Vital Energy, Inc. (NYSE:VTLE) COO Kathryn Anne Hill Sells 5,673 Shares

Vital Energy, Inc. (NYSE:VTLE) COO Kathryn Anne Hill sold 5,673 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 $117,601.29. Following the sale, the chief operating officer now owns 46,413 shares in the company, valued at $962,141.49. The trade was a 10.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Vital Energy Trading Up 6.1 %

NYSE:VTLE opened at $21.19 on Friday. Vital Energy, Inc. has a 1-year low of $19.85 and a 1-year high of $58.30. The business’s 50-day moving average price is $30.70 and its two-hundred day moving average price is $30.12. The company has a current ratio of 0.78, a quick ratio of 0.67 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $807.59 million, a price-to-earnings ratio of -4.46 and a beta of 3.07.

Vital Energy (NYSE:VTLE) last released its earnings results on Wednesday, February 19th. The company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.27. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. The firm had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. On average, equities analysts expect that Vital Energy, Inc. will post 8.49 earnings per share for the current year.

Institutional Investors Weigh In On Vital Energy

Several large investors have recently modified their holdings of the business. Versor Investments LP increased its holdings in shares of Vital Energy by 2.8% in the third quarter. Versor Investments LP now owns 14,900 shares of the company’s stock worth $401,000 after acquiring an additional 400 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Vital Energy by 3.6% in the third quarter. The Manufacturers Life Insurance Company now owns 14,490 shares of the company’s stock worth $390,000 after acquiring an additional 503 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Vital Energy by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,278 shares of the company’s stock worth $503,000 after acquiring an additional 535 shares in the last quarter. US Bancorp DE increased its holdings in shares of Vital Energy by 9.1% in the fourth quarter. US Bancorp DE now owns 6,971 shares of the company’s stock worth $216,000 after acquiring an additional 581 shares in the last quarter. Finally, ClearAlpha Technologies LP increased its holdings in shares of Vital Energy by 5.1% in the third quarter. ClearAlpha Technologies LP now owns 13,250 shares of the company’s stock worth $356,000 after acquiring an additional 644 shares in the last quarter. 86.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wolfe Research upgraded Vital Energy from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Truist Financial decreased their target price on Vital Energy from $49.00 to $47.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Piper Sandler decreased their target price on Vital Energy from $32.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Wells Fargo & Company upped their price target on Vital Energy from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 15th. Finally, Mizuho upped their price target on Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, January 14th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Vital Energy presently has a consensus rating of “Hold” and an average price target of $40.46.

Vital Energy Company 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.