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

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 1,107 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $214.09, for a total value of $236,997.63. Following the sale, the director now directly 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 document filed with the SEC, 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 value of $1,053,286.68.
• On Wednesday, January 15th, Clint Hurt sold 3,095 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $214.65, for a total value of $664,341.75.
• On Thursday, January 2nd, Clint Hurt sold 2,118 shares of PrimeEnergy Resources stock. The stock was 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 $220.00 on Friday. The firm has a market cap of $378.40 million, a price-to-earnings ratio of 9.46 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 business has a 50-day moving average price of $202.46 and a 200-day moving average price of $161.09. PrimeEnergy Resources Co. has a twelve month low of $92.40 and a twelve month high of $243.49.

Institutional Investors Weigh In On PrimeEnergy Resources

A number of hedge funds have recently made changes to their positions in PNRG. Victory Capital Management Inc. purchased a new stake in shares of PrimeEnergy Resources in the second quarter worth about $222,000. Dimensional Fund Advisors LP lifted its position in shares of PrimeEnergy Resources by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 29,571 shares of the oil and natural gas company’s stock worth $3,146,000 after buying an additional 1,045 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of PrimeEnergy Resources in the third quarter worth about $47,000. Farther Finance Advisors LLC purchased a new stake in shares of PrimeEnergy Resources in the third quarter worth about $276,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of PrimeEnergy Resources by 3.1% in 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 in the last quarter.

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.