Carrizo Oil & Gas CEO S Iv Johnson Sells 6,000 Shares (CRZO)
Carrizo Oil & Gas (NASDAQ:CRZO) CEO S Iv Johnson sold 6,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $38.85, for a total transaction of $233,100.00. Following the completion of the sale, the chief executive officer now directly owns 651,642 shares in the company, valued at approximately $25,316,292. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Carrizo Oil & Gas (NASDAQ:CRZO) traded up 1.63% on Friday, hitting $41.65. The stock had a trading volume of 1,824,205 shares. Carrizo Oil & Gas has a 52-week low of $19.47 and a 52-week high of $42.13. The stock has a 50-day moving average of $35.42 and a 200-day moving average of $29.86. The company has a market cap of $1.702 billion and a P/E ratio of 20.42.
Carrizo Oil & Gas (NASDAQ:CRZO) last released its earnings data on Wednesday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.08. The company had revenue of $134.22 million for the quarter, compared to the consensus estimate of $128.73 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 60.1% on a year-over-year basis. On average, analysts predict that Carrizo Oil & Gas will post $2.65 earnings per share for the current fiscal year.
CRZO has been the subject of a number of recent research reports. Analysts at Sterne Agee initiated coverage on shares of Carrizo Oil & Gas (NASDAQ:CRZO) in a research note to investors on Friday. They set a “buy” rating and a $50.00 price target on the stock. Separately, analysts at Miller Tabak initiated coverage on shares of Carrizo Oil & Gas (NASDAQ:CRZO) in a research note to investors on Monday, September 23rd. They set a “buy” rating and a $46.00 price target on the stock. Finally, analysts at SunTrust raised their price target on shares of Carrizo Oil & Gas (NASDAQ:CRZO) from $32.00 to $45.00 in a research note to investors on Thursday, September 19th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Carrizo Oil & Gas has a consensus rating of “Buy” and an average price target of $35.45.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
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