Vital Energy, Inc. (NYSE:VTLE) Shares Sold by Numerai GP LLC

Numerai GP LLC lessened its holdings in Vital Energy, Inc. (NYSE:VTLE - Free Report) by 89.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,191 shares of the company's stock after selling 71,192 shares during the quarter. Numerai GP LLC's holdings in Vital Energy were worth $253,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Barclays PLC boosted its holdings in shares of Vital Energy by 124.0% in the third quarter. Barclays PLC now owns 338,675 shares of the company's stock valued at $9,110,000 after acquiring an additional 187,503 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Vital Energy by 247.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company's stock valued at $48,000 after purchasing an additional 1,106 shares during the period. ZWJ Investment Counsel Inc. purchased a new position in Vital Energy in the 4th quarter valued at approximately $214,000. Nisa Investment Advisors LLC boosted its position in shares of Vital Energy by 276.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company's stock worth $34,000 after buying an additional 803 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Vital Energy in the 4th quarter valued at approximately $701,000. Hedge funds and other institutional investors own 86.54% of the company's stock.

Insider Buying and Selling at Vital Energy

In other news, CFO Bryan Lemmerman sold 10,000 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total value of $207,300.00. Following the completion of the transaction, the chief financial officer now owns 97,556 shares of the company's stock, valued at approximately $2,022,335.88. This represents a 9.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO M. Jason Pigott acquired 5,500 shares of the business's stock in a transaction that occurred on Wednesday, May 14th. The shares were bought at an average price of $18.09 per share, for a total transaction of $99,495.00. Following the completion of the purchase, the chief executive officer now owns 251,533 shares of the company's stock, valued at approximately $4,550,231.97. This represents a 2.24% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 21,647 shares of company stock valued at $448,742 in the last ninety days. Company insiders own 1.50% of the company's stock.

Vital Energy Stock Performance

Shares of Vital Energy stock traded down $0.47 on Wednesday, reaching $14.96. 271,487 shares of the company were exchanged, compared to its average volume of 1,082,594. Vital Energy, Inc. has a 1-year low of $12.30 and a 1-year high of $51.71. The firm has a market cap of $579.97 million, a price-to-earnings ratio of -3.15 and a beta of 1.53. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.67 and a current ratio of 0.78. The company's 50-day moving average is $16.97 and its two-hundred day moving average is $25.99.

Vital Energy (NYSE:VTLE - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.26. The firm had revenue of $512.18 million for the quarter, compared to analyst estimates of $528.76 million. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company earned $1.84 earnings per share. As a group, research analysts expect that Vital Energy, Inc. will post 8.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on VTLE. Piper Sandler decreased their price objective on Vital Energy from $23.00 to $16.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Truist Financial reduced their price target on shares of Vital Energy from $49.00 to $47.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. JPMorgan Chase & Co. decreased their target price on Vital Energy from $34.00 to $23.00 and set an "underweight" rating for the company in a research report on Thursday, March 13th. Mizuho lowered their price target on shares of Vital Energy from $29.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Finally, Wells Fargo & Company reduced their target price on Vital Energy from $36.00 to $24.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 25th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Vital Energy currently has a consensus rating of "Hold" and a consensus price target of $30.36.

Vital Energy Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.