Vital Energy, Inc. (NYSE:VTLE - Get Free Report) COO Kathryn Anne Hill sold 5,673 shares of Vital Energy stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total value of $117,601.29. Following the completion of the sale, the chief operating officer now owns 46,413 shares in the company, valued at approximately $962,141.49. The trade was a 10.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Vital Energy Trading Up 1.9 %
VTLE traded up $0.40 on Monday, hitting $21.62. The company had a trading volume of 1,020,265 shares, compared to its average volume of 946,013. The company's fifty day moving average price is $30.70 and its 200 day moving average price is $30.08. Vital Energy, Inc. has a 1 year low of $19.85 and a 1 year high of $58.30. The company has a current ratio of 0.78, a quick ratio of 0.67 and a debt-to-equity ratio of 0.91. The firm has a market cap of $824.25 million, a P/E ratio of -4.55 and a beta of 3.07.
Vital Energy (NYSE:VTLE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.30 EPS for the quarter, topping the consensus estimate of $2.03 by $0.27. The firm had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. As a group, equities analysts expect that Vital Energy, Inc. will post 8.49 earnings per share for the current year.
Institutional Investors Weigh In On Vital Energy
Institutional investors have recently modified their holdings of the company. Versor Investments LP lifted its holdings in Vital Energy by 2.8% during the 3rd quarter. Versor Investments LP now owns 14,900 shares of the company's stock worth $401,000 after buying an additional 400 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Vital Energy by 3.6% in the third quarter. The Manufacturers Life Insurance Company now owns 14,490 shares of the company's stock valued at $390,000 after acquiring an additional 503 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Vital Energy by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,278 shares of the company's stock valued at $503,000 after purchasing an additional 535 shares during the period. US Bancorp DE grew its stake in Vital Energy by 9.1% during the 4th quarter. US Bancorp DE now owns 6,971 shares of the company's stock worth $216,000 after purchasing an additional 581 shares in the last quarter. Finally, ClearAlpha Technologies LP grew its stake in Vital Energy by 5.1% during the 3rd quarter. ClearAlpha Technologies LP now owns 13,250 shares of the company's stock worth $356,000 after purchasing an additional 644 shares in the last quarter. 86.54% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have weighed in on VTLE shares. Wolfe Research upgraded Vital Energy from an "underperform" rating to a "peer perform" rating in a report on Friday, January 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Vital Energy from $34.00 to $23.00 and set an "underweight" rating for the company in a research note on Thursday. Piper Sandler cut their price objective on shares of Vital Energy from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Raymond James lowered their target price on Vital Energy from $44.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, March 10th. Finally, Wells Fargo & Company lifted their price objective on Vital Energy from $34.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 15th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $40.46.
Read Our Latest Report on Vital Energy
Vital Energy Company Profile
(
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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.
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