Kosmos Energy Ltd. (NYSE:KOS) CAO Sells $32,304.48 in Stock

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CAO Ronald W. Glass sold 10,354 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $32,304.48. Following the transaction, the chief accounting officer now owns 299,498 shares in the company, valued at approximately $934,433.76. This trade represents a 3.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kosmos Energy Trading Up 7.8 %

NYSE KOS traded up $0.24 during mid-day trading on Monday, reaching $3.25. 10,918,165 shares of the stock were exchanged, compared to its average volume of 7,540,162. The stock has a market cap of $1.53 billion, a P/E ratio of 7.38, a P/E/G ratio of 4.69 and a beta of 2.41. 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 stock has a 50 day simple moving average of $3.40 and a 200-day simple moving average of $3.99. Kosmos Energy Ltd. has a one year low of $2.62 and a one year high of $6.58.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Kosmos Energy

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

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.