Key Points
- Vistra CAO Margaret Montemayor sold 4,600 shares on June 2 at an average price of $160, totaling $736,000. After the sale, she still held 9,760 shares, reducing her ownership by about 32%.
- Montemayor also sold 5,000 shares on May 27 for about $824,800, making this the second recent insider sale disclosed in the article.
- Vistra reported strong quarterly results, with EPS of $2.87 versus expectations of $1.32, and it raised its quarterly dividend to $0.229 per share. Analysts remain broadly positive, with a consensus rating of Buy and an average price target of $233.33.
Vistra Corp. (NYSE:VST - Get Free Report) CAO Margaret Montemayor sold 4,600 shares of the company's stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total value of $736,000.00. Following the completion of the transaction, the chief accounting officer directly owned 9,760 shares in the company, valued at $1,561,600. This trade represents a 32.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Margaret Montemayor also recently made the following trade(s):
- On Wednesday, May 27th, Margaret Montemayor sold 5,000 shares of Vistra stock. The shares were sold at an average price of $164.96, for a total value of $824,800.00.
Vistra Price Performance
Shares of VST opened at $153.66 on Friday. The firm has a market cap of $51.81 billion, a PE ratio of 25.74 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The firm has a fifty day simple moving average of $154.26 and a two-hundred day simple moving average of $161.31. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82.
Vistra (NYSE:VST - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The business had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. On average, equities analysts anticipate that Vistra Corp. will post 9.3 EPS for the current year.
Vistra Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be paid a $0.229 dividend. This is a boost from Vistra's previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. Vistra's dividend payout ratio (DPR) is currently 15.24%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on VST shares. Jefferies Financial Group reissued a "buy" rating and set a $190.00 price objective on shares of Vistra in a research report on Thursday, May 21st. BMO Capital Markets restated an "outperform" rating and issued a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. Wells Fargo & Company reduced their price target on Vistra from $236.00 to $234.00 and set an "overweight" rating for the company in a research report on Friday, February 27th. Morgan Stanley restated an "overweight" rating and issued a $212.00 price target on shares of Vistra in a research report on Thursday, May 21st. Finally, Raymond James Financial set a $208.00 price target on Vistra in a research report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $233.33.
Get Our Latest Analysis on VST
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Vistra during the 4th quarter valued at $25,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Vistra during the 3rd quarter valued at $28,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Vistra during the 4th quarter valued at $28,000. Kemnay Advisory Services Inc. purchased a new position in shares of Vistra during the 4th quarter valued at $30,000. Finally, Strive Financial Group LLC bought a new stake in Vistra in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 90.88% of the company's stock.
Vistra Company Profile
(
Get Free Report)
Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company's operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.
Vistra's core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
