Carrizo Oil & Gas, Inc. (CRZO) COO Sells $890,050.00 in Stock

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) COO John Bradley Fisher sold 35,000 shares of the stock in a transaction dated Tuesday, May 15th. The shares were sold at an average price of $25.43, for a total value of $890,050.00. Following the completion of the sale, the chief operating officer now directly owns 194,936 shares in the company, valued at approximately $4,957,222.48. The transaction was disclosed in a document filed with the SEC, which is available through this link.

John Bradley Fisher also recently made the following trade(s):

  • On Friday, May 11th, John Bradley Fisher sold 15,000 shares of Carrizo Oil & Gas stock. The shares were sold at an average price of $24.85, for a total value of $372,750.00.
  • On Tuesday, March 20th, John Bradley Fisher sold 22,292 shares of Carrizo Oil & Gas stock. The shares were sold at an average price of $14.83, for a total value of $330,590.36.

Carrizo Oil & Gas opened at $27.33 on Friday, Marketbeat Ratings reports. The company has a market cap of $2.14 billion, a P/E ratio of 15.40 and a beta of 2.08. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 3.69. Carrizo Oil & Gas, Inc. has a 52-week low of $25.83 and a 52-week high of $26.39.

Carrizo Oil & Gas (NASDAQ:CRZO) last released its quarterly earnings results on Monday, May 7th. The oil and gas producer reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.15. The firm had revenue of $225.28 million for the quarter, compared to the consensus estimate of $200.88 million. Carrizo Oil & Gas had a return on equity of 48.53% and a net margin of 9.10%. The firm’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 EPS. research analysts expect that Carrizo Oil & Gas, Inc. will post 2.64 EPS for the current fiscal year.

A number of research firms have issued reports on CRZO. SunTrust Banks set a $25.00 price target on Carrizo Oil & Gas and gave the company a “buy” rating in a research report on Tuesday, April 17th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $22.00 price target on shares of Carrizo Oil & Gas in a research report on Friday, April 13th. KeyCorp set a $26.00 price target on Carrizo Oil & Gas and gave the company a “buy” rating in a research report on Sunday, January 21st. BidaskClub raised Carrizo Oil & Gas from a “sell” rating to a “hold” rating in a research report on Saturday, April 21st. Finally, Johnson Rice lowered Carrizo Oil & Gas from a “buy” rating to an “accumulate” rating in a research report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company. Carrizo Oil & Gas has a consensus rating of “Hold” and an average target price of $26.79.

Large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its stake in Carrizo Oil & Gas by 6.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,000,141 shares of the oil and gas producer’s stock worth $21,283,000 after buying an additional 63,893 shares during the last quarter. Frontier Capital Management Co. LLC grew its stake in Carrizo Oil & Gas by 12.5% during the 4th quarter. Frontier Capital Management Co. LLC now owns 7,040,815 shares of the oil and gas producer’s stock worth $149,829,000 after buying an additional 784,124 shares during the last quarter. Dumac Inc. purchased a new position in Carrizo Oil & Gas during the 4th quarter worth approximately $5,062,000. Cpwm LLC purchased a new position in Carrizo Oil & Gas during the 4th quarter worth approximately $1,170,000. Finally, Aperio Group LLC grew its stake in Carrizo Oil & Gas by 34.8% during the 4th quarter. Aperio Group LLC now owns 40,966 shares of the oil and gas producer’s stock worth $872,000 after buying an additional 10,587 shares during the last quarter.

Carrizo Oil & Gas Company Profile

Carrizo Oil & Gas, Inc, together with its subsidiaries, engages in the exploration, development, and production of 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 Eagle Ford Shale in South Texas; and the Delaware Basin in West Texas.

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

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