PrimeEnergy Resources Co. (NASDAQ:PNRG) Major Shareholder Rothschild Robert De Sells 3,904 Shares

PrimeEnergy Resources Co. (NASDAQ:PNRG - Get Free Report) major shareholder Rothschild Robert De sold 3,904 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $201.28, for a total transaction of $785,797.12. Following the completion of the transaction, the insider now owns 237,930 shares in the company, valued at $47,890,550.40. The trade was a 1.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Large 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 Wednesday, February 12th, Rothschild Robert De sold 1,970 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $197.31, for a total transaction of $388,700.70.
• On Monday, February 10th, Rothschild Robert De sold 1,337 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $203.92, for a total value of $272,641.04.
• On Friday, February 7th, Rothschild Robert De sold 1,615 shares of PrimeEnergy Resources stock. The stock was 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 Monday, February 3rd, Rothschild Robert De sold 471 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $212.00, for a total value of $99,852.00.
• 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 transaction 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 transaction of $391,266.39.
• On Wednesday, January 15th, Rothschild Robert De sold 2,311 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $215.03, for a total transaction 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 transaction of $707,808.40.

PrimeEnergy Resources Stock Up 0.3 %

Shares of NASDAQ:PNRG traded up $0.65 during trading on Tuesday, hitting $194.69. The company's stock had a trading volume of 9,060 shares, compared to its average volume of 17,704. PrimeEnergy Resources Co. has a fifty-two week low of $96.02 and a fifty-two week high of $243.49. The stock's 50-day moving average price is $205.82 and its two-hundred day moving average price is $175.99. 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 capitalization of $334.28 million, a PE ratio of 8.37 and a beta of 0.54.

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Hedge Funds Weigh In On PrimeEnergy Resources

Institutional investors have recently made changes to their positions in the business. Invesco Ltd. bought a new stake in shares of PrimeEnergy Resources in the fourth quarter worth $6,322,000. American Century Companies Inc. lifted its holdings in PrimeEnergy Resources by 363.6% during the 4th quarter. American Century Companies Inc. now owns 7,270 shares of the oil and natural gas company's stock worth $1,596,000 after buying an additional 5,702 shares during the last quarter. Empowered Funds LLC grew its position in shares of PrimeEnergy Resources by 185.7% in the 4th quarter. Empowered Funds LLC now owns 8,108 shares of the oil and natural gas company's stock worth $1,780,000 after acquiring an additional 5,270 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of PrimeEnergy Resources by 73.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 12,449 shares of the oil and natural gas company's stock valued at $2,734,000 after acquiring an additional 5,270 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of PrimeEnergy Resources during the 4th quarter valued at approximately $815,000.

PrimeEnergy Resources Company Profile

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.