Kosmos Energy Ltd’s recent filing unveils that its SVP and CFO Shah Nealesh D. unloaded Company’s shares for reported $0.51 million on Feb 05 ’24. In the deal valued at $5.49 per share,93,267 shares were sold. As a result of this transaction, Shah Nealesh D. now holds 1,321,284 shares worth roughly $5.77 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Shah Nealesh D. sold 90,454 shares, generating $511,798 in total proceeds. Upon selling the shares at $5.66, the SVP and CFO now owns 1,230,830 shares.
Before that, INGLIS ANDREW G sold 182,948 shares. Kosmos Energy Ltd shares valued at $1,003,927 were divested by the Chairman and CEO at a price of $5.49 per share. As a result of the transaction, INGLIS ANDREW G now holds 3,554,246 shares, worth roughly $15.53 million.
Stifel initiated its Kosmos Energy Ltd [KOS] rating to a Buy in a research note published on November 20, 2023; the price target was $10. A number of analysts have revised their coverage, including Bernstein’s analysts, who decreased its forecast for the stock in mid October from “an Outperform” to “a Mkt perform”. BofA Securities also remained covering KOS and has increased its forecast on September 27, 2023 with a “Buy” recommendation from previously “Neutral” rating. Redburn started covering the stock on July 20, 2023. It rated KOS as “a Buy”.
Price Performance Review of KOS
On Tuesday, Kosmos Energy Ltd [NYSE:KOS] saw its stock jump 3.80% to $4.37. Over the last five days, the stock has gained 15.30%. Kosmos Energy Ltd shares have fallen nearly -34.87% since the year began. Nevertheless, the stocks have fallen -39.14% over the past one year. While a 52-week high of $8.28 was reached on 01/03/24, a 52-week low of $3.75 was recorded on 09/11/24. SMA at 50 days reached $4.94, while 200 days put it at $5.74.
Levels Of Support And Resistance For KOS Stock
The 24-hour chart illustrates a support level at 4.26, which if violated will result in even more drops to 4.15. On the upside, there is a resistance level at 4.44. A further resistance level may holdings at 4.51. The Relative Strength Index (RSI) on the 14-day chart is 45.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.38%. Stochastics %K at 33.58% indicates the stock is a holding.
How much short interest is there in Kosmos Energy Ltd?
A steep rise in short interest was recorded in Kosmos Energy Ltd stocks on 2024-08-30, growing by 10.99 million shares to a total of 42.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 31.37 million shares. There was a rise of 25.94%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 10, 2023 when Peel Hunt began covering the stock and recommended ‘”a Add”‘ rating along with a $8.94 price target.
