Talos Energy Inc. (NYSE:TALO – Get Free Report) insider Control Empresarial De Capital sold 308,586 shares of Talos Energy stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $18.50, for a total transaction of $5,708,841.00. Following the completion of the sale, the insider directly owned 21,691,414 shares in the company, valued at approximately $401,291,159. The trade was a 1.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Control Empresarial De Capital also recently made the following trade(s):
- On Wednesday, October 28th, Control Empresarial De Capital sold 1,200,000 shares of Talos Energy stock. The stock was sold at an average price of $18.33, for a total transaction of $21,996,000.00.
- On Friday, October 23rd, Control Empresarial De Capital sold 2,500,000 shares of Talos Energy stock. The stock was sold at an average price of $18.33, for a total transaction of $45,825,000.00.
- On Monday, October 19th, Control Empresarial De Capital sold 2,141,590 shares of Talos Energy stock. The shares were sold at an average price of $18.01, for a total transaction of $38,570,035.90.
- 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 transaction of $46,413,000.00.
- On Thursday, October 15th, Control Empresarial De Capital sold 52,000 shares of Talos Energy stock. The shares were 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 stock was sold at an average price of $17.51, for a total value of $47,277,000.00.
- On Monday, October 12th, Control Empresarial De Capital sold 2,200,000 shares of Talos Energy stock. The stock was sold at an average price of $17.25, for a total value of $37,950,000.00.
- On Friday, October 9th, Control Empresarial De Capital sold 1,730,000 shares of Talos Energy stock. The stock was sold at an average price of $17.08, for a total value 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 value of $39,339,300.00.
Talos Energy Stock Up 2.6%
TALO opened at $18.27 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.61 and a quick ratio of 1.61. Talos Energy Inc. has a 12 month low of $9.35 and a 12 month high of $18.76. The stock has a market capitalization of $3.05 billion, a P/E ratio of -7.68 and a beta of 0.42. The business has a 50 day simple moving average of $17.23 and a 200-day simple moving average of $14.96.
Talos Energy (NYSE:TALO – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.21. Talos Energy had a negative return on equity of 1.94% and a negative net margin of 20.46%. The firm had revenue of $664.81 million for the quarter, compared to analyst estimates of $577.92 million. During the same quarter in the prior year, the company posted ($0.27) earnings per share. Talos Energy’s quarterly revenue was up 56.5% on a year-over-year basis. On average, equities analysts anticipate that Talos Energy Inc. will post 1.58 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
TALO has been the topic of several research analyst reports. KeyCorp boosted 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. The Goldman Sachs Group reiterated a “buy” rating and issued a $22.00 price target on shares of Talos Energy in a report on Tuesday. Citigroup increased their price target on shares of Talos Energy from $18.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, October 15th. Wall Street Zen upgraded shares of Talos Energy from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Finally, Zacks Research downgraded shares of Talos Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $19.71.
View Our Latest Stock Report on TALO
Institutional Investors Weigh In On Talos Energy
Institutional investors and hedge funds have recently modified their holdings of the company. Vise Technologies Inc. increased its stake in Talos Energy by 30.4% in the 3rd quarter. Vise Technologies Inc. now owns 21,717 shares of the company’s stock valued at $355,000 after purchasing an additional 5,058 shares in the last quarter. State of Wyoming raised its holdings in Talos Energy by 60.3% during the third quarter. State of Wyoming now owns 28,220 shares of the company’s stock worth $461,000 after purchasing an additional 10,618 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in Talos Energy by 274.9% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 11,642 shares of the company’s stock worth $190,000 after purchasing an additional 8,537 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in Talos Energy during the third quarter worth $383,000. Finally, Nisa Investment Advisors LLC boosted its position in Talos Energy by 57.7% during the third quarter. Nisa Investment Advisors LLC now owns 8,343 shares of the company’s stock worth $136,000 after purchasing an additional 3,053 shares in the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.
About Talos Energy
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.
Featured Articles
- Five stocks we like better than Talos Energy
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
