Vital Energy, Inc. (NYSE:VTLE) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP grew its position in shares of Vital Energy, Inc. (NYSE:VTLE - Free Report) by 153.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,037 shares of the company's stock after purchasing an additional 26,089 shares during the quarter. GSA Capital Partners LLP owned approximately 0.11% of Vital Energy worth $1,158,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. ProShare Advisors LLC increased its stake in Vital Energy by 7.3% during the 1st quarter. ProShare Advisors LLC now owns 4,740 shares of the company's stock worth $249,000 after buying an additional 324 shares in the last quarter. Arizona State Retirement System increased its position in shares of Vital Energy by 5.4% during the second quarter. Arizona State Retirement System now owns 6,670 shares of the company's stock worth $299,000 after purchasing an additional 342 shares in the last quarter. Versor Investments LP raised its stake in Vital Energy by 2.8% in the 3rd quarter. Versor Investments LP now owns 14,900 shares of the company's stock valued at $401,000 after purchasing an additional 400 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in Vital Energy by 2.7% in the 3rd quarter. State of Alaska Department of Revenue now owns 15,392 shares of the company's stock valued at $414,000 after purchasing an additional 409 shares in the last quarter. Finally, CWM LLC boosted its stake in Vital Energy by 400.9% during the 2nd quarter. CWM LLC now owns 581 shares of the company's stock worth $26,000 after purchasing an additional 465 shares during the last quarter. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wolfe Research started coverage on shares of Vital Energy in a research note on Thursday, July 18th. They set an "underperform" rating and a $50.00 price objective for the company. Mizuho reduced their price objective on Vital Energy from $42.00 to $39.00 and set a "neutral" rating on the stock in a research report on Thursday, October 10th. BMO Capital Markets dropped their target price on Vital Energy from $48.00 to $40.00 and set a "market perform" rating for the company in a report on Friday, October 4th. JPMorgan Chase & Co. reduced their price target on Vital Energy from $45.00 to $31.00 and set an "underweight" rating on the stock in a report on Thursday, September 12th. Finally, KeyCorp lowered shares of Vital Energy from an "overweight" rating to a "sector weight" rating in a report on Friday, August 16th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $47.83.

Vital Energy Trading Down 0.8 %

NYSE:VTLE traded down $0.25 during trading hours on Friday, reaching $30.91. 767,208 shares of the stock were exchanged, compared to its average volume of 917,117. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 2.16 and a beta of 3.16. Vital Energy, Inc. has a twelve month low of $25.85 and a twelve month high of $58.30. The business has a 50-day moving average of $28.43 and a two-hundred day moving average of $38.17.

Vital Energy (NYSE:VTLE - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.15. The firm had revenue of $459.23 million for the quarter, compared to the consensus estimate of $461.58 million. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $5.16 EPS. On average, equities analysts predict that Vital Energy, Inc. will post 6.87 EPS for the current year.

Insider Buying and Selling at Vital Energy

In related news, CFO Bryan Lemmerman sold 10,000 shares of the stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $28.54, for a total value of $285,400.00. Following the transaction, the chief financial officer now directly owns 77,516 shares of the company's stock, valued at $2,212,306.64. This trade represents a 11.43 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Mark David Denny sold 5,145 shares of Vital Energy stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $30.22, for a total transaction of $155,481.90. Following the sale, the executive vice president now owns 26,358 shares in the company, valued at $796,538.76. This represents a 16.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,168 shares of company stock valued at $502,017 in the last quarter. Corporate insiders own 1.20% of the company's stock.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.