PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Sells $336,833.68 in Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 3,368 shares of the stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $100.01, for a total transaction of $336,833.68. Following the completion of the transaction, the director now directly owns 147,827 shares of the company’s stock, valued at $14,784,178.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, April 18th, Clint Hurt sold 1,568 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $100.15, for a total transaction of $157,035.20.

PrimeEnergy Resources Trading Up 1.1 %

Shares of PrimeEnergy Resources stock opened at $100.70 on Thursday. The company has a 50-day moving average of $99.64 and a two-hundred day moving average of $102.38. The stock has a market cap of $180.25 million, a PE ratio of 9.36 and a beta of 0.51. PrimeEnergy Resources Co. has a 12-month low of $80.63 and a 12-month high of $120.00.

Institutional Trading of PrimeEnergy Resources

Several large investors have recently modified their holdings of PNRG. Raymond James & Associates acquired a new stake in shares of PrimeEnergy Resources in the third quarter valued at approximately $232,000. Bank of New York Mellon Corp acquired a new stake in shares of PrimeEnergy Resources in the third quarter valued at approximately $241,000. Strs Ohio acquired a new stake in shares of PrimeEnergy Resources in the third quarter valued at approximately $394,000. Barclays PLC grew its position in shares of PrimeEnergy Resources by 258.4% in the third quarter. Barclays PLC now owns 534 shares of the oil and natural gas company’s stock valued at $62,000 after purchasing an additional 385 shares during the last quarter. Finally, New York State Common Retirement Fund grew its position in shares of PrimeEnergy Resources by 11.9% in the third quarter. New York State Common Retirement Fund now owns 3,806 shares of the oil and natural gas company’s stock valued at $441,000 after purchasing an additional 406 shares during the last quarter.

About PrimeEnergy Resources

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations.