PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt Sells 1,107 Shares

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 1,107 shares of PrimeEnergy Resources stock in a transaction on Friday, January 17th. The shares were sold at an average price of $214.09, for a total transaction of $236,997.63. Following the completion of the sale, the director now owns 131,574 shares of the company’s stock, valued at $28,168,677.66. This represents a 0.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Clint Hurt also recently made the following trade(s):

• On Wednesday, January 22nd, Clint Hurt sold 4,894 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $215.22, for a total transaction of $1,053,286.68.
• On Wednesday, January 15th, Clint Hurt sold 3,095 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $214.65, for a total transaction of $664,341.75.
• On Thursday, January 2nd, Clint Hurt sold 2,118 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $220.66, for a total value of $467,357.88.
• On Monday, December 30th, Clint Hurt sold 997 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $234.09, for a total value of $233,387.73.

PrimeEnergy Resources Stock Performance

NASDAQ PNRG opened at $218.99 on Thursday. The company has a market cap of $376.66 million, a P/E ratio of 9.41 and a beta of 0.54. The company has a fifty day simple moving average of $201.79 and a 200 day simple moving average of $160.68. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.01. PrimeEnergy Resources Co. has a 12-month low of $92.40 and a 12-month high of $243.49.

Institutional Trading of PrimeEnergy Resources

Several institutional investors and hedge funds have recently made changes to their positions in PNRG. Victory Capital Management Inc. purchased a new position in PrimeEnergy Resources in the second quarter worth $222,000. Dimensional Fund Advisors LP raised its stake in shares of PrimeEnergy Resources by 3.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,571 shares of the oil and natural gas company’s stock worth $3,146,000 after purchasing an additional 1,045 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of PrimeEnergy Resources in the 3rd quarter worth about $47,000. Farther Finance Advisors LLC bought a new position in PrimeEnergy Resources during the third quarter valued at about $276,000. Finally, Janney Montgomery Scott LLC increased its holdings in PrimeEnergy Resources by 3.1% during the third quarter. Janney Montgomery Scott LLC now owns 8,196 shares of the oil and natural gas company’s stock worth $1,129,000 after buying an additional 247 shares during the last quarter.

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.