Talos Energy Inc. (NYSE:TALO - Get Free Report) insider Control Empresarial De Capital sold 2,141,590 shares of Talos Energy stock in a transaction dated Monday, October 19th. The shares were sold at an average price of $18.01, for a total value of $38,570,035.90. Following the sale, the insider owned 24,500,000 shares of the company's stock, valued at approximately $441,245,000. This represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Control Empresarial De Capital also recently made the following trade(s):
- On Friday, October 16th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The shares were sold at an average price of $17.19, for a total value of $46,413,000.00.
- On Thursday, October 15th, Control Empresarial De Capital sold 52,000 shares of Talos Energy stock. The stock was sold at an average price of $17.01, for a total value of $884,520.00.
- On Wednesday, October 14th, Control Empresarial De Capital sold 265,446 shares of Talos Energy stock. The stock was sold at an average price of $17.30, for a total value of $4,592,215.80.
- On Tuesday, October 13th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The shares were sold at an average price of $17.51, for a total transaction of $47,277,000.00.
- On Monday, October 12th, Control Empresarial De Capital sold 2,200,000 shares of Talos Energy stock. The shares were sold at an average price of $17.25, for a total transaction of $37,950,000.00.
- On Friday, October 9th, Control Empresarial De Capital sold 1,730,000 shares of Talos Energy stock. The shares were sold at an average price of $17.08, for a total transaction of $29,548,400.00.
- On Thursday, October 8th, Control Empresarial De Capital sold 2,310,000 shares of Talos Energy stock. The shares were sold at an average price of $17.03, for a total transaction of $39,339,300.00.
- On Tuesday, October 6th, Control Empresarial De Capital sold 480,000 shares of Talos Energy stock. The stock was sold at an average price of $16.96, for a total transaction of $8,140,800.00.
- On Tuesday, September 15th, Control Empresarial De Capital sold 1,381,000 shares of Talos Energy stock. The stock was sold at an average price of $18.52, for a total transaction of $25,576,120.00.
Talos Energy Stock Performance
Shares of TALO opened at $18.05 on Thursday. The company's fifty day moving average is $17.00 and its 200-day moving average is $15.51. Talos Energy Inc. has a 12 month low of $8.97 and a 12 month high of $18.73. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of -7.58 and a beta of 0.42. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.60.
Talos Energy (NYSE:TALO - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.57 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.21. Talos Energy had a negative net margin of 20.46% and a negative return on equity of 1.94%. The business had revenue of $664.81 million for the quarter, compared to the consensus estimate of $577.92 million. During the same quarter last year, the firm earned ($0.27) EPS. Talos Energy's revenue for the quarter was up 56.5% on a year-over-year basis. Equities analysts expect that Talos Energy Inc. will post 1.58 EPS for the current fiscal year.
Hedge Funds Weigh In On Talos Energy
A number of institutional investors have recently modified their holdings of TALO. Amundi raised its position in shares of Talos Energy by 1.1% in the second quarter. Amundi now owns 57,590 shares of the company's stock valued at $743,000 after purchasing an additional 613 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Talos Energy by 4.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 29,535 shares of the company's stock worth $381,000 after buying an additional 1,170 shares during the period. Bleakley Financial Group LLC boosted its holdings in shares of Talos Energy by 3.5% during the 1st quarter. Bleakley Financial Group LLC now owns 44,827 shares of the company's stock worth $706,000 after buying an additional 1,507 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Talos Energy by 57.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 8,343 shares of the company's stock worth $136,000 after buying an additional 3,053 shares during the period. Finally, Fortitude Family Office LLC grew its stake in Talos Energy by 8,502.0% in the 3rd quarter. Fortitude Family Office LLC now owns 4,387 shares of the company's stock valued at $72,000 after buying an additional 4,336 shares during the last quarter. Institutional investors own 89.35% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have commented on TALO shares. KeyCorp increased their target price on shares of Talos Energy from $21.00 to $23.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 15th. Zacks Research cut Talos Energy from a "strong-buy" rating to a "hold" rating in a research report on Monday. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $20.00 price target on shares of Talos Energy in a research report on Monday, September 7th. Weiss Ratings downgraded Talos Energy from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday, August 6th. Finally, Stephens reiterated an "overweight" rating and set a $20.00 price target on shares of Talos Energy in a research note on Wednesday, July 1st. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $19.43.
Check Out Our Latest Research Report on Talos Energy
About Talos Energy
(
Get Free Report)
Talos Energy Inc is an independent energy company focused on the exploration, development and production of oil and natural gas. The company's upstream operations are concentrated in the U.S. Gulf of Mexico, where it holds interests in offshore properties and produces crude oil, natural gas and natural gas liquids.
In addition to its traditional exploration and production activities, Talos has pursued carbon management opportunities through the development of carbon capture and storage projects along the U.S.
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