Carrizo Oil & Gas, Inc. (CRZO) COO John Bradley Fisher Sells 35,000 Shares

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) COO John Bradley Fisher sold 35,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $25.43, for a total value of $890,050.00. Following the transaction, the chief operating officer now 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 can be accessed through this hyperlink.

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 reports. 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 1-year low of $25.83 and a 1-year high of $26.39. The company has a market capitalization of $2.14 billion, a P/E ratio of 15.40 and a beta of 2.08.

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

CRZO has been the topic of several analyst reports. Johnson Rice downgraded Carrizo Oil & Gas from a “buy” rating to an “accumulate” rating in a research note on Tuesday, February 27th. Northland Securities reiterated a “buy” rating and issued a $28.00 target price on shares of Carrizo Oil & Gas in a research note on Thursday, March 1st. Jefferies Group upgraded Carrizo Oil & Gas from a “hold” rating to a “buy” rating and lifted their target price for the company from $14.05 to $20.00 in a research note on Thursday, March 1st. SunTrust Banks set a $23.00 target price on Carrizo Oil & Gas and gave the company a “buy” rating in a research note on Tuesday, February 27th. They noted that the move was a valuation call. Finally, Williams Capital reiterated a “buy” rating and issued a $28.00 target price (down from $32.00) on shares of Carrizo Oil & Gas in a research note on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $26.79.

Several institutional investors have recently bought and sold shares of CRZO. Sterling Investment Advisors Ltd. purchased a new stake in shares of Carrizo Oil & Gas in the fourth quarter valued at approximately $128,000. Miller Investment Management LP purchased a new stake in shares of Carrizo Oil & Gas in the first quarter valued at approximately $160,000. Alambic Investment Management L.P. acquired a new position in Carrizo Oil & Gas during the first quarter worth $166,000. CIBC Asset Management Inc acquired a new position in Carrizo Oil & Gas during the fourth quarter worth $212,000. Finally, Teza Capital Management LLC acquired a new position in Carrizo Oil & Gas during the first quarter worth $226,000.

About Carrizo Oil & Gas

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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