Insider Selling: Kosmos Energy Ltd. (NYSE:KOS) SVP Sells 16,144 Shares of Stock

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) SVP Josh R. Marion sold 16,144 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,369.28. Following the completion of the sale, the senior vice president now owns 172,057 shares in the company, valued at $536,817.84. This represents a 8.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kosmos Energy Stock Performance

Shares of NYSE:KOS traded up $0.02 during midday trading on Friday, reaching $3.02. The company had a trading volume of 7,180,236 shares, compared to its average volume of 6,753,512. Kosmos Energy Ltd. has a 52-week low of $2.62 and a 52-week high of $6.58. The company's 50 day moving average price is $3.41 and its 200 day moving average price is $4.02. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The stock has a market cap of $1.42 billion, a P/E ratio of 6.85, a P/E/G ratio of 4.69 and a beta of 2.41.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. 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 note 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. 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. Mizuho lowered 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. Finally, Jefferies Financial Group restated a "buy" rating and set a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $5.52.

Institutional Investors Weigh In On Kosmos Energy

Several large investors have recently modified their holdings of KOS. Point72 Asia Singapore Pte. Ltd. bought a new position in Kosmos Energy during the third quarter valued at $28,000. Sapient Capital LLC purchased a new position in shares of Kosmos Energy during the 4th quarter valued at $37,000. Signaturefd LLC grew its stake in shares of Kosmos Energy by 39,777.8% during 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 period. CTC Alternative Strategies Ltd. purchased a new stake in Kosmos Energy in the 3rd quarter worth about $43,000. Finally, InTrack Investment Management Inc bought a new stake in Kosmos Energy in the 3rd quarter valued at about $44,000. Hedge funds and other institutional investors own 95.33% of the company's stock.

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.