Kinetik (NYSE:KNTK) Major Shareholder Sells 2,000,000 Shares of Stock

October 16, 2026 by InsiderTrades.com

Key Points

ISQ Global Fund II sold 2 million Kinetik shares at an average price of $54.77, generating approximately $109.5 million. The sale reduced the major shareholder’s position by 100%, leaving it with just one share.
Kinetik recently reported strong operating results, with quarterly revenue up 36.3% year over year and EPS of $0.64 versus the $0.19 consensus estimate.
Analyst sentiment remains generally favorable, with a consensus “Moderate Buy” rating and a $55.67 price target, although concentrated shareholder selling could weigh on near-term investor sentiment.

Kinetik Holdings Inc. (NYSE:KNTK - Get Free Report) major shareholder Isq Global Fund Ii Gp Llc sold 2,000,000 shares of the stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $54.77, for a total transaction of $109,540,000.00. Following the transaction, the insider owned 1 shares in the company, valued at approximately $54.77. The trade was a 100.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

Isq Global Fund Ii Gp Llc also recently made the following trade(s):

On Monday, October 12th, Isq Global Fund Ii Gp Llc sold 38,377 shares of Kinetik stock. The stock was sold at an average price of $54.19, for a total transaction of $2,079,649.63.
On Friday, October 9th, Isq Global Fund Ii Gp Llc sold 58,439 shares of Kinetik stock. The shares were sold at an average price of $54.21, for a total transaction of $3,167,978.19.
On Thursday, October 8th, Isq Global Fund Ii Gp Llc sold 119,203 shares of Kinetik stock. The shares were sold at an average price of $54.29, for a total transaction of $6,471,530.87.
On Wednesday, October 7th, Isq Global Fund Ii Gp Llc sold 58,464 shares of Kinetik stock. The shares were sold at an average price of $53.79, for a total value of $3,144,778.56.
On Tuesday, October 6th, Isq Global Fund Ii Gp Llc sold 94,570 shares of Kinetik stock. The shares were sold at an average price of $54.00, for a total value of $5,106,780.00.
On Monday, October 5th, Isq Global Fund Ii Gp Llc sold 15,088 shares of Kinetik stock. The stock was sold at an average price of $53.53, for a total value of $807,660.64.
On Wednesday, September 23rd, Isq Global Fund Ii Gp Llc sold 24,194 shares of Kinetik stock. The stock was sold at an average price of $53.55, for a total value of $1,295,588.70.
On Tuesday, September 22nd, Isq Global Fund Ii Gp Llc sold 39,937 shares of Kinetik stock. The stock was sold at an average price of $53.72, for a total value of $2,145,415.64.
On Monday, September 21st, Isq Global Fund Ii Gp Llc sold 21,511 shares of Kinetik stock. The shares were sold at an average price of $53.59, for a total value of $1,152,774.49.
On Friday, September 18th, Isq Global Fund Ii Gp Llc sold 135,084 shares of Kinetik stock. The shares were sold at an average price of $54.25, for a total value of $7,328,307.00.

Kinetik Stock Performance

NYSE:KNTK opened at $53.63 on Friday. The stock has a fifty day moving average price of $53.47 and a 200-day moving average price of $50.08. The company has a market cap of $8.71 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.25 and a beta of 0.61. Kinetik Holdings Inc. has a fifty-two week low of $31.33 and a fifty-two week high of $56.92.

Kinetik (NYSE:KNTK - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.45. Kinetik had a negative return on equity of 38.96% and a net margin of 26.19%. The company had revenue of $581.44 million for the quarter, compared to analyst estimates of $421.48 million. During the same period in the prior year, the firm posted $0.33 EPS. Kinetik's quarterly revenue was up 36.3% on a year-over-year basis. Research analysts predict that Kinetik Holdings Inc. will post 1.40 EPS for the current fiscal year.

Kinetik News Roundup

Here are the key news stories impacting Kinetik this week:

Positive Sentiment: Analyst sentiment remains supportive. RBC raised its price target to $58 from $57 and maintained an “outperform” rating, while Goldman Sachs maintained its “buy” rating. Barclays also lifted its target to $56, although it retained an “equal weight” view. RBC Raises Price Target on Kinetik Holdings
Positive Sentiment: RBC Capital Markets expects Kinetik’s third-quarter earnings to exceed company guidance, supporting the outlook for continued operating momentum and potentially strengthening the case for additional analyst upgrades. Kinetik Q3 Earnings Expected to Top Guidance
Positive Sentiment: Kinetik declared its quarterly cash dividend, payable October 30, providing income support for shareholders and reinforcing the company’s shareholder-return appeal. Kinetik Announces Quarterly Cash Dividend
Neutral Sentiment: Kinetik’s previous quarterly results were strong, with earnings and revenue well above consensus and revenue up 36.3% year over year. However, shares are already close to the 52-week high, and the reported consensus price target near $54.33 suggests limited upside from recent trading levels.
Negative Sentiment: The concentrated ISQ selling is the clearest reason for near-term weakness. Large insider or sponsor-related disposals can weigh on sentiment and share-price momentum even when analyst ratings and operating fundamentals remain favorable. SEC Filing for ISQ Global Fund II Share Sale

Institutional Investors Weigh In On Kinetik

A number of large investors have recently modified their holdings of the business. Allworth Financial LP increased its stake in shares of Kinetik by 72.4% in the 2nd quarter. Allworth Financial LP now owns 569 shares of the company's stock valued at $28,000 after purchasing an additional 239 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Kinetik by 10.5% during the 2nd quarter. GAMMA Investing LLC now owns 2,882 shares of the company's stock worth $139,000 after buying an additional 273 shares in the last quarter. Essex Financial Services Inc. raised its holdings in shares of Kinetik by 2.8% during the 1st quarter. Essex Financial Services Inc. now owns 19,057 shares of the company's stock worth $923,000 after buying an additional 515 shares in the last quarter. iSAM Funds UK Ltd lifted its position in shares of Kinetik by 11.9% during the 2nd quarter. iSAM Funds UK Ltd now owns 6,400 shares of the company's stock worth $309,000 after buying an additional 680 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Kinetik by 28.3% during the 2nd quarter. IFP Advisors Inc now owns 3,101 shares of the company's stock worth $150,000 after buying an additional 684 shares during the last quarter. Institutional investors and hedge funds own 21.11% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a "hold" rating and set a $56.00 price objective on shares of Kinetik in a research report on Wednesday, September 9th. Wall Street Zen raised shares of Kinetik from a "strong sell" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings raised shares of Kinetik from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, August 11th. Tudor Pickering began coverage on shares of Kinetik in a research report on Monday, July 20th. They issued a "buy" rating and a $57.00 target price for the company. Finally, Scotiabank reaffirmed an "outperform" rating and set a $59.00 price target on shares of Kinetik in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Kinetik has an average rating of "Moderate Buy" and a consensus price target of $55.67.

View Our Latest Report on Kinetik

Kinetik Company Profile

(Get Free Report)

Kinetik Holdings Inc (NYSE: KNTK) is a midstream energy company that provides infrastructure and logistics services for natural gas, natural gas liquids (NGLs), crude oil and produced water. The company primarily serves producers operating in the Delaware Basin, a major oil and gas-producing region within the Permian Basin of West Texas and southeastern New Mexico.

Kinetik's operations include natural gas gathering, compression, processing and transportation, as well as NGL transportation and pipeline logistics.