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

PrimeEnergy Resources Co. (NASDAQ:PNRG) major shareholder Rothschild Robert De sold 3,904 shares of the company’s stock in a transaction dated 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 sale, the insider now directly owns 237,930 shares in the company, valued at approximately $47,890,550.40. The trade was a 1.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 shares were 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 transaction of $272,641.04.
• 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 transaction 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 stock was 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 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 stock was sold at an average price of $205.40, for a total transaction of $707,808.40.

PrimeEnergy Resources Price Performance

Shares of NASDAQ PNRG opened at $193.60 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $332.99 million, a PE ratio of 8.32 and a beta of 0.54. The firm has a fifty day simple moving average of $205.68 and a 200 day simple moving average of $174.91. PrimeEnergy Resources Co. has a twelve month low of $96.02 and a twelve month high of $243.49.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC acquired a new stake in PrimeEnergy Resources during the third quarter worth approximately $47,000. Wells Fargo & Company MN grew its position in shares of PrimeEnergy Resources by 23.5% during the 4th quarter. Wells Fargo & Company MN now owns 425 shares of the oil and natural gas company’s stock worth $93,000 after buying an additional 81 shares during the period. BNP Paribas Financial Markets increased its stake in shares of PrimeEnergy Resources by 489.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,238 shares of the oil and natural gas company’s stock valued at $171,000 after acquiring an additional 1,028 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in shares of PrimeEnergy Resources during the 4th quarter valued at $203,000. Finally, Nuveen Asset Management LLC acquired a new position in shares of PrimeEnergy Resources during the 4th quarter valued at $207,000.

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.