Share on StockTwits

Kosmos Energy (NYSE:KOS) Insider Brian F. Maxted sold 7,900 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $11.25, for a total transaction of $88,875.00. Following the completion of the sale, the insider now directly owns 2,256,998 shares of the company’s stock, valued at approximately $25,391,228. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on KOS shares. Analysts at Global Hunter Securities downgraded shares of Kosmos Energy from an “accumulate” rating to a “neutral” rating in a research note on Tuesday, June 3rd. They now have a $11.00 price target on the stock, down previously from $12.50. Separately, analysts at Guggenheim reiterated a “buy” rating on shares of Kosmos Energy in a research note on Wednesday, May 14th. They now have a $17.00 price target on the stock, down previously from $18.00. Finally, analysts at TheStreet upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, May 7th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $12.56.

Kosmos Energy (NYSE:KOS) traded up 0.45% on Wednesday, hitting $11.08. The stock had a trading volume of 968,599 shares. Kosmos Energy has a 1-year low of $9.71 and a 1-year high of $11.60. The stock’s 50-day moving average is $10.57 and its 200-day moving average is $10.73. The company’s market cap is $4.187 billion.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.15.

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.