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Carrizo Oil & Gas (NASDAQ:CRZO) CEO S P. Iv Johnson unloaded 4,302 shares of Carrizo Oil & Gas stock on the open market in a transaction dated Thursday, August 14th. The shares were sold at an average price of $56.24, for a total transaction of $241,944.48. Following the completion of the transaction, the chief executive officer now directly owns 646,374 shares of the company’s stock, valued at approximately $36,352,074. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

CRZO has been the subject of a number of recent research reports. Analysts at BMO Capital Markets upgraded shares of Carrizo Oil & Gas from a “market perform” rating to an “outperform” rating in a research note on Tuesday. They now have a $70.00 price target on the stock. Separately, analysts at Northland Securities raised their price target on shares of Carrizo Oil & Gas from $76.00 to $83.00 in a research note on Wednesday, August 6th. They now have an “outperform” rating on the stock. Finally, analysts at KLR Group upgraded shares of Carrizo Oil & Gas from a “hold” rating to a “buy” rating in a research note on Wednesday, August 6th. They now have a $80.00 price target on the stock, up previously from $73.00. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Carrizo Oil & Gas presently has a consensus rating of “Buy” and a consensus price target of $68.32.

Carrizo Oil & Gas (NASDAQ:CRZO) traded up 1.63% during mid-day trading on Friday, hitting $57.30. 1,045,229 shares of the company’s stock traded hands. Carrizo Oil & Gas has a one year low of $32.07 and a one year high of $70.49. The stock’s 50-day moving average is $64.68 and its 200-day moving average is $55.88. The company’s market cap is $2.637 billion.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.70 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.02. The company had revenue of $193.50 million for the quarter, compared to the consensus estimate of $172.42 million. During the same quarter last year, the company posted $0.61 earnings per share. Carrizo Oil & Gas’s revenue was up 33.3% compared to the same quarter last year. Analysts expect that Carrizo Oil & Gas will post $2.78 EPS for the current fiscal year.

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

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