Kosmos Energy Sees Unusually Large Options Volume (NYSE:KOS)

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) was the recipient of some unusual options trading on Tuesday. Investors acquired 14,315 call options on the stock. This represents an increase of 305% compared to the average volume of 3,531 call options.

Kosmos Energy Trading Down 1.5 %

Shares of Kosmos Energy stock traded down $0.03 on Tuesday, hitting $1.69. The stock had a trading volume of 4,233,945 shares, compared to its average volume of 8,143,537. The stock's 50-day simple moving average is $2.13 and its two-hundred day simple moving average is $3.08. Kosmos Energy has a one year low of $1.39 and a one year high of $6.33. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The stock has a market cap of $805.27 million, a price-to-earnings ratio of 3.83, a PEG ratio of 5.24 and a beta of 1.94.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). The firm had revenue of $397.66 million for the quarter, compared to the consensus estimate of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. As a group, sell-side analysts predict that Kosmos Energy will post 0.42 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Benchmark lowered shares of Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. StockNews.com cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $5.27.

Insider Activity

In other Kosmos Energy news, CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $320,427.12. Following the sale, the chief executive officer now directly owns 4,236,691 shares in the company, valued at $13,218,475.92. This represents a 2.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $32,304.48. Following the completion of the sale, the chief accounting officer now owns 299,498 shares in the company, valued at $934,433.76. This trade represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock worth $1,572,386 over the last ninety days. Company insiders own 2.02% of the company's stock.

Institutional Investors Weigh In On Kosmos Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. VSM Wealth Advisory LLC purchased a new stake in Kosmos Energy in the fourth quarter worth $34,000. Disciplined Investors L.L.C. purchased a new stake in shares of Kosmos Energy in the 4th quarter worth about $36,000. Sapient Capital LLC purchased a new stake in shares of Kosmos Energy in the 4th quarter worth about $37,000. Boothbay Fund Management LLC bought a new stake in shares of Kosmos Energy during the 4th quarter valued at about $45,000. Finally, Inscription Capital LLC purchased a new position in shares of Kosmos Energy during the first quarter valued at about $46,000. Hedge funds and other institutional investors own 95.33% of the company's stock.

About Kosmos Energy

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.