Kosmos Energy Director Unloads $57,550 in Stock (KOS)
Kosmos Energy (NYSE:KOS) Director John Randolph Kemp III sold 5,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $11.51, for a total transaction of $57,550.00. Following the transaction, the director now directly owns 109,524 shares of the company’s stock, valued at approximately $1,260,621. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Kosmos Energy (NYSE:KOS) traded down 8.01% during mid-day trading on Wednesday, hitting $10.22. 3,021,629 shares of the company’s stock traded hands. Kosmos Energy has a 1-year low of $9.71 and a 1-year high of $12.87. The stock’s 50-day moving average is $11.01 and its 200-day moving average is $10.62. The company’s market cap is $3.860 billion.
Kosmos Energy (NYSE:KOS) last announced its earnings results on Tuesday, November 5th. The company reported ($0.12) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.08. The company had revenue of $215.00 million for the quarter, compared to the consensus estimate of $222.00 million.
KOS has been the subject of a number of recent research reports. Analysts at Mizuho cut their price target on shares of Kosmos Energy from $14.00 to $13.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at HSBC upgraded shares of Kosmos Energy to an “overweight” rating in a research note to investors on Thursday, January 9th. Finally, analysts at Tudor Pickering upgraded shares of Kosmos Energy from a “hold” rating to an “accumulate” rating in a research note to investors on Thursday, January 9th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $12.90.
Kosmos Energy, Ltd. operates as an oil exploration and production company. The Company engages in the exploration, development, and production of oil and natural gas in Africa.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.