 shares in the last quarter. Finally, InTrack Investment Management Inc acquired a new position in shares of Kosmos Energy during the third quarter worth about $44,000. 95.33% of the stock is owned by hedge funds and other institutional investors.

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.