Talos Energy (NYSE:TALO) Insider Control Empresarial De Capital Sells 52,000 Shares of Stock

Key Points

• Control Empresarial De Capital sold 52,000 Talos Energy shares at an average price of $17.01, generating $884,520 and reducing its stake by 0.18% to 29.34 million shares.
• The sale was part of a broader divestment totaling more than 13 million shares across transactions from October 6–16, with sales conducted at prices between approximately $16.96 and $17.51.
• Talos shares traded at $18.06, while analysts maintained a generally positive outlook: the stock has a “Moderate Buy” consensus rating and a $19.43 average price target. The company also reported quarterly EPS and revenue above expectations.

Talos Energy Inc. (NYSE:TALO - Get Free Report) insider Control Empresarial De Capital sold 52,000 shares of the business's stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $17.01, for a total transaction of $884,520.00. Following the completion of the sale, the insider directly owned 29,341,590 shares of the company's stock, valued at $499,100,445.90. The trade was a 0.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Control Empresarial De Capital also recently made the following trade(s):

• On Friday, October 16th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The shares were sold at an average price of $17.19, for a total value of $46,413,000.00.
• On Wednesday, October 14th, Control Empresarial De Capital sold 265,446 shares of Talos Energy stock. The shares were sold at an average price of $17.30, for a total value of $4,592,215.80.
• On Tuesday, October 13th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The stock was sold at an average price of $17.51, for a total transaction of $47,277,000.00.
• On Monday, October 12th, Control Empresarial De Capital sold 2,200,000 shares of Talos Energy stock. The stock was sold at an average price of $17.25, for a total transaction of $37,950,000.00.
• On Friday, October 9th, Control Empresarial De Capital sold 1,730,000 shares of Talos Energy stock. The stock was sold at an average price of $17.08, for a total value of $29,548,400.00.
• On Thursday, October 8th, Control Empresarial De Capital sold 2,310,000 shares of Talos Energy stock. The stock was sold at an average price of $17.03, for a total value of $39,339,300.00.
• On Tuesday, October 6th, Control Empresarial De Capital sold 480,000 shares of Talos Energy stock. The shares were sold at an average price of $16.96, for a total transaction of $8,140,800.00.
• On Tuesday, September 15th, Control Empresarial De Capital sold 1,381,000 shares of Talos Energy stock. The shares were sold at an average price of $18.52, for a total value of $25,576,120.00.

Talos Energy Stock Performance

Talos Energy stock traded up $0.29 during mid-day trading on Monday, hitting $18.06. 6,002,305 shares of the company's stock traded hands, compared to its average volume of 3,012,882. The company has a market cap of $3.01 billion, a PE ratio of -7.59 and a beta of 0.42. The firm has a 50 day moving average price of $16.90 and a 200 day moving average price of $15.47. Talos Energy Inc. has a one year low of $8.97 and a one year high of $18.73. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.60.

Talos Energy (NYSE:TALO - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.21. The firm had revenue of $664.81 million during the quarter, compared to analyst estimates of $577.92 million. Talos Energy had a negative net margin of 20.46% and a negative return on equity of 1.94%. Talos Energy's revenue was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.27) EPS. On average, equities analysts forecast that Talos Energy Inc. will post 1.73 EPS for the current year.

Wall Street Analyst Weigh In

TALO has been the subject of a number of research reports. Citigroup raised their target price on shares of Talos Energy from $18.00 to $21.00 and gave the stock a "buy" rating in a report on Thursday. The Goldman Sachs Group reiterated a "buy" rating and issued a $20.00 target price on shares of Talos Energy in a report on Monday, September 7th. Wall Street Zen upgraded Talos Energy from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 8th. Stephens reaffirmed an "overweight" rating and set a $20.00 price objective on shares of Talos Energy in a research report on Wednesday, July 1st. Finally, KeyCorp boosted their price target on Talos Energy from $21.00 to $23.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 15th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Talos Energy has a consensus rating of "Moderate Buy" and a consensus price target of $19.43.

Institutional Trading of Talos Energy

A number of hedge funds have recently modified their holdings of TALO. BlackRock Inc. bought a new position in Talos Energy in the second quarter worth $256,801,000. Canada Pension Plan Investment Board acquired a new position in Talos Energy in the second quarter valued at about $51,874,000. Webs Creek Capital Management LP bought a new stake in Talos Energy during the 2nd quarter worth approximately $27,039,375. Empowered Funds LLC bought a new stake in shares of Talos Energy during the second quarter worth $16,280,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Talos Energy in the 2nd quarter valued at about $12,875,000. Institutional investors own 89.35% of the company's stock.

About Talos Energy

Talos Energy Inc is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company focuses on offshore assets in the U.S. Gulf of Mexico, where it operates and holds interests in producing fields and prospective exploration acreage.

Talos uses seismic data, drilling and reservoir-management techniques to identify and develop hydrocarbon resources. Its operations are concentrated in the Gulf of Mexico region, with activities spanning exploration, field development, production and related infrastructure.

Founded in 2012, Talos became a publicly traded company in 2018 through its combination with Stone Energy Corporation.

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