Rothschild Robert De Sells 471 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG - Get Free Report) major shareholder Rothschild Robert De sold 471 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $212.00, for a total value of $99,852.00. Following the sale, the insider now owns 253,000 shares in the company, valued at approximately $53,636,000. This represents a 0.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

Rothschild Robert De also recently made the following trade(s):

• On Friday, February 7th, Rothschild Robert De sold 1,615 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $202.15, for a total value of $326,472.25.
• On Wednesday, February 5th, Rothschild Robert De sold 503 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.18, for a total value of $108,235.54.
• On Friday, January 31st, Rothschild Robert De sold 3,297 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $219.72, for a total value of $724,416.84.
• On Friday, January 17th, Rothschild Robert De sold 1,831 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $213.69, for a total value of $391,266.39.
• On Wednesday, January 15th, Rothschild Robert De sold 2,311 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.03, for a total value of $496,934.33.
• On Monday, January 13th, Rothschild Robert De sold 3,446 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $205.40, for a total value of $707,808.40.

PrimeEnergy Resources Price Performance

PrimeEnergy Resources stock traded down $9.37 on Friday, reaching $197.12. The company's stock had a trading volume of 17,781 shares, compared to its average volume of 21,797. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.54 and a current ratio of 0.54. The company has a market cap of $339.05 million, a price-to-earnings ratio of 8.47 and a beta of 0.54. The business's fifty day moving average price is $205.42 and its 200 day moving average price is $169.11. PrimeEnergy Resources Co. has a twelve month low of $93.52 and a twelve month high of $243.49.

Hedge Funds Weigh In On PrimeEnergy Resources

Large investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new stake in PrimeEnergy Resources in the third quarter valued at about $47,000. Bank of New York Mellon Corp bought a new stake in PrimeEnergy Resources in the fourth quarter valued at about $246,000. BNP Paribas Financial Markets increased its holdings in PrimeEnergy Resources by 489.5% in the third quarter. BNP Paribas Financial Markets now owns 1,238 shares of the oil and natural gas company's stock valued at $171,000 after purchasing an additional 1,028 shares during the last quarter. Safir Wealth Advisors LLC bought a new stake in PrimeEnergy Resources in the fourth quarter valued at about $273,000. Finally, JPMorgan Chase & Co. increased its holdings in PrimeEnergy Resources by 119.4% in the third quarter. JPMorgan Chase & Co. now owns 1,512 shares of the oil and natural gas company's stock valued at $208,000 after purchasing an additional 823 shares during the last quarter.

About PrimeEnergy Resources

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.