Vital Energy, Inc. (NYSE:VTLE) Stock Holdings Decreased by GTS Securities LLC

GTS Securities LLC decreased its position in shares of Vital Energy, Inc. (NYSE:VTLE - Free Report) by 71.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,838 shares of the company's stock after selling 22,162 shares during the period. GTS Securities LLC's holdings in Vital Energy were worth $273,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VTLE. Sterling Capital Management LLC increased its position in Vital Energy by 805.9% during the fourth quarter. Sterling Capital Management LLC now owns 915 shares of the company's stock worth $28,000 after purchasing an additional 814 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Vital Energy in the fourth quarter worth $34,000. Nisa Investment Advisors LLC increased its position in shares of Vital Energy by 276.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company's stock worth $34,000 after acquiring an additional 803 shares in the last quarter. Quarry LP acquired a new stake in shares of Vital Energy in the fourth quarter worth $37,000. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Vital Energy in the fourth quarter worth $96,000. Hedge funds and other institutional investors own 86.54% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VTLE. Piper Sandler lowered their price target on shares of Vital Energy from $23.00 to $16.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Citigroup lowered shares of Vital Energy to a "reduce" rating in a report on Wednesday, March 5th. Williams Trading set a $27.00 price target on shares of Vital Energy in a report on Wednesday, March 5th. Wells Fargo & Company lowered their price target on shares of Vital Energy from $36.00 to $24.00 and set an "equal weight" rating for the company in a report on Tuesday, March 25th. Finally, Raymond James lowered their price target on shares of Vital Energy from $44.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, March 10th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, Vital Energy has an average rating of "Hold" and a consensus target price of $30.36.

Vital Energy Stock Performance

Shares of Vital Energy stock traded down $0.40 during trading hours on Friday, reaching $14.88. The company's stock had a trading volume of 997,915 shares, compared to its average volume of 1,090,971. The company's 50 day simple moving average is $15.86 and its 200 day simple moving average is $25.22. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.67 and a current ratio of 0.78. Vital Energy, Inc. has a one year low of $12.30 and a one year high of $49.06. The stock has a market cap of $576.87 million, a P/E ratio of -3.13 and a beta of 1.53.

Vital Energy (NYSE:VTLE - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.26. The firm had revenue of $512.18 million for the quarter, compared to the consensus estimate of $528.76 million. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. Vital Energy's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $1.84 EPS. As a group, analysts expect that Vital Energy, Inc. will post 8.49 EPS for the current fiscal year.

Insider Buying and Selling at Vital Energy

In related news, major shareholder Richard D. Campbell bought 5,000 shares of the stock in a transaction on Thursday, April 3rd. The shares were purchased at an average price of $17.75 per share, with a total value of $88,750.00. Following the purchase, the insider now owns 43,072 shares in the company, valued at approximately $764,528. This represents a 13.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Bryan Lemmerman sold 10,000 shares of Vital Energy stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total transaction of $207,300.00. Following the completion of the transaction, the chief financial officer now directly owns 97,556 shares in the company, valued at $2,022,335.88. This represents a 9.30% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,647 shares of company stock valued at $448,742. Company insiders own 1.50% of the company's stock.

Vital Energy 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.