Cabot Oil & Gas Corporation (NYSE:COG), saw three directors increase their holdings in the company. Robert L. Keiser and James R. Gibbs both purchased 624 shares at an average price of $34.09; while Matt W. Ralls bought 551 shares also at an average of $34.09 per share.
Following these transactions, Keiser now directly has 223,514 shares; Gibbs holds 56,110 shares directly; and Ralls now holds 31,636 shares directly invested in the company. Cabot Oil & Gas Corporation (NYSE:COG), is a $14.06 billion market cap corporation that is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties.
In addition, there are two hedge funds with major holdings in this fund. Dan Loeb‘s hedge fund, Third Point, rose it’s activity by 50% last quarter, and now has 4,500,000 shares worth about $152.5 million; while D.E. Shaw‘s D E Shaw fund also saw an increase in activity, by 73%, now holding 4,205,552 shares worth approximately $142.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.