Insider Selling: Kosmos Energy (NYSE:KOS) SVP Sells 19,656 Shares of Stock

Kosmos Energy Ltd. (NYSE:KOS) SVP Josh Marion sold 19,656 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $1.37, for a total transaction of $26,928.72. Following the transaction, the senior vice president owned 197,409 shares in the company, valued at approximately $270,450.33. The trade was a 9.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kosmos Energy Stock Performance

Shares of KOS traded down $0.24 during mid-day trading on Thursday, hitting $1.30. 16,595,179 shares of the company’s stock were exchanged, compared to its average volume of 20,025,648. The company has a quick ratio of 0.29, a current ratio of 0.52 and a debt-to-equity ratio of 3.04. Kosmos Energy Ltd. has a 52 week low of $0.84 and a 52 week high of $3.49. The stock’s 50-day simple moving average is $1.11 and its 200-day simple moving average is $1.48. The firm has a market cap of $619.44 million, a price-to-earnings ratio of -1.90 and a beta of 0.90.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings results on Tuesday, November 4th. The oil and gas producer reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). Kosmos Energy had a negative return on equity of 26.28% and a negative net margin of 23.64%.The company had revenue of $310.96 million for the quarter, compared to analyst estimates of $360.82 million. On average, equities research analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Hedge Funds Weigh In On Kosmos Energy

Institutional investors have recently added to or reduced their stakes in the stock. Blueshift Asset Management LLC bought a new position in Kosmos Energy during the 2nd quarter worth $27,000. Ellevest Inc. acquired a new position in Kosmos Energy in the second quarter valued at $34,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Kosmos Energy during the 2nd quarter valued at about $41,000. Public Employees Retirement System of Ohio grew its stake in Kosmos Energy by 53.2% during the second quarter. Public Employees Retirement System of Ohio now owns 24,103 shares of the oil and gas producer’s stock worth $41,000 after purchasing an additional 8,371 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Kosmos Energy in the second quarter worth approximately $42,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy News Summary

Here are the key news stories impacting Kosmos Energy this week:

• Neutral Sentiment: Analysis piece frames Kosmos as a speculative, high-risk play on an oil-price recovery — useful context for investors weighing cyclical upside vs company-specific risks. Read More.
• Negative Sentiment: Multiple senior executives sold meaningful positions on Feb. 3–4 (likely applying downward pressure and signaling caution to the market). CEO Andrew G. Inglis sold 103,554 shares at ~$1.37 and 44,628 shares at ~$1.42 (SEC filing). CFO Nealesh D. Shah sold 54,434 shares at ~$1.37 and 24,690 shares at ~$1.42 (SEC filing). SVP Josh R. Marion and CAO Ronald W. Glass also sold on both days. Executives still hold multi‑million and large six‑figure stakes, but the recent sales reduced their positions by low single-digit percentages overall. CEO filings: Read More.; CFO filings: Read More.; SVP filings: Read More.; CAO filings: Read More.

Analysts Set New Price Targets

A number of research firms recently commented on KOS. Mizuho dropped their price target on Kosmos Energy from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Friday, December 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Kosmos Energy in a research report on Monday, December 29th. Sanford C. Bernstein cut their price target on shares of Kosmos Energy from $1.70 to $0.80 and set a “market perform” rating for the company in a report on Monday, January 5th. Stephens initiated coverage on shares of Kosmos Energy in a research report on Tuesday, November 11th. They set an “equal weight” rating and a $1.75 price target on the stock. Finally, The Goldman Sachs Group boosted their price objective on shares of Kosmos Energy from $1.75 to $2.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $2.08.

About Kosmos Energy

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.