Geopark (NYSE:GPRK) Director James Franklin Park Sells 120,000 Shares

Key Points

• Director James Franklin Park sold 120,000 Geopark shares at an average price of $9.65, generating $1.16 million and reducing his ownership by 13.16% to 792,118 shares.
• Geopark reported quarterly EPS of $0.22, beating estimates by $0.10, although revenue of $143.3 million fell short of the $185.5 million consensus forecast.
• Shares recently traded at $9.27, while analysts maintain a “Moderate Buy” consensus with an average price target of $11.50; the company also declared a quarterly dividend of $0.023 per share.

Geopark Ltd (NYSE:GPRK - Get Free Report) Director James Franklin Park sold 120,000 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $9.65, for a total transaction of $1,158,000.00. Following the completion of the sale, the director owned 792,118 shares in the company, valued at $7,643,938.70. This represents a 13.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Geopark Trading Down 0.4%

Geopark stock traded down $0.04 during midday trading on Wednesday, hitting $9.27. 254,925 shares of the stock were exchanged, compared to its average volume of 760,984. The company has a fifty day simple moving average of $9.87 and a two-hundred day simple moving average of $9.36. Geopark Ltd has a 52 week low of $5.75 and a 52 week high of $11.87. The stock has a market capitalization of $479.35 million, a PE ratio of 6.31 and a beta of 0.39. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 1.21.

Geopark (NYSE:GPRK - Get Free Report) last issued its earnings results on Tuesday, August 4th. The oil and gas company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.12 by $0.10. Geopark had a net margin of 16.00% and a return on equity of 31.33%. The firm had revenue of $143.30 million during the quarter, compared to the consensus estimate of $185.50 million.

Geopark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.023 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.0%. Geopark's dividend payout ratio (DPR) is currently 6.12%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its position in Geopark by 86.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company's stock valued at $50,000 after buying an additional 3,134 shares during the last quarter. StoneX Group Inc. acquired a new stake in shares of Geopark in the fourth quarter valued at approximately $101,000. PharVision Advisers LLC acquired a new stake in shares of Geopark in the third quarter valued at approximately $117,000. Graham Capital Management L.P. bought a new stake in shares of Geopark in the fourth quarter worth $139,000. Finally, Osaic Holdings Inc. lifted its position in shares of Geopark by 2,588.2% in the fourth quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company's stock worth $142,000 after purchasing an additional 18,402 shares in the last quarter. 68.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on GPRK shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Geopark in a research report on Friday, July 17th. Wall Street Zen lowered shares of Geopark from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $11.50.

About Geopark

Geopark Ltd. NYSE: GPRK is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company's strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company's core operations are centered in Colombia's Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.

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