Rosehill Resources (NASDAQ:ROSE) Director Harry Quarls purchased 10,000 shares of the firm’s stock in a transaction on Monday, May 21st. The stock was bought at an average price of $8.11 per share, for a total transaction of $81,100.00. Following the purchase, the director now owns 53,189 shares in the company, valued at $431,362.79. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Harry Quarls also recently made the following trade(s):
- On Thursday, May 17th, Harry Quarls purchased 6,700 shares of Rosehill Resources stock. The stock was bought at an average price of $8.15 per share, for a total transaction of $54,605.00.
Shares of ROSE stock opened at $8.05 on Tuesday. The firm has a market capitalization of $287.87 million, a price-to-earnings ratio of -50.31 and a beta of 1.36. Rosehill Resources has a 52 week low of $5.52 and a 52 week high of $10.84. The company has a debt-to-equity ratio of 6.17, a quick ratio of 0.40 and a current ratio of 0.40.
Several analysts have commented on the stock. ValuEngine cut shares of Rosehill Resources from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. Zacks Investment Research cut shares of Rosehill Resources from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 1st. Eurobank EFG assumed coverage on shares of Rosehill Resources in a research note on Tuesday, March 6th. They issued a “buy” rating and a $12.00 price target on the stock. Finally, B. Riley assumed coverage on shares of Rosehill Resources in a research note on Monday, February 5th. They issued a “buy” rating and a $9.50 price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $11.13.
Several hedge funds and other institutional investors have recently made changes to their positions in ROSE. Quantum Capital Management raised its position in shares of Rosehill Resources by 130.1% during the 1st quarter. Quantum Capital Management now owns 214,442 shares of the company’s stock valued at $1,259,000 after buying an additional 121,233 shares in the last quarter. Geode Capital Management LLC purchased a new stake in shares of Rosehill Resources during the 4th quarter valued at about $406,000. BlackRock Inc. raised its position in shares of Rosehill Resources by 12.6% during the 4th quarter. BlackRock Inc. now owns 131,055 shares of the company’s stock valued at $1,031,000 after buying an additional 14,619 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Rosehill Resources by 10.2% during the 4th quarter. Wells Fargo & Company MN now owns 147,808 shares of the company’s stock valued at $1,162,000 after buying an additional 13,633 shares in the last quarter. Finally, Millennium Management LLC raised its position in shares of Rosehill Resources by 61.4% during the 1st quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock valued at $109,000 after buying an additional 7,075 shares in the last quarter. Hedge funds and other institutional investors own 5.42% of the company’s stock.
About Rosehill Resources
Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2016, it operated 20 horizontal and 1 vertical wells in the Permian Basin; and 18 vertical and 21 horizontal wells in the Barnett Shale in the Fort Worth Basin.
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