Nealesh Shah Sells 24,690 Shares of Kosmos Energy (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOSGet Free Report) CFO Nealesh Shah sold 24,690 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $1.42, for a total transaction of $35,059.80. Following the transaction, the chief financial officer directly owned 1,705,167 shares in the company, valued at approximately $2,421,337.14. This trade represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Kosmos Energy Stock Down 15.4%

KOS traded down $0.24 during trading on Thursday, hitting $1.30. The company had a trading volume of 16,595,179 shares, compared to its average volume of 20,025,648. Kosmos Energy Ltd. has a 1-year low of $0.84 and a 1-year high of $3.49. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.52 and a quick ratio of 0.29. The company has a market cap of $619.44 million, a PE ratio of -1.90 and a beta of 0.90. The business has a 50-day moving average of $1.11 and a 200-day moving average of $1.48.

Kosmos Energy (NYSE:KOSGet Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The oil and gas producer reported ($0.15) 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 the consensus estimate of $360.82 million. As a group, analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Institutional Trading of Kosmos Energy

Several large investors have recently bought and sold shares of the business. American Century Companies Inc. increased its stake in shares of Kosmos Energy by 14.3% in the second quarter. American Century Companies Inc. now owns 33,411,046 shares of the oil and gas producer’s stock valued at $57,467,000 after buying an additional 4,175,537 shares during the period. Patient Capital Management LLC raised its holdings in Kosmos Energy by 7.4% during the second quarter. Patient Capital Management LLC now owns 19,339,717 shares of the oil and gas producer’s stock worth $33,264,000 after buying an additional 1,334,930 shares during the last quarter. Equinox Partners Investment Management LLC boosted its position in shares of 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 valued at $32,115,000 after buying an additional 5,485,000 shares during the last quarter. Vanguard Group Inc. grew its position in 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 purchasing an additional 286,593 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Kosmos Energy by 3.9% during the 2nd 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.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on KOS shares. Clarkson Capital assumed coverage on Kosmos Energy in a research report on Friday, October 24th. They set a “buy” rating and a $4.00 price objective for the company. Stephens initiated coverage on Kosmos Energy in a research report on Tuesday, November 11th. They set an “equal weight” rating and a $1.75 price objective on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kosmos Energy in a research report on Monday, December 29th. Mizuho decreased their target price on Kosmos Energy from $2.00 to $1.50 and set a “neutral” rating on the stock in a report on Friday, December 12th. Finally, Sanford C. Bernstein cut their target price on shares of Kosmos Energy from $1.70 to $0.80 and set a “market perform” rating on the stock in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Kosmos Energy has an average rating of “Hold” and an average target price of $2.08.

View Our Latest Report on Kosmos Energy

Key Headlines Impacting Kosmos Energy

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.

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

Insider Buying and Selling by Quarter for Kosmos Energy (NYSE:KOS)

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