Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass Sells 16,182 Shares

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CAO Ronald W. Glass sold 16,182 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,487.84. Following the completion of the transaction, the chief accounting officer now owns 320,231 shares in the company, valued at approximately $999,120.72. This represents a 4.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Kosmos Energy Price Performance

NYSE:KOS traded up $0.02 during trading hours on Friday, hitting $3.02. The company's stock had a trading volume of 7,180,236 shares, compared to its average volume of 6,753,512. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company has a market capitalization of $1.42 billion, a P/E ratio of 6.85, a PEG ratio of 4.69 and a beta of 2.41. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The stock has a fifty day simple moving average of $3.41 and a 200-day simple moving average of $4.02.

Hedge Funds Weigh In On Kosmos Energy

Institutional investors have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy during the third quarter worth $28,000. Sapient Capital LLC bought a new position in Kosmos Energy in the fourth quarter valued at about $37,000. Signaturefd LLC raised its position in 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 purchasing an additional 10,740 shares during the last quarter. CTC Alternative Strategies Ltd. acquired a new stake in shares of Kosmos Energy during the third quarter valued at about $43,000. Finally, InTrack Investment Management Inc bought a new stake in shares of Kosmos Energy during the third quarter worth about $44,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. StockNews.com upgraded shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Benchmark dropped their target price on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Jefferies Financial Group restated a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. Sanford C. Bernstein reduced their price target 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. Finally, Mizuho dropped their price objective on 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 given a buy rating to the company. Based on data from MarketBeat.com, Kosmos Energy currently has an average rating of "Moderate Buy" and an average price target of $5.52.

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.