Carrizo Oil & Gas Inc. (NASDAQ:CRZO) CEO S P. Iv Johnson sold 6,000 shares of Carrizo Oil & Gas stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $34.74, for a total transaction of $208,440.00. Following the sale, the chief executive officer now owns 589,815 shares of the company’s stock, valued at $20,490,173.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Carrizo Oil & Gas Inc. (NASDAQ:CRZO) opened at 36.82 on Friday. The firm’s market cap is $2.15 billion. The stock’s 50 day moving average is $37.97 and its 200 day moving average is $36.72. Carrizo Oil & Gas Inc. has a one year low of $16.10 and a one year high of $43.56.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its earnings results on Thursday, November 3rd. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.06. Carrizo Oil & Gas had a positive return on equity of 85.42% and a negative net margin of 264.25%. The firm earned $111.20 million during the quarter, compared to analysts’ expectations of $127.99 million. During the same quarter in the prior year, the business earned $0.20 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. On average, equities research analysts expect that Carrizo Oil & Gas Inc. will post $0.96 earnings per share for the current year.

Insider Buying and Selling by Quarter for Carrizo Oil & Gas (NASDAQ:CRZO)

Several large investors have recently bought and sold shares of CRZO. Financial Architects Inc boosted its stake in Carrizo Oil & Gas by 4,458.8% in the second quarter. Financial Architects Inc now owns 3,100 shares of the company’s stock valued at $111,000 after buying an additional 3,032 shares in the last quarter. Moody National Bank Trust Division acquired a new stake in Carrizo Oil & Gas during the third quarter valued at $201,000. Dorsey & Whitney Trust CO LLC acquired a new stake in Carrizo Oil & Gas during the third quarter valued at $217,000. Blair William & Co. IL acquired a new stake in Carrizo Oil & Gas during the second quarter valued at $209,000. Finally, Panagora Asset Management Inc. boosted its stake in Carrizo Oil & Gas by 77.2% in the second quarter. Panagora Asset Management Inc. now owns 6,127 shares of the company’s stock valued at $220,000 after buying an additional 2,670 shares in the last quarter.

Several research firms recently issued reports on CRZO. Zacks Investment Research raised shares of Carrizo Oil & Gas from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Tuesday, October 11th. Mizuho began coverage on shares of Carrizo Oil & Gas in a research report on Wednesday, October 5th. They issued a “neutral” rating and a $42.00 target price on the stock. Credit Suisse Group AG cut shares of Carrizo Oil & Gas from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $42.00 to $41.00 in a research report on Thursday, October 13th. Goldman Sachs Group Inc. cut shares of Carrizo Oil & Gas from a “buy” rating to a “neutral” rating and set a $45.00 target price on the stock. in a research report on Tuesday, October 18th. Finally, KLR Group cut shares of Carrizo Oil & Gas from a “buy” rating to an “accumulate” rating and set a $45.00 price target on the stock. in a research report on Tuesday, October 18th. Seven equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $40.73.

Carrizo Oil & Gas Company Profile

Carrizo Oil & Gas, Inc is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

5 Day Chart for NASDAQ:CRZO

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