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Carrizo Oil & Gas (NASDAQ:CRZO) CEO S P. Iv Johnson sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $69.67, for a total transaction of $418,020.00. Following the sale, the chief executive officer now directly owns 648,342 shares of the company’s stock, valued at approximately $45,169,987. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on CRZO shares. Analysts at Mizuho raised their price target on shares of Carrizo Oil & Gas from $67.00 to $80.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Global Hunter Securities raised their price target on shares of Carrizo Oil & Gas from $67.00 to $84.00 in a research note on Tuesday. Finally, analysts at SunTrust raised their price target on shares of Carrizo Oil & Gas from $66.00 to $80.00 in a research note on Monday. They now have a “buy” rating on the stock. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Carrizo Oil & Gas presently has a consensus rating of “Buy” and an average price target of $63.15.

Shares of Carrizo Oil & Gas (NASDAQ:CRZO) traded down 0.17% on Thursday, hitting $69.28. 252,255 shares of the company’s stock traded hands. Carrizo Oil & Gas has a 52 week low of $29.74 and a 52 week high of $70.49. The stock has a 50-day moving average of $62.13 and a 200-day moving average of $51.59. The company has a market cap of $3.151 billion and a price-to-earnings ratio of 126.64.

Carrizo Oil & Gas (NASDAQ:CRZO) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.11. The company had revenue of $150.50 million for the quarter, compared to the consensus estimate of $140.26 million. During the same quarter last year, the company posted $0.54 earnings per share. Carrizo Oil & Gas’s revenue was up 27.3% compared to the same quarter last year. On average, analysts predict that Carrizo Oil & Gas will post $2.80 earnings per share for the current fiscal year.

Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.

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