Kosmos Energy Ltd. (NYSE:KOS) CEO Sells $432,709.68 in Stock

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CEO Andrew G. Inglis sold 138,689 shares of Kosmos Energy stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $432,709.68. Following the completion of the transaction, the chief executive officer now directly owns 3,959,000 shares of the company's stock, valued at $12,352,080. This trade represents a 3.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Kosmos Energy Stock Performance

Shares of KOS stock traded up $0.24 during trading hours on Monday, reaching $3.25. 10,918,165 shares of the company traded hands, compared to its average volume of 7,540,162. The firm has a 50-day moving average price of $3.40 and a 200 day moving average price of $3.99. The company 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. 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 current ratio of 0.75 and a quick ratio of 0.47.

Hedge Funds Weigh In On Kosmos Energy

Hedge funds have recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. raised its holdings in Kosmos Energy by 7.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer's stock valued at $113,828,000 after acquiring an additional 1,933,216 shares during the period. Hotchkis & Wiley Capital Management LLC grew its position in shares of Kosmos Energy by 8.1% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer's stock worth $85,202,000 after purchasing an additional 1,588,990 shares in the last quarter. William Blair Investment Management LLC raised its stake in Kosmos Energy by 28.1% during the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock valued at $64,104,000 after purchasing an additional 4,114,499 shares during the period. Equinox Partners Investment Management LLC lifted its holdings in Kosmos Energy by 39.2% in the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer's stock worth $39,063,000 after purchasing an additional 3,218,394 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer's stock worth $42,650,000 after purchasing an additional 68,339 shares during the period. 95.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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