Vitesse Energy, Inc. (NYSE:VTS – Get Free Report) CEO Robert Gerrity sold 36,785 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $19.66, for a total value of $723,193.10. Following the completion of the sale, the chief executive officer directly owned 371,991 shares in the company, valued at approximately $7,313,343.06. The trade was a 9.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.
Vitesse Energy Trading Up 0.9%
Shares of VTS stock opened at $19.58 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $757.12 million, a price-to-earnings ratio of 39.16 and a beta of 0.64. The stock has a 50 day simple moving average of $20.31 and a 200-day simple moving average of $22.58. Vitesse Energy, Inc. has a 1-year low of $18.84 and a 1-year high of $27.17.
Vitesse Energy (NYSE:VTS – Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.13). The company had revenue of $67.44 million during the quarter, compared to analyst estimates of $65.70 million. Vitesse Energy had a net margin of 7.70% and a return on equity of 5.71%. On average, equities research analysts expect that Vitesse Energy, Inc. will post 1.05 EPS for the current fiscal year.
Vitesse Energy Announces Dividend
Institutional Investors Weigh In On Vitesse Energy
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Vitesse Energy by 2,499.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 420,001 shares of the company’s stock worth $9,757,000 after buying an additional 403,843 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Vitesse Energy by 2,102.0% during the 3rd quarter. Millennium Management LLC now owns 204,350 shares of the company’s stock worth $4,747,000 after acquiring an additional 195,070 shares during the period. Punch & Associates Investment Management Inc. boosted its position in shares of Vitesse Energy by 17.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,272,995 shares of the company’s stock valued at $29,572,000 after acquiring an additional 193,195 shares during the last quarter. First Wilshire Securities Management Inc. boosted its position in shares of Vitesse Energy by 539.7% during the 2nd quarter. First Wilshire Securities Management Inc. now owns 223,754 shares of the company’s stock valued at $4,943,000 after acquiring an additional 188,774 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Vitesse Energy by 20.0% in the second quarter. American Century Companies Inc. now owns 845,848 shares of the company’s stock valued at $18,685,000 after purchasing an additional 140,768 shares during the period. Institutional investors and hedge funds own 51.63% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have commented on VTS. Evercore ISI cut their price objective on Vitesse Energy from $22.00 to $20.00 and set an “in-line” rating for the company in a research note on Monday, October 6th. Wall Street Zen upgraded Vitesse Energy from a “sell” rating to a “hold” rating in a research report on Friday, November 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Vitesse Energy in a research note on Monday, December 29th. Finally, Zacks Research cut shares of Vitesse Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $24.50.
View Our Latest Analysis on VTS
Trending Headlines about Vitesse Energy
Here are the key news stories impacting Vitesse Energy this week:
- Neutral Sentiment: President Brian Cree sold 1,440 shares on Jan. 21 at an average price of $19.69 (≈$28.4k). This is a small reduction (0.31%) of his stake and is unlikely by itself to move the stock materially. SEC Filing
- Negative Sentiment: President Brian Cree sold 18,000 shares on Jan. 20 at an average of $19.33 (~$348k), cutting his stake by ~3.72%. Larger insider sales from senior management can be viewed negatively by investors. SEC Filing
- Negative Sentiment: President Brian Cree sold 19,824 shares on Jan. 16 at an average of $19.37 (~$384k), reducing his position by ~3.94%. Combined with the Jan. 20–21 sales, this marks meaningful insider liquidity. SEC Filing
- Negative Sentiment: CEO Robert W. Gerrity sold 36,785 shares on Jan. 21 at an average of $19.66 (~$723k), a ~9.0% reduction in his holdings. CEO sales of this scale often trigger investor concern about management’s view of near-term upside. SEC Filing
- Negative Sentiment: CEO Robert W. Gerrity sold 45,463 shares on Jan. 20 at an average of $19.29 (~$877k), a ~10.01% cut. Multiple large sales across consecutive days amplify the negative signal. SEC Filing
- Negative Sentiment: CEO Robert W. Gerrity sold 31,460 shares on Jan. 16 at an average of $19.39 (~$610k), a ~6.48% reduction. Aggregated CEO sales over Jan. 16–21 represent a substantial transfer of insider-held stock to the market. SEC Filing
About Vitesse Energy
Vitesse Energy (NYSE: VTS) is an independent exploration and production company primarily focused on onshore oil and gas assets in the United States. Headquartered in Calgary, Alberta, the company identifies, acquires and develops low-decline, shallow to intermediate depth vertical wells, targeting predictable production profiles and stable cash flows. Vitesse leverages a lean operational model to optimize well performance and reduce unit operating costs across its asset base.
The company’s core operations are concentrated in the Arkoma Basin of eastern Oklahoma and the Ark-La-Tex region, where it holds acreage positions in multiple formations.
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