Rothschild Robert De Sells 2,976 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) major shareholder Rothschild Robert De sold 2,976 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $134.00, for a total transaction of $398,784.00. Following the transaction, the insider now owns 269,484 shares of the company’s stock, valued at $36,110,856. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Tuesday, September 17th, Rothschild Robert De sold 2,716 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $132.93, for a total transaction of $361,037.88.
• On Monday, September 9th, Rothschild Robert De sold 1,370 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $127.00, for a total transaction of $173,990.00.
• On Thursday, September 5th, Rothschild Robert De sold 904 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $132.00, for a total value of $119,328.00.
• On Wednesday, August 21st, Rothschild Robert De sold 1,708 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $130.27, for a total value of $222,501.16.

PrimeEnergy Resources Stock Performance

Shares of PNRG opened at $139.22 on Thursday. The stock has a 50 day moving average price of $122.20 and a 200 day moving average price of $110.51. PrimeEnergy Resources Co. has a one year low of $92.40 and a one year high of $140.93. The stock has a market capitalization of $248.51 million, a price-to-earnings ratio of 9.51 and a beta of 0.55.

PrimeEnergy Resources (NASDAQ:PNRG) last released its earnings results on Wednesday, August 14th. The oil and natural gas company reported $7.77 earnings per share (EPS) for the quarter. The business had revenue of $64.83 million during the quarter. PrimeEnergy Resources had a net margin of 26.67% and a return on equity of 28.34%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. IFG Advisory LLC purchased a new stake in shares of PrimeEnergy Resources in the second quarter valued at approximately $532,000. Victory Capital Management Inc. acquired a new position in PrimeEnergy Resources during the second quarter worth $222,000. Dimensional Fund Advisors LP grew its holdings in 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 buying an additional 1,045 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of PrimeEnergy Resources by 17.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,093 shares of the oil and natural gas company’s stock worth $754,000 after acquiring an additional 1,033 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of 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 period.

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.