Traders Buy High Volume of Vista Energy Put Options (NYSE:VIST)

Key Points

• Vista Energy experienced a significant increase in put options trading, with 4,501 options acquired, marking a 268% rise compared to average volume.
• Analysts have downgraded Vista Energy's stock rating, with Zacks cutting it to a "strong sell" and JPMorgan lowering its price target to $50.00.
• Institutional investors hold a substantial stake in Vista Energy, owning 63.81% of the company's stock, with several hedge funds increasing their positions recently.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) saw unusually large options trading activity on Monday. Stock investors acquired 4,501 put options on the stock. This is an increase of 268% compared to the typical volume of 1,224 put options.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of Vista Energy in a research note on Tuesday, October 14th. Zacks Research cut shares of Vista Energy from a "hold" rating to a "strong sell" rating in a research note on Monday, October 13th. Wall Street Zen cut shares of Vista Energy from a "hold" rating to a "sell" rating in a research note on Saturday, October 11th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Vista Energy from $57.00 to $50.00 and set an "overweight" rating for the company in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $59.60.

Vista Energy Stock Performance

Vista Energy stock traded up $0.22 during mid-day trading on Monday, hitting $35.64. 235,307 shares of the company's stock traded hands, compared to its average volume of 1,064,393. The firm has a 50 day simple moving average of $37.60 and a two-hundred day simple moving average of $43.46. Vista Energy has a fifty-two week low of $31.63 and a fifty-two week high of $61.67. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 6.42 and a beta of 0.97. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41.

Institutional Investors Weigh In On Vista Energy

Hedge funds have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. lifted its holdings in Vista Energy by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after purchasing an additional 632 shares during the last quarter. Ninety One UK Ltd lifted its holdings in Vista Energy by 9.1% during the 1st quarter. Ninety One UK Ltd now owns 768,862 shares of the company's stock valued at $35,798,000 after purchasing an additional 63,834 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in shares of Vista Energy during the first quarter worth $445,000. Banco BTG Pactual S.A. lifted its holdings in shares of Vista Energy by 2,794.8% during the first quarter. Banco BTG Pactual S.A. now owns 108,930 shares of the company's stock worth $5,072,000 after buying an additional 105,167 shares in the last quarter. Finally, Ping Capital Management Inc. acquired a new stake in shares of Vista Energy during the first quarter worth $1,401,000. Institutional investors and hedge funds own 63.81% of the company's stock.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.

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