Rosehill Resources (ROSE) Director Harry Quarls Buys 10,000 Shares of Stock

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.



Rosehill Resources (NASDAQ:ROSE) last announced its earnings results on Monday, May 14th. The company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $2.06. The firm had revenue of $55.79 million for the quarter, compared to analysts’ expectations of $49.80 million. Rosehill Resources had a net margin of 5.62% and a return on equity of 69.29%. equities analysts expect that Rosehill Resources will post 1.13 earnings per share for the current fiscal year.

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.

Insider Buying and Selling by Quarter for Rosehill Resources (NASDAQ:ROSE)

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