Rothschild Robert De Sells 2,311 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) major shareholder Rothschild Robert De sold 2,311 shares of the company’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $215.03, for a total transaction of $496,934.33. Following the completion of the transaction, the insider now owns 259,011 shares of the company’s stock, valued at approximately $55,695,135.33. This trade represents a 0.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Rothschild Robert De also recently made the following trade(s):

• On Monday, January 13th, Rothschild Robert De sold 3,446 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $205.40, for a total value of $707,808.40.

PrimeEnergy Resources Stock Up 1.2 %

PrimeEnergy Resources stock opened at $213.37 on Monday. The company’s 50-day moving average price is $199.66 and its two-hundred day moving average price is $158.76. The stock has a market cap of $367.00 million, a price-to-earnings ratio of 9.17 and a beta of 0.54. PrimeEnergy Resources Co. has a 52 week low of $92.40 and a 52 week high of $243.49. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.01.

Institutional Trading of PrimeEnergy Resources

Several institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new stake in PrimeEnergy Resources in the third quarter worth about $47,000. BNP Paribas Financial Markets grew its stake in shares of PrimeEnergy Resources by 489.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,238 shares of the oil and natural gas company’s stock worth $171,000 after purchasing an additional 1,028 shares during the last quarter. Safir Wealth Advisors LLC bought a new stake in shares of PrimeEnergy Resources in the 4th quarter worth approximately $273,000. JPMorgan Chase & Co. lifted its stake in PrimeEnergy Resources by 119.4% during the third quarter. JPMorgan Chase & Co. now owns 1,512 shares of the oil and natural gas company’s stock valued at $208,000 after purchasing an additional 823 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in PrimeEnergy Resources during the third quarter worth approximately $276,000.

PrimeEnergy Resources Company Profile

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells.