Today, 6,000 Shares of Carrizo Oil & Gas Inc. (CRZO) Stock are sold by S P. Iv Johnson

Today, 6,000 Shares of Carrizo Oil & Gas Inc. (CRZO) Stock are sold by S P. Iv Johnson

Carrizo Oil & Gas Inc. (NASDAQ:CRZO) insider S P. Iv Johnson sold 6,000 shares of Carrizo Oil & Gas stock in a transaction dated Wednesday, October 5th. The stock was sold at an average price of $41.56, for a total transaction of $249,360.00. Following the sale, the insider now owns 595,717 shares of the company’s stock, valued at $24,757,998.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Carrizo Oil & Gas Inc. (NASDAQ:CRZO) opened at 41.48 on Friday. The company’s market cap is $2.45 billion. Carrizo Oil & Gas Inc. has a 1-year low of $16.10 and a 1-year high of $43.97. The firm’s 50-day moving average is $37.36 and its 200 day moving average is $35.65.

Carrizo Oil & Gas (NASDAQ:CRZO) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.16. Carrizo Oil & Gas had a positive return on equity of 19.03% and a negative net margin of 421.40%. The firm had revenue of $107.30 million for the quarter, compared to the consensus estimate of $119.67 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The firm’s revenue was down 13.1% on a year-over-year basis. Equities analysts expect that Carrizo Oil & Gas Inc. will post $1.06 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in CRZO. Financial Architects Inc increased its position in Carrizo Oil & Gas by 4,458.8% in the second quarter. Financial Architects Inc now owns 3,100 shares of the company’s stock worth $111,000 after buying an additional 3,032 shares in the last quarter. Huntington Asset Advisors Inc. purchased a new position in Carrizo Oil & Gas during the first quarter worth approximately $117,000. Blair William & Co. IL purchased a new position in Carrizo Oil & Gas during the second quarter worth approximately $209,000. Panagora Asset Management Inc. increased its position in Carrizo Oil & Gas by 77.2% in the second quarter. Panagora Asset Management Inc. now owns 6,127 shares of the company’s stock worth $220,000 after buying an additional 2,670 shares in the last quarter. Finally, Amalgamated Bank purchased a new position in Carrizo Oil & Gas during the second quarter worth approximately $233,000.

CRZO has been the subject of a number of recent analyst reports. Stifel Nicolaus initiated coverage on shares of Carrizo Oil & Gas in a report on Thursday, June 16th. They issued a “buy” rating and a $48.00 target price for the company. Canaccord Genuity boosted their target price on shares of Carrizo Oil & Gas from $38.00 to $44.00 and gave the company a “buy” rating in a report on Thursday, June 9th. Cantor Fitzgerald restated a “buy” rating on shares of Carrizo Oil & Gas in a report on Sunday, July 10th. Zacks Investment Research upgraded shares of Carrizo Oil & Gas from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Wednesday, July 6th. Finally, Jefferies Group restated a “buy” rating on shares of Carrizo Oil & Gas in a report on Thursday, August 11th. Five research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $39.74.

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