PrimeEnergy Resources Co. (NASDAQ:PNRG) Major Shareholder Rothschild Robert De Sells 3,904 Shares of Stock

Posted by John. R. Edwardson on Feb 22nd, 2025

PrimeEnergy Resources Co. (NASDAQ:PNRG – Get Free Report) major shareholder Rothschild Robert De sold 3,904 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $201.28, for a total transaction of $785,797.12. Following the sale, the insider now owns 237,930 shares of the company’s stock, valued at approximately $47,890,550.40. This represents a 1.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases 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 transaction of $388,700.70.
On Monday, February 10th, Rothschild Robert De sold 1,337 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $203.92, for a total transaction of $272,641.04.
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 transaction of $326,472.25.
On Wednesday, February 5th, Rothschild Robert De sold 503 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $215.18, for a total transaction of $108,235.54.
On Monday, February 3rd, Rothschild Robert De sold 471 shares of PrimeEnergy Resources stock. The shares were 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 shares were sold at an average price of $205.40, for a total transaction of $707,808.40.

PrimeEnergy Resources Trading Down 1.6 %

NASDAQ:PNRG opened at $193.60 on Friday. PrimeEnergy Resources Co. has a 12 month low of $96.02 and a 12 month high of $243.49. The firm has a market cap of $332.99 million, a price-to-earnings ratio of 8.32 and a beta of 0.54. 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 company’s 50 day moving average is $205.68 and its 200-day moving average is $174.44.

Hedge Funds Weigh In On PrimeEnergy Resources

A number of institutional investors have recently modified their holdings of the company. Nuveen Asset Management LLC bought a new position in shares of PrimeEnergy Resources in the fourth quarter valued at approximately $207,000. Lazard Asset Management LLC increased its position in PrimeEnergy Resources by 458.4% during the fourth quarter. Lazard Asset Management LLC now owns 1,530 shares of the oil and natural gas company’s stock worth $335,000 after acquiring an additional 1,256 shares during the period. Ellevest Inc. bought a new position in PrimeEnergy Resources during the fourth quarter worth $241,000. Ethic Inc. bought a new position in PrimeEnergy Resources during the fourth quarter worth $472,000. Finally, Bridgeway Capital Management LLC increased its position in PrimeEnergy Resources by 73.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 12,449 shares of the oil and natural gas company’s stock worth $2,734,000 after acquiring an additional 5,270 shares during the period.

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.