Primeenergy resources’ Robert de Rothschild sells $785,797 in stock

Published 21/02/2025, 18:46
Primeenergy resources’ Robert de Rothschild sells $785,797 in stock

In a recent transaction, Robert de Rothschild, a ten-percent owner of PrimeEnergy Resources Corp (NASDAQ:PNRG), sold 3,904 common shares of the company. The shares were sold at a weighted average price of $201.28, with the total transaction amounting to $785,797. The sale comes as PNRG shows strong momentum, with the stock delivering an impressive 102% return over the past year. According to InvestingPro analysis, the company appears overvalued at current levels. Following this sale, de Rothschild retains ownership of 237,930 shares in the company. The sale was executed on February 19, 2025, as disclosed in a recent SEC filing. With a market capitalization of $330 million and a P/E ratio of 5.9, PNRG maintains a "GREAT" financial health score according to InvestingPro, which offers 5 additional key insights about the company’s prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.