In a filing, Kosmos Energy Ltd revealed 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 $4.74 million.
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 $12.76 million.
A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid September with a ‘”a Neutral”‘ rating. Stifel began covering KOS with “Buy” recommendation on November 20, 2023. Bernstein revised its rating on October 17, 2023. It rated KOS as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of KOS
On Friday, Kosmos Energy Ltd [NYSE:KOS] saw its stock fall -1.91% to $3.59. Over the last five days, the stock has lost -2.71%. Kosmos Energy Ltd shares have risen nearly 4.97% since the year began. Nevertheless, the stocks have fallen -42.56% over the past one year. While a 52-week high of $6.58 was reached on 01/06/25, a 52-week low of $2.62 was recorded on 01/02/25. SMA at 50 days reached $3.62, while 200 days put it at $4.76.
Levels Of Support And Resistance For KOS Stock
The 24-hour chart illustrates a support level at 3.53, which if violated will result in even more drops to 3.46. On the upside, there is a resistance level at 3.67. A further resistance level may holdings at 3.75. The Relative Strength Index (RSI) on the 14-day chart is 50.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.93%. Stochastics %K at 61.82% 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 2024-12-31, growing by 1.67 million shares to a total of 39.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 37.33 million shares. There was a rise of 4.28%, which implies that there is a positive sentiment for the stock.
