Shares of Carrizo Oil & Gas Inc. (NASDAQ:CRZO) were up 4.7% on Monday . The company traded as high as $38.35 and last traded at $38.09, with a volume of 794,527 shares trading hands. The stock had previously closed at $36.38.

A number of analysts have recently weighed in on CRZO shares. Canaccord Genuity increased their price objective on Carrizo Oil & Gas from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Thursday, June 9th. Simmons reissued a “neutral” rating and set a $46.00 price objective (up previously from $42.00) on shares of Carrizo Oil & Gas in a research note on Monday. JPMorgan Chase & Co. raised Carrizo Oil & Gas from a “neutral” rating to an “overweight” rating and set a $40.00 price objective for the company in a research note on Thursday, May 26th. Seaport Global Securities raised Carrizo Oil & Gas from a “neutral” rating to an “accumulate” rating and set a $44.00 price objective for the company in a research note on Tuesday, June 7th. Finally, Royal Bank Of Canada increased their price objective on Carrizo Oil & Gas from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Thursday, May 5th. Three equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $39.27.

The firm’s market cap is $2.23 billion. The company’s 50 day moving average is $34.81 and its 200-day moving average is $32.55.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.16. During the same quarter in the previous year, the firm earned $0.39 EPS. The business had revenue of $107.30 million for the quarter, compared to analysts’ expectations of $119.67 million. Carrizo Oil & Gas’s revenue was down 13.1% compared to the same quarter last year. Equities analysts predict that Carrizo Oil & Gas Inc. will post $1.05 EPS for the current fiscal year.

In related news, CEO S P. Iv Johnson sold 6,000 shares of the business’s stock in a transaction on Monday, June 6th. The stock was sold at an average price of $38.38, for a total transaction of $230,280.00. Following the completion of the transaction, the chief executive officer now owns 619,717 shares in the company, valued at approximately $23,784,738.46. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Gerald A. Morton sold 4,246 shares of the business’s stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $37.92, for a total value of $161,008.32. Following the transaction, the vice president now owns 66,374 shares of the company’s stock, valued at approximately $2,516,902.08. The disclosure for this sale can be found here.

Other large investors have recently modified their holdings of the company. Nationwide Fund Advisors boosted its stake in shares of Carrizo Oil & Gas by 10.0% in the fourth quarter. Nationwide Fund Advisors now owns 41,079 shares of the company’s stock valued at $1,215,000 after buying an additional 3,734 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Carrizo Oil & Gas during the fourth quarter valued at $1,682,000. Mutual of America Capital Management LLC boosted its stake in shares of Carrizo Oil & Gas by 26.2% in the fourth quarter. Mutual of America Capital Management LLC now owns 78,323 shares of the company’s stock valued at $2,317,000 after buying an additional 16,244 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in shares of Carrizo Oil & Gas during the fourth quarter valued at $3,550,000. Finally, Bank of Montreal Can boosted its stake in shares of Carrizo Oil & Gas by 19.8% in the fourth quarter. Bank of Montreal Can now owns 362,794 shares of the company’s stock valued at $10,731,000 after buying an additional 59,845 shares in the last quarter.

Carrizo Oil & Gas, Inc is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

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