Clint Hurt Sells 1,568 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 1,568 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $100.15, for a total value of $157,035.20. Following the sale, the director now owns 154,195 shares in the company, valued at approximately $15,442,629.25. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

PrimeEnergy Resources Trading Up 1.0 %

NASDAQ:PNRG opened at $99.57 on Wednesday. The stock has a market capitalization of $178.23 million, a PE ratio of 9.25 and a beta of 0.51. PrimeEnergy Resources Co. has a 1-year low of $80.63 and a 1-year high of $120.00. The firm has a fifty day simple moving average of $99.55 and a 200 day simple moving average of $102.39.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC raised its holdings in shares of PrimeEnergy Resources by 258.4% in the 3rd 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 period. Raymond James & Associates acquired a new position in PrimeEnergy Resources during the third quarter worth approximately $232,000. Bank of New York Mellon Corp bought a new stake in PrimeEnergy Resources in the third quarter valued at approximately $241,000. Lauer Wealth LLC acquired a new stake in shares of PrimeEnergy Resources in the fourth quarter valued at approximately $300,000. Finally, Strs Ohio bought a new position in shares of PrimeEnergy Resources during the 3rd quarter worth approximately $394,000.

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.