Key Points
- CEO Andrew Inglis sold 44,628 shares on Feb. 4 at an average price of $1.42 for $63,371.76, leaving him with 4,227,017 shares (a 1.04% decrease in ownership).
- Several other senior executives also sold shares on Feb. 3–4 — the CEO's total disposals across those days amounted to 148,182 shares (~$205k), reducing his stake by roughly 3.4%, with the CFO, SVP and CAO likewise trimming positions.
- Kosmos is trading around $1.32 with a market cap of about $629M, negative EPS and high leverage (debt/equity 3.04); analysts' consensus rating is Hold with a $2.08 price target.
Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CAO Ronald Glass sold 19,285 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $1.37, for a total transaction of $26,420.45. Following the completion of the transaction, the chief accounting officer directly owned 342,945 shares of the company's stock, valued at approximately $469,834.65. The trade was a 5.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Kosmos Energy Trading Up 5.0%
NYSE KOS traded up $0.07 during trading on Friday, hitting $1.37. The stock had a trading volume of 3,375,039 shares, compared to its average volume of 19,332,723. The stock has a 50 day simple moving average of $1.12 and a 200 day simple moving average of $1.48. Kosmos Energy Ltd. has a one year low of $0.84 and a one year high of $3.49. The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.29 and a current ratio of 0.52. The stock has a market capitalization of $652.92 million, a price-to-earnings ratio of -2.02 and a beta of 0.90.
Kosmos Energy (NYSE:KOS - Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The oil and gas producer reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.02). Kosmos Energy had a negative net margin of 23.64% and a negative return on equity of 26.28%. The firm had revenue of $310.96 million for the quarter, compared to analysts' expectations of $360.82 million. Sell-side analysts predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.
Trending Headlines about Kosmos Energy
Here are the key news stories impacting Kosmos Energy this week:
- Neutral Sentiment: Seeking Alpha published a deep-dive titled "Kosmos Energy: A High-Stakes Bet On Oil's Comeback" that frames KOS as a high-risk, high-reward play tied to oil prices — useful context but not a company catalyst. Article Title
- Negative Sentiment: CEO Andrew G. Inglis sold a total of 148,182 shares across Feb. 3–4 at average prices ~$1.37–$1.42 (≈$205k proceeds), reducing his stake by roughly 3.4% over the two trades. Filing: Read More.
- Negative Sentiment: CFO Nealesh D. Shah sold 79,124 shares on Feb. 3–4 at similar prices (≈$109.6k total), reducing his holdings by ~4.5% across the two trades. Filing: Read More.
- Negative Sentiment: SVP Josh R. Marion sold 22,940 shares on Feb. 3–4 (≈$31.6k total), a notable ~10% reduction called out in the filings. Filing: Read More.
- Negative Sentiment: CAO Ronald W. Glass sold 22,598 shares on Feb. 3–4 (≈$31.1k total), reducing his position by ~6.3% across the two trades. Filing: Read More.
Institutional Investors Weigh In On Kosmos Energy
Several large investors have recently modified their holdings of the company. American Century Companies Inc. lifted its position in Kosmos Energy by 14.3% during the 2nd quarter. American Century Companies Inc. now owns 33,411,046 shares of the oil and gas producer's stock worth $57,467,000 after acquiring an additional 4,175,537 shares during the period. Patient Capital Management LLC boosted its position in shares of Kosmos Energy by 7.4% during the 2nd quarter. Patient Capital Management LLC now owns 19,339,717 shares of the oil and gas producer's stock worth $33,264,000 after purchasing an additional 1,334,930 shares in the last quarter. Equinox Partners Investment Management LLC grew its position in Kosmos Energy by 41.6% during the second quarter. Equinox Partners Investment Management LLC now owns 18,671,480 shares of the oil and gas producer's stock worth $32,115,000 after buying an additional 5,485,000 shares during the period. Vanguard Group Inc. grew its holdings in shares of Kosmos Energy by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 14,320,597 shares of the oil and gas producer's stock worth $23,772,000 after acquiring an additional 286,593 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Kosmos Energy by 3.9% in the second quarter. Geode Capital Management LLC now owns 11,263,585 shares of the oil and gas producer's stock valued at $19,376,000 after purchasing an additional 424,720 shares during the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on KOS shares. Sanford C. Bernstein dropped their price objective on shares of Kosmos Energy from $1.70 to $0.80 and set a "market perform" rating on the stock in a report on Monday, January 5th. Stephens assumed coverage on shares of Kosmos Energy in a research note on Tuesday, November 11th. They set an "equal weight" rating and a $1.75 price objective on the stock. The Goldman Sachs Group boosted their price target on shares of Kosmos Energy from $1.75 to $2.00 and gave the stock a "neutral" rating in a report on Friday, January 30th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Kosmos Energy in a research report on Monday, December 29th. Finally, Johnson Rice lowered shares of Kosmos Energy from a "buy" rating to an "accumulate" rating and decreased their target price for the company from $4.50 to $3.50 in a report on Friday, December 5th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Kosmos Energy currently has an average rating of "Hold" and a consensus price target of $2.08.
View Our Latest Report on Kosmos Energy
Kosmos Energy Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
