Talos Energy Inc. (NYSE:TALO – Get Free Report) insider Control Empresarial De Capital sold 2,500,000 shares of Talos Energy stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $18.33, for a total value of $45,825,000.00. Following the transaction, the insider directly owned 22,000,000 shares of the company’s stock, valued at $403,260,000. This trade represents a 10.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Control Empresarial De Capital also recently made the following trade(s):
- On Monday, October 19th, Control Empresarial De Capital sold 2,141,590 shares of Talos Energy stock. The stock was sold at an average price of $18.01, for a total transaction of $38,570,035.90.
- On Friday, October 16th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The stock was sold at an average price of $17.19, for a total transaction of $46,413,000.00.
- On Thursday, October 15th, Control Empresarial De Capital sold 52,000 shares of Talos Energy stock. The shares were sold at an average price of $17.01, for a total transaction of $884,520.00.
- On Wednesday, October 14th, Control Empresarial De Capital sold 265,446 shares of Talos Energy stock. The shares were sold at an average price of $17.30, for a total transaction of $4,592,215.80.
- On Tuesday, October 13th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The shares were sold at an average price of $17.51, for a total transaction of $47,277,000.00.
- On Monday, October 12th, Control Empresarial De Capital sold 2,200,000 shares of Talos Energy stock. The shares were sold at an average price of $17.25, for a total transaction of $37,950,000.00.
- On Friday, October 9th, Control Empresarial De Capital sold 1,730,000 shares of Talos Energy stock. The stock was sold at an average price of $17.08, for a total transaction of $29,548,400.00.
- On Thursday, October 8th, Control Empresarial De Capital sold 2,310,000 shares of Talos Energy stock. The stock was sold at an average price of $17.03, for a total value of $39,339,300.00.
- On Tuesday, October 6th, Control Empresarial De Capital sold 480,000 shares of Talos Energy stock. The shares were sold at an average price of $16.96, for a total value of $8,140,800.00.
- On Tuesday, September 15th, Control Empresarial De Capital sold 1,381,000 shares of Talos Energy stock. The shares were sold at an average price of $18.52, for a total value of $25,576,120.00.
Talos Energy Price Performance
NYSE:TALO traded down $0.37 during trading hours on Tuesday, reaching $18.18. 2,493,657 shares of the company traded hands. The firm’s 50-day moving average is $17.16 and its 200-day moving average is $14.85. Talos Energy Inc. has a 1-year low of $9.35 and a 1-year high of $18.76.
Talos Energy (NYSE:TALO – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.21. The company had revenue of $664.81 million during the quarter, compared to analyst estimates of $577.92 million. During the same period last year, the firm earned ($0.27) earnings per share. The business’s revenue was up 56.5% compared to the same quarter last year. On average, analysts forecast that Talos Energy Inc. will post 1.58 EPS for the current fiscal year.
Analyst Ratings Changes
TALO has been the subject of several analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $22.00 target price on shares of Talos Energy in a research note on Tuesday. Citigroup upped their target price on shares of Talos Energy from $18.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, October 15th. KeyCorp raised their price target on shares of Talos Energy from $21.00 to $23.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 15th. Stephens reiterated an “overweight” rating and set a $20.00 price target on shares of Talos Energy in a report on Wednesday, July 1st. Finally, Roth Capital raised shares of Talos Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $16.00 to $17.00 in a research report on Wednesday, July 1st. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $19.71.
Get Our Latest Analysis on TALO
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in TALO. WINTON GROUP Ltd grew its holdings in Talos Energy by 1,717.7% in the 2nd quarter. WINTON GROUP Ltd now owns 223,579 shares of the company’s stock valued at $2,886,000 after buying an additional 211,279 shares during the period. De Lisle Partners LLP acquired a new position in shares of Talos Energy during the 2nd quarter valued at about $2,144,000. Webs Creek Capital Management LP acquired a new position in shares of Talos Energy during the 2nd quarter valued at about $27,039,375. Bank of America Corp DE purchased a new position in shares of Talos Energy during the 2nd quarter worth about $7,338,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Talos Energy by 394,736.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 300,076 shares of the company’s stock worth $4,729,000 after acquiring an additional 300,000 shares during the period. Hedge funds and other institutional investors own 89.35% of the company’s stock.
Talos Energy Company Profile
Talos Energy Inc is an independent energy company focused on the exploration, development and production of oil and natural gas. The company’s upstream operations are concentrated in the U.S. Gulf of Mexico, where it holds interests in offshore properties and produces crude oil, natural gas and natural gas liquids.
In addition to its traditional exploration and production activities, Talos has pursued carbon management opportunities through the development of carbon capture and storage projects along the U.S.
Recommended Stories
- Five stocks we like better than Talos Energy
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
