Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis Sells 102,701 Shares

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $320,427.12. Following the completion of the sale, the chief executive officer now owns 4,236,691 shares of the company's stock, valued at approximately $13,218,475.92. This represents a 2.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Kosmos Energy Stock Performance

NYSE KOS traded up $0.02 on Friday, reaching $3.02. The stock had a trading volume of 7,180,236 shares, compared to its average volume of 6,753,512. Kosmos Energy Ltd. has a 1-year low of $2.62 and a 1-year high of $6.58. 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 cap of $1.42 billion, a P/E ratio of 6.85, a price-to-earnings-growth ratio of 4.69 and a beta of 2.41. The firm has a fifty day moving average of $3.41 and a two-hundred day moving average of $4.02.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KOS. Envestnet Asset Management Inc. grew its position in Kosmos Energy by 26.6% during the second quarter. Envestnet Asset Management Inc. now owns 341,300 shares of the oil and gas producer's stock worth $1,891,000 after buying an additional 71,632 shares in the last quarter. Marshall Wace LLP grew its holdings in shares of Kosmos Energy by 97.9% during the 2nd quarter. Marshall Wace LLP now owns 250,735 shares of the oil and gas producer's stock worth $1,389,000 after purchasing an additional 124,058 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Kosmos Energy by 80.2% in the second quarter. AQR Capital Management LLC now owns 305,604 shares of the oil and gas producer's stock worth $1,693,000 after purchasing an additional 136,029 shares during the period. Millennium Management LLC raised its stake in Kosmos Energy by 34.9% in the second quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer's stock valued at $12,976,000 after purchasing an additional 606,195 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in Kosmos Energy by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 257,887 shares of the oil and gas producer's stock valued at $1,429,000 after purchasing an additional 8,197 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

Wall Street Analysts Forecast Growth

KOS has been the topic of several research analyst reports. Jefferies Financial Group restated a "buy" rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark dropped their price target on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Sanford C. Bernstein dropped their price objective on shares of 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 reduced 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $5.52.

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.