Carrizo Oil & Gas COO John Bradley Fisher Unloads 10,000 Shares (CRZO)
Carrizo Oil & Gas (NASDAQ:CRZO) COO John Bradley Fisher unloaded 10,000 shares of the stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $46.00, for a total transaction of $460,000.00. Following the sale, the chief operating officer now directly owns 57,529 shares in the company, valued at approximately $2,646,334. The transaction was disclosed in a filing with the SEC, which is available at this link.
Carrizo Oil & Gas (NASDAQ:CRZO) traded down 1.15% on Friday, hitting $43.75. 630,440 shares of the company’s stock traded hands. Carrizo Oil & Gas has a 52-week low of $20.15 and a 52-week high of $47.87. The stock’s 50-day moving average is $42.26 and its 200-day moving average is $38.36. The company has a market cap of $1.790 billion and a price-to-earnings ratio of 20.73.
Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.70 by $0.02. The company had revenue of $144.32 million for the quarter, compared to the consensus estimate of $146.50 million. During the same quarter last year, the company posted $0.44 earnings per share. Carrizo Oil & Gas’s revenue was up 56.5% compared to the same quarter last year. On average, analysts predict that Carrizo Oil & Gas will post $2.36 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Iberia Capital initiated coverage on shares of Carrizo Oil & Gas in a research note to investors on Friday, December 27th. They set an “outperform” rating and a $55.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Carrizo Oil & Gas from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, December 4th. They now have a $38.70 price target on the stock. Finally, analysts at MLV Capital initiated coverage on shares of Carrizo Oil & Gas in a research note to investors on Friday, November 22nd. They set a “buy” rating and a $60.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $41.16.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
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