Rothschild Robert De Sells 1,615 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) major shareholder Rothschild Robert De sold 1,615 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $202.15, for a total transaction of $326,472.25. Following the completion of the sale, the insider now owns 249,528 shares of the company’s stock, valued at approximately $50,442,085.20. The trade was a 0.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, February 5th, Rothschild Robert De sold 503 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.18, for a total transaction of $108,235.54.
• On Monday, February 3rd, Rothschild Robert De sold 471 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $212.00, for a total value of $99,852.00.
• On Friday, January 31st, Rothschild Robert De sold 3,297 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $219.72, for a total value of $724,416.84.
• On Friday, January 17th, Rothschild Robert De sold 1,831 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $213.69, for a total value of $391,266.39.
• On Wednesday, January 15th, Rothschild Robert De sold 2,311 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $215.03, for a total value of $496,934.33.
• On Monday, January 13th, Rothschild Robert De sold 3,446 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $205.40, for a total transaction of $707,808.40.

PrimeEnergy Resources Stock Performance

Shares of PNRG stock opened at $197.12 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.01. The company has a market cap of $339.05 million, a PE ratio of 8.47 and a beta of 0.54. The company’s fifty day simple moving average is $205.42 and its 200-day simple moving average is $168.75. PrimeEnergy Resources Co. has a 52 week low of $93.52 and a 52 week high of $243.49.

Hedge Funds Weigh In On PrimeEnergy Resources

A number of institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC grew its stake in shares of PrimeEnergy Resources by 185.7% during the fourth quarter. Empowered Funds LLC now owns 8,108 shares of the oil and natural gas company’s stock valued at $1,780,000 after acquiring an additional 5,270 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in PrimeEnergy Resources during the 3rd quarter valued at approximately $276,000. Safir Wealth Advisors LLC acquired a new stake in PrimeEnergy Resources during the 4th quarter valued at approximately $273,000. Bank of New York Mellon Corp purchased a new stake in PrimeEnergy Resources during the 4th quarter worth approximately $246,000. Finally, Dimensional Fund Advisors LP raised its position in shares of PrimeEnergy Resources by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,571 shares of the oil and natural gas company’s stock valued at $3,146,000 after purchasing an additional 1,045 shares in the last quarter.

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.