Insider Sell: SVP, Chief Commercial Officer Christopher Ball Sells 247,622 Shares of Kosmos ...
Kosmos Energy Ltd (NYSE:KOS), an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margins, has reported an insider sell according to a recent SEC filing. The insider, SVP, Chief Commercial Officer Christopher Ball, sold 247,622 shares of the company on February 6, 2024.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this SEC Filing. Following this transaction, over the past year, the insider has sold a total of 480,189 shares of Kosmos Energy Ltd and has not made any purchases of the stock.
The insider transaction history for Kosmos Energy Ltd shows a pattern of sales over the past year, with 12 insider sells and no insider buys recorded. This trend can be visualized in the following insider trend image:
On the valuation front, shares of Kosmos Energy Ltd were trading at $5.57 on the day of the insider's recent sale, giving the company a market capitalization of $2.609 billion. The price-earnings ratio stands at 37.80, which is above both the industry median of 9.49 and the company's historical median price-earnings ratio.
Comparing the stock's price of $5.57 to the GuruFocus Value (GF Value) of $4.96, Kosmos Energy Ltd has a price-to-GF-Value ratio of 1.12, indicating that the stock is modestly overvalued. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
Investors and stakeholders in Kosmos Energy Ltd may consider the insider's recent sell transaction, alongside the company's valuation metrics and market performance, when making their investment decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
