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

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) was the target of some unusual options trading on Tuesday. Stock traders bought 14,315 call options on the company. This represents an increase of approximately 305% compared to the average daily volume of 3,531 call options.

Insider Activity at Kosmos Energy

In other Kosmos Energy news, CEO Andrew G. Inglis sold 138,689 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $432,709.68. Following the sale, the chief executive officer now directly owns 3,959,000 shares in the company, valued at approximately $12,352,080. This trade represents a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Josh R. Marion sold 16,144 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the completion of the transaction, the senior vice president now directly owns 172,057 shares of the company's stock, valued at $536,817.84. This trade represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is owned by insiders.

Hedge Funds Weigh In On Kosmos Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Stifel Financial Corp lifted its position in shares of Kosmos Energy by 24.9% in the fourth quarter. Stifel Financial Corp now owns 19,711 shares of the oil and gas producer's stock valued at $67,000 after buying an additional 3,932 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Kosmos Energy by 10.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer's stock worth $155,000 after purchasing an additional 4,381 shares during the period. Franklin Resources Inc. raised its position in shares of Kosmos Energy by 3.9% in the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock valued at $531,000 after purchasing an additional 4,640 shares during the period. New York State Common Retirement Fund raised its position in shares of Kosmos Energy by 3.8% in the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer's stock valued at $588,000 after purchasing an additional 6,300 shares during the period. Finally, Xponance Inc. boosted its holdings in shares of Kosmos Energy by 21.1% during the 4th quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer's stock worth $127,000 after buying an additional 6,460 shares during the period. Institutional investors own 95.33% of the company's stock.

Kosmos Energy Stock Up 4.6 %

NYSE KOS traded up $0.08 during trading on Friday, hitting $1.71. The stock had a trading volume of 9,459,211 shares, compared to its average volume of 8,285,793. The company has a market capitalization of $815.01 million, a PE ratio of 3.88, a P/E/G ratio of 5.24 and a beta of 1.94. Kosmos Energy has a 12 month low of $1.39 and a 12 month high of $6.33. The company's 50-day moving average price is $2.02 and its two-hundred day moving average price is $3.01. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued its quarterly earnings results 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 company had revenue of $397.66 million for the quarter, compared to analyst estimates 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 forecast that Kosmos Energy will post 0.42 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on KOS shares. Benchmark cut Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. The Goldman Sachs Group cut their price target on shares of Kosmos Energy from $4.00 to $3.50 and set a "buy" rating on the stock in a research note on Wednesday. Finally, StockNews.com downgraded shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $5.18.

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.