GSA Capital Partners LLP Invests $768,000 in Vital Energy, Inc. (NYSE:VTLE)

Key Points

• GSA Capital Partners LLP invested approximately $768,000 in Vital Energy, acquiring 36,172 shares during the 1st quarter, holding about 0.09% of the company's stock at the end of the reporting period.
• Vital Energy has recently seen notable activity among institutional investors, with hedge funds and institutions owning 86.54% of its shares, including significant increases in holdings by Vanguard Group and LPL Financial.
• The stock is currently trading down 9.5%, with a recent share price of $16.92, and analysts maintaining a consensus rating of "Hold" with an average price target of $28.30.

GSA Capital Partners LLP purchased a new position in Vital Energy, Inc. (NYSE:VTLE - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 36,172 shares of the company's stock, valued at approximately $768,000. GSA Capital Partners LLP owned about 0.09% of Vital Energy at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VTLE. Sei Investments Co. raised its position in shares of Vital Energy by 2.5% in the 4th quarter. Sei Investments Co. now owns 94,691 shares of the company's stock worth $2,928,000 after purchasing an additional 2,312 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in Vital Energy in the 4th quarter worth about $124,000. LPL Financial LLC raised its position in Vital Energy by 679.0% in the 4th quarter. LPL Financial LLC now owns 90,298 shares of the company's stock worth $2,792,000 after buying an additional 78,706 shares during the last quarter. Vanguard Group Inc. raised its position in Vital Energy by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 2,116,497 shares of the company's stock worth $65,442,000 after buying an additional 62,771 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in Vital Energy by 55.4% in the 4th quarter. Franklin Resources Inc. now owns 19,674 shares of the company's stock worth $608,000 after buying an additional 7,012 shares during the last quarter. Hedge funds and other institutional investors own 86.54% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on VTLE. Wells Fargo & Company reissued a "mixed" rating on shares of Vital Energy in a research report on Tuesday, July 15th. Mizuho decreased their target price on Vital Energy from $29.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Piper Sandler reissued a "neutral" rating and issued a $17.00 target price (up previously from $15.00) on shares of Vital Energy in a research report on Thursday, July 17th. Finally, Raymond James Financial downgraded Vital Energy from an "outperform" rating to an "underperform" rating in a research note on Tuesday, June 24th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Vital Energy has a consensus rating of "Hold" and an average price target of $28.30.

Vital Energy Trading Down 9.5%

Vital Energy stock opened at $16.92 on Friday. The business has a 50-day simple moving average of $17.83 and a two-hundred day simple moving average of $21.08. The company has a market cap of $655.99 million, a P/E ratio of -5.01 and a beta of 1.60. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.86. Vital Energy, Inc. has a 52-week low of $12.30 and a 52-week high of $41.86.

Vital Energy (NYSE:VTLE - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $2.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.11 by $0.26. The company had revenue of $512.18 million during the quarter, compared to the consensus estimate of $528.76 million. Vital Energy had a positive return on equity of 10.34% and a negative net margin of 6.37%. The firm's revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.84 EPS. Analysts predict that Vital Energy, Inc. will post 8.49 EPS for the current year.

Insider Buying and Selling

In related news, CEO M. Jason Pigott acquired 5,500 shares of the business's stock in a transaction that occurred on Wednesday, May 14th. The stock was bought at an average cost of $18.09 per share, for a total transaction of $99,495.00. Following the purchase, the chief executive officer owned 251,533 shares in the company, valued at $4,550,231.97. The trade was a 2.24% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Richard D. Campbell sold 250,000 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $18.25, for a total value of $4,562,500.00. Following the transaction, the insider owned 7,618,933 shares of the company's stock, valued at approximately $139,045,527.25. This trade represents a 3.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Vital Energy Company Profile

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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