Carrizo Oil & Gas Inc (NASDAQ:CRZO) Insider S P. Iv Johnson Sells 8,000 Shares of Stock

Carrizo Oil & Gas Inc (NASDAQ:CRZO) insider S P. Iv Johnson sold 8,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $8.26, for a total transaction of $66,080.00. Following the sale, the insider now owns 179,221 shares in the company, valued at approximately $1,480,365.46. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Carrizo Oil & Gas stock traded up $0.40 during trading hours on Friday, reaching $8.67. The stock had a trading volume of 6,391,500 shares, compared to its average volume of 5,914,881. The stock has a market cap of $802.41 million, a PE ratio of 3.12, a PEG ratio of 0.12 and a beta of 2.12. Carrizo Oil & Gas Inc has a 52 week low of $7.92 and a 52 week high of $26.67. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.31 and a quick ratio of 0.26. The company has a fifty day simple moving average of $9.64 and a 200-day simple moving average of $11.14.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings results on Wednesday, August 7th. The oil and gas producer reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. The business had revenue of $264.97 million for the quarter, compared to analyst estimates of $263.76 million. Carrizo Oil & Gas had a net margin of 55.87% and a return on equity of 25.15%. Research analysts predict that Carrizo Oil & Gas Inc will post 2.62 earnings per share for the current fiscal year.

Several equities analysts recently commented on CRZO shares. BidaskClub raised shares of Carrizo Oil & Gas from a “sell” rating to a “hold” rating in a report on Friday. MKM Partners reaffirmed a “neutral” rating and set a $11.00 target price (down previously from $19.00) on shares of Carrizo Oil & Gas in a report on Tuesday, July 16th. Jefferies Financial Group lowered shares of Carrizo Oil & Gas from a “buy” rating to a “hold” rating in a report on Monday, July 15th. Williams Capital reaffirmed a “buy” rating and set a $14.00 target price on shares of Carrizo Oil & Gas in a report on Monday, July 22nd. Finally, Ifs Securities lowered shares of Carrizo Oil & Gas from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $15.00 to $13.00 in a report on Tuesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $18.50.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mason Street Advisors LLC boosted its stake in shares of Carrizo Oil & Gas by 3.4% during the 1st quarter. Mason Street Advisors LLC now owns 27,367 shares of the oil and gas producer’s stock valued at $341,000 after purchasing an additional 904 shares in the last quarter. Piedmont Investment Advisors Inc. boosted its stake in shares of Carrizo Oil & Gas by 5.9% during the 1st quarter. Piedmont Investment Advisors Inc. now owns 21,513 shares of the oil and gas producer’s stock valued at $268,000 after purchasing an additional 1,196 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Carrizo Oil & Gas by 22.5% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,421 shares of the oil and gas producer’s stock valued at $75,000 after purchasing an additional 1,363 shares in the last quarter. Affinity Investment Advisors LLC boosted its stake in shares of Carrizo Oil & Gas by 8.6% during the 2nd quarter. Affinity Investment Advisors LLC now owns 22,747 shares of the oil and gas producer’s stock valued at $228,000 after purchasing an additional 1,793 shares in the last quarter. Finally, Cypress Capital Management LLC WY boosted its stake in shares of Carrizo Oil & Gas by 37.3% during the 1st quarter. Cypress Capital Management LLC WY now owns 7,000 shares of the oil and gas producer’s stock valued at $87,000 after purchasing an additional 1,900 shares in the last quarter.

Carrizo Oil & Gas Company Profile

Carrizo Oil & Gas, Inc, an energy company, explores for, develops, and produces crude oil, natural gas liquids, and gas from resource plays primarily in the United States. The company holds interests in oil and gas plays, including the Eagle Ford Shale in South Texas; and the Permian Basin in West Texas.

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Insider Buying and Selling by Quarter for Carrizo Oil & Gas (NASDAQ:CRZO)

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