Spire Wealth Management Sells 61,921 Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST)

Spire Wealth Management trimmed its position in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 98.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 895 shares of the company's stock after selling 61,921 shares during the quarter. Spire Wealth Management's holdings in Vista Energy were worth $42,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VIST. Geode Capital Management LLC boosted its stake in shares of Vista Energy by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company's stock valued at $780,000 after buying an additional 410 shares during the period. Legal & General Group Plc lifted its position in shares of Vista Energy by 32.9% during the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after acquiring an additional 562 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Vista Energy by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after acquiring an additional 632 shares during the period. Commonwealth Equity Services LLC lifted its position in Vista Energy by 10.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,434 shares of the company's stock worth $510,000 after purchasing an additional 897 shares during the period. Finally, Mariner LLC lifted its position in Vista Energy by 19.8% during the fourth quarter. Mariner LLC now owns 8,310 shares of the company's stock worth $450,000 after purchasing an additional 1,372 shares during the period. 63.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VIST has been the subject of several recent analyst reports. Pickering Energy Partners initiated coverage on Vista Energy in a research report on Monday, April 7th. They set an "outperform" rating for the company. UBS Group raised shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Four investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Vista Energy currently has a consensus rating of "Buy" and a consensus target price of $65.68.

Vista Energy Trading Down 0.1%

Vista Energy stock traded down $0.05 during trading hours on Friday, hitting $48.30. The stock had a trading volume of 187,233 shares, compared to its average volume of 895,057. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 0.93. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 10.11, a P/E/G ratio of 0.79 and a beta of 1.00. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a one year low of $32.11 and a one year high of $61.67. The business's 50 day simple moving average is $49.08 and its 200-day simple moving average is $49.68.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.03). The business had revenue of $420.80 million for the quarter, compared to the consensus estimate of $472.61 million. Vista Energy had a net margin of 27.23% and a return on equity of 14.38%. On average, equities analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal year.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.