Andrew G. Inglis Sells 102,701 Shares of Kosmos Energy Ltd. (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOS) CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $320,427.12. Following the completion of the transaction, the chief executive officer now directly owns 4,236,691 shares in the company, valued at $13,218,475.92. The trade was a 2.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Kosmos Energy Trading Down 3.1 %

Shares of KOS stock opened at $3.01 on Friday. The stock has a market cap of $1.42 billion, a P/E ratio of 6.83, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a 1 year low of $2.62 and a 1 year high of $6.58. 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 50 day simple moving average of $3.43 and a 200 day simple moving average of $4.05.

Analysts Set New Price Targets

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

Institutional Trading of Kosmos Energy

A number of institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in Kosmos Energy in the fourth quarter valued at about $2,049,000. Victory Capital Management Inc. increased its holdings in Kosmos Energy by 17.1% in the 4th quarter. Victory Capital Management Inc. now owns 138,444 shares of the oil and gas producer’s stock valued at $473,000 after buying an additional 20,235 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Kosmos Energy by 13.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after buying an additional 847,635 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Kosmos Energy by 19.2% during the 4th quarter. US Bancorp DE now owns 494,619 shares of the oil and gas producer’s stock worth $1,692,000 after acquiring an additional 79,517 shares during the period. Finally, Equinox Partners Investment Management LLC boosted its position in shares of Kosmos Energy by 39.2% during the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after acquiring an additional 3,218,394 shares in the last quarter. 95.33% of the stock is currently owned by 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.