Geopark (NYSE:GPRK) Director James Franklin Park Sells 100,000 Shares of Stock

Key Points

• Director James Franklin Park sold 100,000 Geopark shares at an average price of $11.92, generating $1.192 million and reducing his holdings by 12.62% to 692,118 shares. He also sold 120,000 shares in August.
• Geopark shares rose 0.6% to $11.98, while the company reported quarterly EPS of $0.22, beating analyst expectations of $0.12. Revenue of $143.3 million fell short of the $185.5 million consensus estimate.
• The company paid a quarterly dividend of $0.023 per share, equivalent to a 0.8% annualized yield. Analysts maintain an overall “Hold” rating with an average price target of $12.00, while institutional investors own 68.21% of the stock.

Geopark Ltd (NYSE:GPRK - Get Free Report) Director James Park sold 100,000 shares of the firm's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $11.92, for a total value of $1,192,000.00. Following the transaction, the director owned 692,118 shares in the company, valued at approximately $8,250,046.56. This trade represents a 12.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

James Franklin Park also recently made the following trade(s):

• On Monday, August 10th, James Park sold 120,000 shares of Geopark stock. The shares were sold at an average price of $9.65, for a total value of $1,158,000.00.

Geopark Trading Up 0.6%

Shares of GPRK stock traded up $0.07 on Thursday, reaching $11.98. The company had a trading volume of 1,772,000 shares, compared to its average volume of 792,575. The stock has a market cap of $619.38 million, a PE ratio of 8.15 and a beta of 0.41. The company has a 50-day moving average of $9.97 and a 200-day moving average of $9.67. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 1.21. Geopark Ltd has a 12 month low of $5.75 and a 12 month high of $13.13.

Geopark (NYSE:GPRK - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $185.50 million.

Geopark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th were issued a $0.023 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.09 annualized dividend and a dividend yield of 0.8%. Geopark's payout ratio is 6.12%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GPRK. Renaissance Technologies LLC boosted its holdings in shares of Geopark by 21.2% in the first quarter. Renaissance Technologies LLC now owns 3,309,031 shares of the oil and gas company's stock valued at $31,436,000 after buying an additional 578,178 shares during the period. VR Advisory Services Ltd boosted its stake in Geopark by 370.9% in the 4th quarter. VR Advisory Services Ltd now owns 1,105,201 shares of the oil and gas company's stock worth $8,190,000 after purchasing an additional 870,516 shares during the period. UBS Group AG boosted its stake in Geopark by 0.8% in the 4th quarter. UBS Group AG now owns 988,754 shares of the oil and gas company's stock worth $7,327,000 after purchasing an additional 7,623 shares during the period. Vennlight Capital Management LP bought a new position in Geopark during the 4th quarter worth about $5,854,000. Finally, Millennium Management LLC increased its holdings in Geopark by 41.6% during the 3rd quarter. Millennium Management LLC now owns 619,822 shares of the oil and gas company's stock worth $3,948,000 after purchasing an additional 182,039 shares in the last quarter. Institutional investors own 68.21% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on GPRK. Jefferies Financial Group reaffirmed a "buy" rating and set a $12.00 price objective on shares of Geopark in a research note on Wednesday. Weiss Ratings reissued a "hold (c)" rating on shares of Geopark in a research note on Friday, July 17th. Finally, Wall Street Zen downgraded Geopark from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $12.00.

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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