Clint Hurt Sells 3,368 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 3,368 shares of the company’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $100.01, for a total transaction of $336,833.68. Following the completion of the transaction, the director now directly owns 147,827 shares in the company, valued at approximately $14,784,178.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Clint Hurt also recently made the following trade(s):

• On Wednesday, April 24th, Clint Hurt sold 874 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $100.00, for a total transaction of $87,400.00.
• On Thursday, April 18th, Clint Hurt sold 1,568 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $100.15, for a total transaction of $157,035.20.

PrimeEnergy Resources Price Performance

NASDAQ PNRG opened at $102.47 on Friday. The firm’s 50-day moving average is $99.70 and its two-hundred day moving average is $102.38. PrimeEnergy Resources Co. has a 12 month low of $80.63 and a 12 month high of $120.00. The stock has a market capitalization of $183.42 million, a P/E ratio of 9.52 and a beta of 0.51.

Institutional Trading of PrimeEnergy Resources

Institutional investors and hedge funds have recently bought and sold shares of the business. Lauer Wealth LLC purchased a new stake in PrimeEnergy Resources during the fourth quarter worth about $300,000. Raymond James & Associates purchased a new stake in PrimeEnergy Resources during the third quarter worth about $232,000. Barclays PLC increased its stake in PrimeEnergy Resources by 258.4% during the third quarter. Barclays PLC now owns 534 shares of the oil and natural gas company’s stock worth $62,000 after purchasing an additional 385 shares during the period. Janney Montgomery Scott LLC increased its stake in PrimeEnergy Resources by 21.4% during the third quarter. Janney Montgomery Scott LLC now owns 6,060 shares of the oil and natural gas company’s stock worth $703,000 after purchasing an additional 1,067 shares during the period. Finally, New York State Common Retirement Fund increased its stake in shares of PrimeEnergy Resources by 11.9% during the third quarter. New York State Common Retirement Fund now owns 3,806 shares of the oil and natural gas company’s stock worth $441,000 after buying an additional 406 shares during the period.

About PrimeEnergy Resources

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations.