PrimeEnergy Resources Co. (NASDAQ:PNRG - Get Free Report) major shareholder Rothschild Robert De sold 1,708 shares of the firm's stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $130.27, for a total transaction of $222,501.16. Following the sale, the insider now owns 275,060 shares of the company's stock, valued at $35,832,066.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Rothschild Robert De also recently made the following trade(s):
- On Tuesday, May 28th, Rothschild Robert De sold 17,800 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $97.50, for a total value of $1,735,500.00.
PrimeEnergy Resources Stock Performance
NASDAQ PNRG traded up $3.96 on Friday, reaching $131.84. The stock had a trading volume of 4,534 shares, compared to its average volume of 2,393. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.36 and a quick ratio of 0.36. The company has a market cap of $235.33 million, a P/E ratio of 9.15 and a beta of 0.55. The firm has a fifty day moving average of $113.43 and a two-hundred day moving average of $105.98. PrimeEnergy Resources Co. has a 1-year low of $92.40 and a 1-year high of $136.00.
Hedge Funds Weigh In On PrimeEnergy Resources
A number of hedge funds have recently bought and sold shares of PNRG. IFG Advisory LLC acquired a new position in shares of PrimeEnergy Resources during the 2nd quarter worth approximately $532,000. Victory Capital Management Inc. acquired a new stake in PrimeEnergy Resources during the second quarter worth approximately $222,000. Dimensional Fund Advisors LP grew its position in PrimeEnergy Resources by 3.7% during the second quarter. Dimensional Fund Advisors LP now owns 29,571 shares of the oil and natural gas company's stock worth $3,146,000 after buying an additional 1,045 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in PrimeEnergy Resources by 17.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,093 shares of the oil and natural gas company's stock worth $754,000 after acquiring an additional 1,033 shares during the period. Finally, New York State Common Retirement Fund raised its holdings in PrimeEnergy Resources by 10.5% in the 4th quarter. New York State Common Retirement Fund now owns 4,206 shares of the oil and natural gas company's stock valued at $447,000 after acquiring an additional 400 shares in the last quarter.
About PrimeEnergy Resources
(
Get Free Report)
PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells.
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