PrimeEnergy Resources Co. (NASDAQ:PNRG) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its position in PrimeEnergy Resources Co. (NASDAQ:PNRG) by 37.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,337 shares of the oil and natural gas company’s stock after selling 788 shares during the period. Victory Capital Management Inc. owned about 0.08% of PrimeEnergy Resources worth $294,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. State Street Corp raised its position in shares of PrimeEnergy Resources by 1.4% in the third quarter. State Street Corp now owns 7,447 shares of the oil and natural gas company’s stock worth $1,026,000 after acquiring an additional 100 shares during the period. Barclays PLC raised its position in shares of PrimeEnergy Resources by 31.9% in the third quarter. Barclays PLC now owns 2,629 shares of the oil and natural gas company’s stock worth $362,000 after acquiring an additional 636 shares during the period. JPMorgan Chase & Co. raised its position in shares of 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 during the period. Empowered Funds LLC raised its position in shares of PrimeEnergy Resources by 41.2% in the third quarter. Empowered Funds LLC now owns 2,838 shares of the oil and natural gas company’s stock worth $391,000 after acquiring an additional 828 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of PrimeEnergy Resources by 6.4% during the third quarter. Geode Capital Management LLC now owns 15,639 shares of the oil and natural gas company’s stock worth $2,155,000 after purchasing an additional 935 shares in the last quarter.

Insider Transactions at PrimeEnergy Resources

In other news, Director Clint Hurt sold 4,894 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $215.22, for a total transaction of $1,053,286.68. Following the completion of the sale, the director now owns 126,680 shares of the company’s stock, valued at $27,264,069.60. The trade was a 3.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Rothschild Robert De bought 1,017 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were bought at an average cost of $195.29 per share, with a total value of $198,609.93. Following the purchase, the insider now directly owns 236,913 shares of the company’s stock, valued at approximately $46,266,739.77. This represents a 0.43 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 32,896 shares of company stock valued at $6,957,496 over the last 90 days. Corporate insiders own 61.07% of the company’s stock.

PrimeEnergy Resources Stock Up 0.5 %

PNRG stock opened at $216.14 on Friday. The stock has a market capitalization of $371.11 million, a P/E ratio of 9.29 and a beta of 0.51. The firm has a 50-day simple moving average of $204.23 and a 200-day simple moving average of $185.10. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.01. PrimeEnergy Resources Co. has a 52 week low of $98.55 and a 52 week high of $243.49.

About PrimeEnergy Resources

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.