Insider Selling: Kosmos Energy Ltd. (NYSE:KOS) CFO Sells 78,015 Shares of Stock

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CFO Nealesh D. Shah sold 78,015 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $243,406.80. Following the transaction, the chief financial officer now directly owns 1,555,374 shares of the company's stock, valued at $4,852,766.88. The trade was a 4.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Kosmos Energy Trading Up 7.8 %

Shares of NYSE:KOS traded up $0.24 during 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 firm's 50-day moving average price is $3.40 and its 200 day moving average price is $3.99. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 7.38, a price-to-earnings-growth 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 quick ratio of 0.47 and a current ratio of 0.75.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Kosmos Energy

Several institutional investors have recently bought and sold shares of KOS. Fruth Investment Management raised its stake in shares of Kosmos Energy by 10.2% in the 3rd quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer's stock valued at $108,000 after acquiring an additional 2,500 shares during the period. nVerses Capital LLC raised its position in Kosmos Energy by 13.6% in the third quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer's stock valued at $125,000 after purchasing an additional 3,700 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Kosmos Energy by 10.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer's stock worth $155,000 after purchasing an additional 4,381 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Kosmos Energy by 3.9% in the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock worth $531,000 after buying an additional 4,640 shares during the period. Finally, Avidian Wealth Enterprises LLC grew its stake in shares of Kosmos Energy by 42.8% in the third quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer's stock valued at $66,000 after buying an additional 4,921 shares in the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

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.