Gulfport Energy Corp (NYSE:GPOR) CAO Matthew Willrath Sells 633 Shares

Gulfport Energy Corp (NYSE:GPOR - Get Free Report) CAO Matthew Willrath sold 633 shares of Gulfport Energy stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $193.83, for a total value of $122,694.39. Following the transaction, the chief accounting officer now directly owns 2,342 shares in the company, valued at approximately $453,949.86. The trade was a 21.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Gulfport Energy Stock Down 1.3%

Shares of NYSE GPOR traded down $2.54 during midday trading on Friday, reaching $191.67. The company's stock had a trading volume of 187,358 shares, compared to its average volume of 248,848. Gulfport Energy Corp has a 12-month low of $130.02 and a 12-month high of $201.18. The company has a market capitalization of $3.41 billion, a PE ratio of -10.76 and a beta of 0.61.

Hedge Funds Weigh In On Gulfport Energy

An institutional investor recently bought a new position in Gulfport Energy stock. Strs Ohio acquired a new stake in Gulfport Energy Corp (NYSE:GPOR - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,300 shares of the company's stock, valued at approximately $239,000.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on GPOR shares. KeyCorp restated an "overweight" rating and issued a $215.00 target price (up previously from $205.00) on shares of Gulfport Energy in a research note on Thursday, May 22nd. Bank of America boosted their target price on Gulfport Energy from $217.00 to $218.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Finally, Wall Street Zen upgraded Gulfport Energy from a "hold" rating to a "buy" rating in a research note on Monday, May 26th.

Gulfport Energy Company Profile

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.