Carrizo Oil & Gas Inc (NASDAQ:CRZO) insider S P. Iv Johnson sold 8,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $18.69, for a total transaction of $149,520.00. Following the transaction, the insider now owns 231,194 shares of the company’s stock, valued at $4,321,015.86. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Carrizo Oil & Gas Inc (NASDAQ:CRZO) traded up $1.00 during mid-day trading on Friday, hitting $20.33. 4,081,592 shares of the stock were exchanged, compared to its average volume of 3,330,740. Carrizo Oil & Gas Inc has a 52 week low of $11.10 and a 52 week high of $42.75. The firm has a market cap of $1,574.52, a PE ratio of 15.46 and a beta of 2.18. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 4.38.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings data on Tuesday, November 7th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.09. Carrizo Oil & Gas had a net margin of 16.08% and a return on equity of 58.37%. The company had revenue of $181.28 million during the quarter, compared to analysts’ expectations of $177.97 million. During the same quarter in the prior year, the company posted $0.23 EPS. The business’s revenue was up 63.1% on a year-over-year basis. research analysts forecast that Carrizo Oil & Gas Inc will post 1.32 EPS for the current year.

Several research firms recently commented on CRZO. Goldman Sachs Group set a $17.00 target price on shares of Carrizo Oil & Gas and gave the company a “hold” rating in a research note on Thursday, October 19th. Tudor Pickering cut shares of Carrizo Oil & Gas from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. Jefferies Group reiterated a “buy” rating and set a $25.00 target price (down from $64.00) on shares of Carrizo Oil & Gas in a research note on Tuesday, August 29th. Royal Bank Of Canada reiterated a “buy” rating and set a $23.00 target price on shares of Carrizo Oil & Gas in a research note on Friday, September 15th. Finally, Zacks Investment Research upgraded shares of Carrizo Oil & Gas from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $28.76.

Several hedge funds have recently made changes to their positions in CRZO. NWQ Investment Management Company LLC increased its position in shares of Carrizo Oil & Gas by 122.6% during the 3rd quarter. NWQ Investment Management Company LLC now owns 7,261,441 shares of the oil and gas producer’s stock worth $124,388,000 after purchasing an additional 3,999,717 shares in the last quarter. Frontier Capital Management Co. LLC increased its position in shares of Carrizo Oil & Gas by 27.6% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 6,256,691 shares of the oil and gas producer’s stock worth $107,177,000 after purchasing an additional 1,351,602 shares in the last quarter. Lord Abbett & CO. LLC increased its position in shares of Carrizo Oil & Gas by 89.5% during the 2nd quarter. Lord Abbett & CO. LLC now owns 2,659,107 shares of the oil and gas producer’s stock worth $46,322,000 after purchasing an additional 1,256,160 shares in the last quarter. BlackRock Inc. increased its position in shares of Carrizo Oil & Gas by 11.4% during the 2nd quarter. BlackRock Inc. now owns 9,534,149 shares of the oil and gas producer’s stock worth $166,088,000 after purchasing an additional 978,942 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Carrizo Oil & Gas by 488.5% during the 3rd quarter. Prudential Financial Inc. now owns 1,145,250 shares of the oil and gas producer’s stock worth $19,619,000 after purchasing an additional 950,660 shares in the last quarter.

TRADEMARK VIOLATION NOTICE: This news story was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/12/02/carrizo-oil-gas-inc-crzo-insider-s-p-iv-johnson-sells-8000-shares.html.

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.

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

Receive News & Stock Ratings for Carrizo Oil & Gas Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrizo Oil & Gas Inc and related stocks with our FREE daily email newsletter.