PrimeEnergy Resources Co. (NASDAQ:PNRG) Major Shareholder Rothschild Robert De Sells 1,337 Shares

Posted by Tyrone Williams on Feb 13th, 2025

PrimeEnergy Resources Co. (NASDAQ:PNRG – Get Free Report) major shareholder Rothschild Robert De sold 1,337 shares of the business’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $203.92, for a total transaction of $272,641.04. Following the completion of the transaction, the insider now owns 248,191 shares in the company, valued at $50,611,108.72. This represents a 0.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Wednesday, February 12th, Rothschild Robert De sold 1,970 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $197.31, for a total value of $388,700.70.
On Friday, February 7th, Rothschild Robert De sold 1,615 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $202.15, for a total value of $326,472.25.
On Wednesday, February 5th, Rothschild Robert De sold 503 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $215.18, for a total value 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 transaction 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 transaction of $724,416.84.
On Friday, January 17th, Rothschild Robert De sold 1,831 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $213.69, for a total transaction of $391,266.39.
On Wednesday, January 15th, Rothschild Robert De sold 2,311 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.03, for a total transaction of $496,934.33.
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 Trading Down 1.1 %

Shares of NASDAQ PNRG opened at $196.51 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $205.13 and its two-hundred day moving average price is $170.81. PrimeEnergy Resources Co. has a 52-week low of $93.70 and a 52-week high of $243.49. The stock has a market capitalization of $338.00 million, a P/E ratio of 8.45 and a beta of 0.54.

Institutional Investors Weigh In On PrimeEnergy Resources

Several institutional investors and hedge funds have recently made changes to their positions in PNRG. Allspring Global Investments Holdings LLC acquired a new position in PrimeEnergy Resources in the third quarter worth $47,000. BNP Paribas Financial Markets lifted its position 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 buying an additional 1,028 shares during the last quarter. Great Lakes Advisors LLC acquired a new position in shares of PrimeEnergy Resources in the 4th quarter valued at about $203,000. JPMorgan Chase & Co. boosted its holdings in shares of PrimeEnergy Resources by 119.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,512 shares of the oil and natural gas company’s stock valued at $208,000 after buying an additional 823 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of PrimeEnergy Resources during the 4th quarter valued at about $246,000.

About PrimeEnergy Resources

(Get Free Report)

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.