PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt Sells 3,368 Shares

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 3,368 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $100.01, for a total transaction of $336,833.68. Following the completion of the sale, the director now directly owns 147,827 shares of the company’s stock, valued at approximately $14,784,178.27. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

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

PrimeEnergy Resources Stock Up 1.1 %

Shares of NASDAQ PNRG traded up $1.13 during trading hours on Wednesday, hitting $100.70. 6,039 shares of the stock were exchanged, compared to its average volume of 1,947. The company has a market cap of $180.25 million, a PE ratio of 9.30 and a beta of 0.51. The firm has a fifty day moving average price of $99.55 and a 200-day moving average price of $102.39. PrimeEnergy Resources Co. has a 12 month low of $80.63 and a 12 month high of $120.00.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its stake in shares of PrimeEnergy Resources by 17.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,093 shares of the oil and natural gas company’s stock worth $754,000 after acquiring an additional 1,033 shares in the last quarter. New York State Common Retirement Fund increased its stake in PrimeEnergy Resources by 10.5% during the 4th quarter. New York State Common Retirement Fund now owns 4,206 shares of the oil and natural gas company’s stock valued at $447,000 after purchasing an additional 400 shares in the last quarter. Strs Ohio increased its stake in PrimeEnergy Resources by 5.9% during the 4th quarter. Strs Ohio now owns 3,600 shares of the oil and natural gas company’s stock valued at $382,000 after purchasing an additional 200 shares in the last quarter. Lauer Wealth LLC acquired a new position in PrimeEnergy Resources during the 4th quarter valued at approximately $300,000. Finally, Bank of New York Mellon Corp acquired a new position in PrimeEnergy Resources during the 3rd quarter valued at approximately $241,000.

PrimeEnergy Resources Company Profile

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.