2 weeks Ago By Defense World Staff
Rhumbline Advisers trimmed its position in PrimeEnergy Resources Co. ( NASDAQ:PNRG – Free Report ) by 12.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 782 shares of the oil and natural gas company’s stock after selling 113 shares during the quarter. Rhumbline Advisers’ holdings in PrimeEnergy Resources were worth $83,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.
IFG Advisory LLC acquired a new position in PrimeEnergy Resources during the second quarter valued at approximately $532,000. Janney Montgomery Scott LLC increased its holdings in PrimeEnergy Resources by 8.6% during the 1st quarter.
Janney Montgomery Scott LLC now owns 7,701 shares of the oil and natural gas company’s stock worth $772,000 after purchasing an additional 608 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in PrimeEnergy Resources by 1.
2% during the 1st quarter. Vanguard Group Inc. now owns 30,941 shares of the oil and natural gas company’s stock worth $3,102,000 after acquiring an additional 366 shares during the last quarter.
Insider Buying and Selling at PrimeEnergy Resources In related news, major shareholder Rothschild Robert De sold 2,716 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $132.93, for a total transaction of $361,037.
88. Following the transaction, the insider now directly owns 266,768 shares of the company’s stock, valued at $35,461,470.24.
The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . In other PrimeEnergy Resources news, major shareholder Rothschild Robert De sold 2,716 shares of PrimeEnergy Resources stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $132.
93, for a total value of $361,037.88. Following the completion of the transaction, the insider now directly owns 266,768 shares of the company’s stock, valued at approximately $35,461,470.
24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, Director Clint Hurt sold 2,511 shares of the stock in a transaction on Friday, August 2nd.
The stock was sold at an average price of $129.18, for a total value of $324,370.98.
Following the sale, the director now directly owns 140,763 shares in the company, valued at $18,183,764.34. The disclosure for this sale can be found here .
Insiders have sold a total of 14,431 shares of company stock valued at $1,870,796 in the last three months. 61.07% of the stock is currently owned by company insiders.
PrimeEnergy Resources Price Performance PrimeEnergy Resources ( NASDAQ:PNRG – Get Free Report ) last released its quarterly earnings data on Wednesday, August 14th. The oil and natural gas company reported $7.77 earnings per share (EPS) for the quarter.
The firm had revenue of $64.83 million for the quarter. PrimeEnergy Resources had a return on equity of 28.
34% and a net margin of 26.67%. 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. Recommended Stories Five stocks we like better than PrimeEnergy Resources What Are Dividend Contenders? Investing in Dividend Contenders TJX Stock: A Buying Opportunity Before the Holiday Rush What is the Euro STOXX 50 Index? Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What Are Dividend Challengers? Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding PNRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PrimeEnergy Resources Co.
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