The VP & CFO of Carrizo Oil & Gas (NASDAQ: CRZO) is Selling Shares

By Carrie Williams

Today, the VP & CFO of Carrizo Oil & Gas (CRZOResearch Report), David L. Pitts, sold shares of CRZO for $267.5K.

In addition to David L. Pitts, 5 other CRZO executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Carrizo Oil & Gas’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $273 million and quarterly net profit of $260 million. In comparison, last year the company earned revenue of $247 million and had a GAAP net loss of $17.04 million. CRZO’s market cap is $1.16B and the company has a P/E ratio of 3.19. Currently, Carrizo Oil & Gas has an average volume of 3.96M.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $17.93, reflecting a 35.7% upside.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Carrizo Oil & Gas, Inc. engages in the exploration, development, and production of natural gas and oil. Its operations include Delaware Basin and Eagle Ford Shale. The company was founded by Sylvester P. Johnson IV and Steven Alan Webster in December 1993 and is headquartered in Houston, TX.