Feb. 28
Carrizo Oil & Gas (NASDAQ:CRZO) COO John Bradley Fisher sold 15,000 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $47.33, for a total transaction of $709,950.00. Following the completion of the sale, the chief operating officer now directly owns 42,529 shares of the company’s stock, valued at approximately $2,012,898. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Carrizo Oil & Gas (NASDAQ:CRZO) opened at 49.05 on Friday. Carrizo Oil & Gas has a 1-year low of $22.34 and a 1-year high of $50.37. The stock has a 50-day moving average of $43.30 and a 200-day moving average of $40.71. The company has a market cap of $2.007 billion and a P/E ratio of 22.88.
Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. The company had revenue of $131.94 million for the quarter, compared to the consensus estimate of $136.33 million. Analysts expect that Carrizo Oil & Gas will post $2.43 EPS for the current fiscal year.
A number of research firms have recently commented on CRZO. Analysts at SunTrust raised their price target on shares of Carrizo Oil & Gas from $52.00 to $57.00 in a research note on Wednesday. Separately, analysts at MLV Capital raised their price target on shares of Carrizo Oil & Gas from $62.00 to $67.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at MLV Capital raised their price target on shares of Carrizo Oil & Gas from $60.00 to $62.00 in a research note on Thursday, January 30th. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Carrizo Oil & Gas currently has a consensus rating of “Buy” and a consensus price target of $47.12.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
Source: http://tickerreport.com/banking-finance/149001/carrizo-oil-gas-coo-sells-709950-in-stock-crzo/?
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