PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt Sells 1,568 Shares

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 1,568 shares of PrimeEnergy Resources stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $100.15, for a total transaction of $157,035.20. Following the transaction, the director now directly owns 154,195 shares in the company, valued at approximately $15,442,629.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, April 22nd, Clint Hurt sold 3,368 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $100.01, for a total transaction of $336,833.68.

PrimeEnergy Resources Price Performance

PrimeEnergy Resources stock opened at $100.70 on Thursday. The company’s 50 day simple moving average is $99.64 and its 200 day simple moving average is $102.38. PrimeEnergy Resources Co. has a fifty-two week low of $80.63 and a fifty-two week high of $120.00. The firm has a market capitalization of $180.25 million, a price-to-earnings ratio of 9.36 and a beta of 0.51.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PNRG. Raymond James & Associates bought a new position in PrimeEnergy Resources during the 3rd quarter worth approximately $232,000. Bank of New York Mellon Corp bought a new position in PrimeEnergy Resources in the third quarter valued at approximately $241,000. Strs Ohio bought a new position in PrimeEnergy Resources in the third quarter valued at approximately $394,000. Barclays PLC lifted its stake in PrimeEnergy Resources by 258.4% in the third quarter. Barclays PLC now owns 534 shares of the oil and natural gas company’s stock valued at $62,000 after buying an additional 385 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its stake in PrimeEnergy Resources by 11.9% in the third quarter. New York State Common Retirement Fund now owns 3,806 shares of the oil and natural gas company’s stock valued at $441,000 after buying an additional 406 shares in the last quarter.

PrimeEnergy Resources Company Profile

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.