Kinetik (NYSE:KNTK) Major Shareholder Isq Global Fund Ii Gp Llc Sells 8,772 Shares of Stock

Kinetik Holdings Inc. (NYSE:KNTKGet Free Report) major shareholder Isq Global Fund Ii Gp Llc sold 8,772 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $55.06, for a total value of $482,986.32. Following the completion of the transaction, the insider owned 713,845 shares in the company, valued at $39,304,305.70. This represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Isq Global Fund Ii Gp Llc also recently made the following trade(s):

  • On Tuesday, September 15th, Isq Global Fund Ii Gp Llc sold 4,686 shares of Kinetik stock. The shares were sold at an average price of $55.11, for a total value of $258,245.46.
  • On Monday, September 14th, Isq Global Fund Ii Gp Llc sold 1,025 shares of Kinetik stock. The shares were sold at an average price of $55.15, for a total value of $56,528.75.
  • On Thursday, September 10th, Isq Global Fund Ii Gp Llc sold 5,840 shares of Kinetik stock. The stock was sold at an average price of $55.39, for a total value of $323,477.60.
  • On Wednesday, September 9th, Isq Global Fund Ii Gp Llc sold 4,585 shares of Kinetik stock. The stock was sold at an average price of $55.19, for a total value of $253,046.15.
  • On Tuesday, September 8th, Isq Global Fund Ii Gp Llc sold 58,383 shares of Kinetik stock. The shares were sold at an average price of $55.14, for a total value of $3,219,238.62.
  • On Tuesday, September 1st, Isq Global Fund Ii Gp Llc sold 45,428 shares of Kinetik stock. The shares were sold at an average price of $55.06, for a total transaction of $2,501,265.68.
  • On Wednesday, August 26th, Isq Global Fund Ii Gp Llc sold 76,260 shares of Kinetik stock. The stock was sold at an average price of $55.28, for a total transaction of $4,215,652.80.
  • On Friday, August 21st, Isq Global Fund Ii Gp Llc sold 6,963 shares of Kinetik stock. The stock was sold at an average price of $55.17, for a total transaction of $384,148.71.
  • On Tuesday, August 18th, Isq Global Fund Ii Gp Llc sold 64,898 shares of Kinetik stock. The shares were sold at an average price of $54.32, for a total transaction of $3,525,259.36.
  • On Thursday, August 20th, Isq Global Fund Ii Gp Llc sold 3,107 shares of Kinetik stock. The shares were sold at an average price of $55.07, for a total transaction of $171,102.49.

Kinetik Trading Down 1.5%

KNTK stock opened at $53.87 on Thursday. Kinetik Holdings Inc. has a 1-year low of $31.33 and a 1-year high of $56.92. The business’s 50-day moving average price is $52.17 and its two-hundred day moving average price is $49.06. The firm has a market cap of $8.75 billion, a PE ratio of 19.52, a P/E/G ratio of 1.35 and a beta of 0.57.

Kinetik (NYSE:KNTKGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.45. Kinetik had a negative return on equity of 38.96% and a net margin of 26.19%.The company had revenue of $581.44 million for the quarter, compared to analyst estimates of $421.48 million. During the same quarter last year, the firm posted $0.33 earnings per share. Kinetik’s revenue was up 36.3% compared to the same quarter last year. On average, analysts forecast that Kinetik Holdings Inc. will post 1.3 earnings per share for the current year.

Institutional Investors Weigh In On Kinetik

Several large investors have recently made changes to their positions in the stock. Miller Howard Investments Inc. NY increased its holdings in shares of Kinetik by 69.4% during the 1st quarter. Miller Howard Investments Inc. NY now owns 146,317 shares of the company’s stock worth $7,083,000 after acquiring an additional 59,942 shares during the last quarter. Infrastructure Capital Advisors LLC acquired a new stake in Kinetik during the 4th quarter valued at $9,323,000. HighTower Advisors LLC lifted its holdings in Kinetik by 33.1% during the 4th quarter. HighTower Advisors LLC now owns 102,906 shares of the company’s stock valued at $3,710,000 after purchasing an additional 25,574 shares during the last quarter. Diversify Wealth Management LLC bought a new position in Kinetik during the first quarter worth $1,612,000. Finally, SG Americas Securities LLC boosted its position in Kinetik by 92.6% during the first quarter. SG Americas Securities LLC now owns 274,447 shares of the company’s stock worth $13,286,000 after purchasing an additional 131,971 shares during the period. Institutional investors and hedge funds own 21.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Raymond James Financial reaffirmed an “outperform” rating and set a $55.00 price target on shares of Kinetik in a research report on Friday, August 7th. Barclays set a $51.00 target price on shares of Kinetik and gave the stock an “equal weight” rating in a report on Thursday, August 6th. US Capital Advisors raised shares of Kinetik from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, May 29th. Jefferies Financial Group reiterated a “hold” rating and issued a $56.00 price target on shares of Kinetik in a research note on Wednesday, September 9th. Finally, Clear Str downgraded shares of Kinetik from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $54.00.

View Our Latest Analysis on KNTK

Key Kinetik News

Here are the key news stories impacting Kinetik this week:

  • Positive Sentiment: Kinetik’s record second-quarter performance remains a key bullish factor. The Permian-focused midstream operator reported $123.1 million in net income and $280.8 million in adjusted EBITDA, while raising its full-year 2026 guidance. The results suggest continued volume growth and stronger cash-generation potential. Kinetik’s Record Quarter Sets Up a Bigger 2027 Bet
  • Positive Sentiment: Coverage highlighting Kinetik’s strong fundamentals and potential appeal as a takeover target could support the shares by increasing expectations for strategic interest or a premium acquisition offer. However, no transaction has been announced. Why Kinetik Holdings Could Become a Takeover Target
  • Positive Sentiment: Kinetik has reportedly outperformed some oil-and-energy peers this year, reinforcing its relative-strength profile and investor interest in its midstream growth story. Kinetik Versus Its Oils and Energy Peers
  • Neutral Sentiment: ISQ Global Fund II GP LLC sold 1,025 shares on September 14, 4,686 shares on September 15 and 8,772 shares on September 16 at prices between $55.06 and $55.15. The transactions totaled 14,483 shares, reducing its reported position by roughly 2%, but the shareholder still retained 713,845 shares. The sales may reflect routine portfolio management rather than a change in Kinetik’s fundamentals. SEC Form 4 Filing

About Kinetik

(Get Free Report)

Kinetik Holdings Inc (NYSE: KNTK) is a midstream energy company that provides gathering, processing, transportation and logistics services for oil and natural gas producers. The company’s operations are focused primarily on the Delaware Basin, a major producing region within the Permian Basin of West Texas and southeastern New Mexico.

Kinetik’s services include natural gas gathering and processing, natural gas liquids transportation and handling, crude oil logistics, and long-haul natural gas transportation.

Further Reading

Insider Buying and Selling by Quarter for Kinetik (NYSE:KNTK)

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