PrimeEnergy Resources Co. (NASDAQ:PNRG) Major Shareholder Rothschild Robert De Acquires 1,017 Shares

PrimeEnergy Resources Co. (NASDAQ:PNRG - Get Free Report) major shareholder Rothschild Robert De purchased 1,017 shares of the business's stock in a transaction on Friday, February 21st. The stock was bought at an average cost of $195.29 per share, for a total transaction of $198,609.93. Following the purchase, the insider now owns 236,913 shares of the company's stock, valued at approximately $46,266,739.77. This represents a 0.43 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, February 19th, Rothschild Robert De sold 3,904 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $201.28, for a total transaction of $785,797.12.
• 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 shares were sold at an average price of $203.92, for a total value 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 value of $326,472.25.
• On Wednesday, February 5th, Rothschild Robert De sold 503 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.18, for a total value 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 value 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 stock was 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 stock was sold at an average price of $205.40, for a total transaction of $707,808.40.

PrimeEnergy Resources Stock Down 3.2 %

Shares of NASDAQ:PNRG traded down $6.22 during midday trading on Monday, reaching $189.68. The company had a trading volume of 14,343 shares, compared to its average volume of 6,793. PrimeEnergy Resources Co. has a 1-year low of $96.02 and a 1-year high of $243.49. The stock has a market cap of $325.68 million, a PE ratio of 8.15 and a beta of 0.54. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.01. The business's 50 day moving average price is $207.74 and its 200 day moving average price is $178.80.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new position in shares of PrimeEnergy Resources in the third quarter valued at $47,000. Wells Fargo & Company MN lifted its stake in PrimeEnergy Resources by 23.5% in the fourth quarter. Wells Fargo & Company MN now owns 425 shares of the oil and natural gas company's stock valued at $93,000 after acquiring an additional 81 shares during the last quarter. Great Lakes Advisors LLC bought a new position in shares of PrimeEnergy Resources in the 4th quarter valued at about $203,000. Nuveen Asset Management LLC acquired a new position in shares of PrimeEnergy Resources during the 4th quarter worth about $207,000. Finally, Ellevest Inc. bought a new stake in shares of PrimeEnergy Resources in the 4th quarter valued at about $241,000.

PrimeEnergy Resources Company Profile

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.