Insider Selling: W Greg Dunlevy Sells 16,801 Shares of Kosmos Energy Stock (KOS)
Kosmos Energy (NYSE:KOS) CFO W Greg Dunlevy unloaded 16,801 shares of the stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $11.00, for a total value of $184,811.00. Following the transaction, the chief financial officer now directly owns 6,489,246 shares in the company, valued at approximately $71,381,706. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on KOS. Analysts at BMO Capital Markets initiated coverage on shares of Kosmos Energy in a research note on Tuesday. They set a “market perform” rating and a $12.00 price target on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of Kosmos Energy in a research note on Thursday, January 30th. They set a “buy” rating and a $10.31 price target on the stock. Finally, analysts at Societe Generale cut their price target on shares of Kosmos Energy from $17.00 to $15.00 in a research note on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $12.78.
Shares of Kosmos Energy (NYSE:KOS) traded up 1.48% on Wednesday, hitting $10.99. 566,161 shares of the company’s stock traded hands. Kosmos Energy has a 52 week low of $9.71 and a 52 week high of $12.17. The stock has a 50-day moving average of $10.81 and a 200-day moving average of $10.70. The company’s market cap is $4.151 billion.
Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, February 24th. The company reported $0.01 EPS for the quarter. The company had revenue of $214.90 million for the quarter, compared to the consensus estimate of $219.80 million.
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.
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