Sable Offshore Corp. $SOC Shares Bought by Kore Advisors LP

Posted by Francis Steltz on Jun 14th, 2026

Kore Advisors LP lifted its holdings in shares of Sable Offshore Corp. (NYSE:SOC – Free Report) by 367.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 151,045 shares of the company’s stock after buying an additional 118,709 shares during the period. Sable Offshore comprises about 1.0% of Kore Advisors LP’s portfolio, making the stock its 8th biggest holding. Kore Advisors LP owned about 0.10% of Sable Offshore worth $1,362,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SOC. Whittier Trust Co. of Nevada Inc. bought a new stake in Sable Offshore during the 4th quarter worth $37,000. NewEdge Advisors LLC grew its position in Sable Offshore by 36.2% during the 1st quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock worth $62,000 after acquiring an additional 650 shares during the last quarter. Williams Jones Wealth Management LLC. acquired a new position in shares of Sable Offshore in the fourth quarter valued at approximately $90,000. Kestra Advisory Services LLC bought a new position in Sable Offshore in the 4th quarter valued at approximately $97,000. Finally, Rathbones Group PLC bought a new position in Sable Offshore in the 4th quarter valued at approximately $105,000. Institutional investors own 26.19% of the company’s stock.

Sable Offshore Trading Down 7.0%

NYSE SOC opened at $10.90 on Friday. The business’s 50-day moving average price is $13.68 and its two-hundred day moving average price is $11.34. Sable Offshore Corp. has a 12 month low of $3.72 and a 12 month high of $32.18. The firm has a market capitalization of $1.68 billion, a PE ratio of -2.55 and a beta of -0.22.

Sable Offshore (NYSE:SOC – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($1.37) EPS for the quarter, missing analysts’ consensus estimates of ($0.52) by ($0.85). The business had revenue of $1.27 million during the quarter, compared to analysts’ expectations of $16.10 million. As a group, analysts forecast that Sable Offshore Corp. will post 0.04 earnings per share for the current fiscal year.

Insider Activity at Sable Offshore

In related news, COO James Caldwell Flores sold 39,311 shares of the company’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $13.56, for a total transaction of $533,057.16. Following the sale, the chief operating officer owned 562,740 shares in the company, valued at $7,630,754.40. This represents a 6.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Gregory D. Patrinely sold 39,311 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $13.56, for a total value of $533,057.16. Following the sale, the executive vice president owned 562,740 shares in the company, valued at approximately $7,630,754.40. The trade was a 6.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,077,406 shares of company stock worth $17,202,083 in the last 90 days. Corporate insiders own 36.36% of the company’s stock.

Wall Street Analysts Forecast Growth

SOC has been the topic of a number of research reports. Wall Street Zen lowered shares of Sable Offshore from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Jefferies Financial Group reduced their target price on shares of Sable Offshore from $30.00 to $24.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Roth Mkm set a $22.00 target price on shares of Sable Offshore in a report on Monday, June 1st. Benchmark reissued a “hold” rating on shares of Sable Offshore in a report on Tuesday, June 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Sable Offshore in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Sable Offshore has a consensus rating of “Hold” and a consensus price target of $22.00.

View Our Latest Stock Report on SOC

Sable Offshore Company Profile

(Free Report)

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.