Cabot Oil & Gas Corporation (COG): Peacock Downsizes Holding

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Dexter P. Peacock, Director at Cabot Oil & Gas Corporation (NYSE:COG) disclosed today the disposal of 100,000 shares through two separate transactions on October 27, 2014. Each sale involved 50,000 shares and the weighted average price for the first sale was $30.616 and $30.888 for the second. Mr. Peacock has completed one additional sale this year, and now owns a total of 257,745 shares.

Kevin George Cunningham, Vice President and General Counsel at Cabot Oil & Gas Corporation (NYSE:COG) has been the only other insider selling the stock this year. Mr. Cunningham sold 36,503 shares at a unit price of $34.20 last June, and now owns a total of 36,503 shares.

Jean-Marie Eveillard’s First Eagle Investment Management is the largest shareholding institution (amongst those we track) at Cabot Oil & Gas Corporation (NYSE:COG) with 2,214,427 shares, at an estimated value of $75.6 million, after reporting a 2551% increment for the second filling period of 2014.

Cabot Oil & Gas Corporation (NYSE:COG) is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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