Gulfport Energy Corp (NYSE:GPOR - Get Free Report) CAO Matthew Willrath sold 633 shares of Gulfport Energy stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $193.83, for a total value of $122,694.39. Following the sale, the chief accounting officer now owns 2,342 shares of the company's stock, valued at approximately $453,949.86. This trade represents a 21.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Gulfport Energy Stock Performance
Shares of GPOR traded up $2.23 during mid-day trading on Tuesday, hitting $198.12. The company's stock had a trading volume of 56,877 shares, compared to its average volume of 246,873. Gulfport Energy Corp has a 52-week low of $130.02 and a 52-week high of $201.18. The stock has a market capitalization of $3.52 billion, a PE ratio of -11.12 and a beta of 0.61.
Wall Street Analyst Weigh In
A number of equities analysts have commented on GPOR shares. Bank of America upped their target price on shares of Gulfport Energy from $217.00 to $218.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Wall Street Zen cut Gulfport Energy from a "buy" rating to a "hold" rating in a research note on Tuesday. Finally, KeyCorp restated an "overweight" rating and set a $215.00 price objective (up from $205.00) on shares of Gulfport Energy in a report on Thursday, May 22nd.
View Our Latest Stock Analysis on GPOR
Institutional Trading of Gulfport Energy
An institutional investor recently bought a new position in Gulfport Energy stock. Strs Ohio purchased a new position in Gulfport Energy Corp (NYSE:GPOR - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,300 shares of the company's stock, valued at approximately $239,000.
About Gulfport Energy
(
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Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.
Further Reading
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