Control Empresarial De Capital Sells 960,000 Shares of Talos Energy (NYSE:TALO) Stock

Key Points

• Insider sale: Control Empresarial De Capital sold 960,000 TALO shares on March 26 at an average of $16.65 (≈$15.98M) and another 1,352,000 shares on March 27 at $16.68 (≈$22.55M), cutting its stake by about 2.2% to 42,585,604 shares.
• Company context: Talos stock traded near $15.49 (52‑week range $6.23–$17.00) after reporting a quarterly EPS miss and a 19.2% YoY revenue decline; analysts' consensus is a "Hold" with a $17.50 target.

Talos Energy Inc. (NYSE:TALO - Get Free Report) insider Control Empresarial De Capital sold 960,000 shares of the business's stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $16.65, for a total transaction of $15,984,000.00. Following the sale, the insider owned 42,585,604 shares in the company, valued at $709,050,306.60. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Control Empresarial De Capital also recently made the following trade(s):

• On Friday, March 27th, Control Empresarial De Capital sold 1,352,000 shares of Talos Energy stock. The shares were sold at an average price of $16.68, for a total transaction of $22,551,360.00.

Talos Energy Price Performance

Shares of NYSE TALO traded up $0.56 during mid-day trading on Thursday, reaching $15.49. 514,219 shares of the company traded hands, compared to its average volume of 2,382,619. Talos Energy Inc. has a fifty-two week low of $6.23 and a fifty-two week high of $17.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market cap of $2.61 billion, a PE ratio of -5.46 and a beta of 0.54. The stock has a fifty day simple moving average of $13.32 and a 200-day simple moving average of $11.48.

Talos Energy (NYSE:TALO - Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported ($0.44) earnings per share for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.17). Talos Energy had a negative return on equity of 6.59% and a negative net margin of 27.77%.The firm had revenue of $392.24 million during the quarter, compared to analyst estimates of $431.22 million. During the same quarter last year, the company earned $0.08 earnings per share. The business's revenue for the quarter was down 19.2% on a year-over-year basis. Equities research analysts anticipate that Talos Energy Inc. will post -0.44 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on TALO. Mizuho increased their price objective on Talos Energy from $14.00 to $15.00 and gave the company a "neutral" rating in a research report on Tuesday, March 17th. Citigroup boosted their target price on Talos Energy from $16.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Talos Energy in a report on Monday, December 29th. Benchmark cut Talos Energy from a "buy" rating to a "hold" rating in a research note on Thursday, March 5th. Finally, Wall Street Zen downgraded Talos Energy from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Talos Energy presently has a consensus rating of "Hold" and a consensus price target of $17.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sourcerock Group LLC raised its position in Talos Energy by 11.0% during the second quarter. Sourcerock Group LLC now owns 11,193,177 shares of the company's stock valued at $94,918,000 after buying an additional 1,110,685 shares during the period. Vanguard Group Inc. boosted its position in Talos Energy by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 9,526,431 shares of the company's stock worth $91,358,000 after acquiring an additional 164,999 shares during the period. Dimensional Fund Advisors LP boosted its position in Talos Energy by 4.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,967,001 shares of the company's stock worth $98,819,000 after acquiring an additional 345,765 shares during the period. American Century Companies Inc. grew its stake in Talos Energy by 8.6% during the 3rd quarter. American Century Companies Inc. now owns 5,765,905 shares of the company's stock valued at $55,295,000 after acquiring an additional 455,409 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Talos Energy by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 3,055,968 shares of the company's stock valued at $33,682,000 after purchasing an additional 141,518 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 oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company's core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy's asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.

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