1 day Ago By Defense World Staff
Arrowstreet Capital Limited Partnership bought a new position in shares of PrimeEnergy Resources Co. (NASDAQ:PNRG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,713 shares of the oil and natural gas company’s stock, valued at approximately $815,000.
Arrowstreet Capital Limited Partnership owned approximately 0.22% of PrimeEnergy Resources as of its most recent SEC filing. A number of other large investors have also bought and sold shares of PNRG.
BNP Paribas Financial Markets boosted its position in shares of PrimeEnergy Resources by 489.5% during 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 in the last quarter.
Great Lakes Advisors LLC acquired a new position in PrimeEnergy Resources during the 4th quarter worth approximately $203,000. JPMorgan Chase & Co. boosted its holdings in PrimeEnergy Resources by 119.
4% in the third quarter. JPMorgan Chase & Co. now owns 1,512 shares of the oil and natural gas company’s stock worth $208,000 after acquiring an additional 823 shares in the last quarter.
Bank of New York Mellon Corp acquired a new stake in PrimeEnergy Resources in the fourth quarter valued at approximately $246,000. Finally, Safir Wealth Advisors LLC bought a new stake in shares of PrimeEnergy Resources during the fourth quarter valued at approximately $273,000. PrimeEnergy Resources Price PerformanceShares of NASDAQ:PNRG opened at $191.
37 on Friday. The stock’s 50 day moving average is $201.92 and its 200-day moving average is $193.
28. PrimeEnergy Resources Co. has a twelve month low of $98.
55 and a twelve month high of $243.49. 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 firm has a market capitalization of $328.58 million, a price-to-earnings ratio of 8.23 and a beta of 0.
04. Insiders Place Their BetsIn other PrimeEnergy Resources news, major shareholder Rothschild Robert De sold 2,311 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $215.
03, for a total transaction of $496,934.33. Following the transaction, the insider now directly owns 259,011 shares in the company, valued at approximately $55,695,135.
33. This trade represents a 0.88 % decrease in their position.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Clint Hurt sold 1,107 shares of PrimeEnergy Resources stock in a transaction on Friday, January 17th. The stock was sold at an average price of $214.
09, for a total transaction of $236,997.63. Following the transaction, the director now directly owns 131,574 shares in the company, valued at $28,168,677.
66. This represents a 0.83 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,781 shares of company stock worth $6,256,751. Insiders own 61.
07% of the company’s stock. PrimeEnergy Resources Profile (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.
Featured ArticlesFive stocks we like better than PrimeEnergy ResourcesWhat Does Downgrade Mean in Investing?Robinhood Strategies Could Be a Game-Changer for Young InvestorsWhat Are Earnings Reports?Are These 3 Retail Stocks Oversold or Really in Trouble?What Are Trending Stocks? Trending Stocks ExplainedIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
