Talos Energy Inc. (NYSE:TALO) Director Riverstone Energy Partners V, Sells 8,444 Shares

Talos Energy Inc. (NYSE:TALOGet Rating) Director Riverstone Energy Partners V, sold 8,444 shares of the business’s stock in a transaction that occurred on Friday, April 22nd. The stock was sold at an average price of $19.08, for a total value of $161,111.52. Following the transaction, the director now owns 15,499,180 shares in the company, valued at approximately $295,724,354.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Riverstone Energy Partners V, also recently made the following trade(s):

  • On Wednesday, April 20th, Riverstone Energy Partners V, sold 128,892 shares of Talos Energy stock. The stock was sold at an average price of $19.99, for a total value of $2,576,551.08.
  • On Monday, April 18th, Riverstone Energy Partners V, sold 128,039 shares of Talos Energy stock. The shares were sold at an average price of $20.11, for a total value of $2,574,864.29.
  • On Thursday, April 14th, Riverstone Energy Partners V, sold 237,001 shares of Talos Energy stock. The stock was sold at an average price of $19.94, for a total value of $4,725,799.94.
  • On Tuesday, April 12th, Riverstone Energy Partners V, sold 62,843 shares of Talos Energy stock. The shares were sold at an average price of $19.18, for a total value of $1,205,328.74.
  • On Tuesday, March 8th, Riverstone Energy Partners V, sold 4,000,000 shares of Talos Energy stock. The shares were sold at an average price of $17.41, for a total value of $69,640,000.00.

NYSE:TALO traded down $0.11 during trading hours on Tuesday, hitting $17.86. 863,657 shares of the company were exchanged, compared to its average volume of 1,452,170. The company has a market cap of $1.47 billion, a PE ratio of -8.26 and a beta of 2.59. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.26. Talos Energy Inc. has a one year low of $8.57 and a one year high of $20.60. The business’s fifty day moving average is $16.40.

A number of equities research analysts have issued reports on TALO shares. Roth Capital lifted their target price on shares of Talos Energy from $18.00 to $23.00 in a research note on Friday. KeyCorp upped their target price on shares of Talos Energy from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Tuesday, April 19th. TheStreet upgraded shares of Talos Energy from a “d” rating to a “c” rating in a research report on Friday, February 25th. Zacks Investment Research upgraded shares of Talos Energy from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective on the stock in a report on Wednesday, April 13th. Finally, BMO Capital Markets downgraded shares of Talos Energy from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $14.00 to $12.50 in a research report on Monday, January 10th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $20.28.

Institutional investors have recently modified their holdings of the business. Strs Ohio acquired a new stake in Talos Energy during the 1st quarter worth about $45,000. Point72 Hong Kong Ltd grew its stake in shares of Talos Energy by 159.5% in the 3rd quarter. Point72 Hong Kong Ltd now owns 4,687 shares of the company’s stock valued at $65,000 after buying an additional 2,881 shares during the period. Mutual of America Capital Management LLC grew its stake in shares of Talos Energy by 20.5% in the 3rd quarter. Mutual of America Capital Management LLC now owns 5,459 shares of the company’s stock valued at $75,000 after buying an additional 929 shares during the period. Royal Bank of Canada grew its stake in shares of Talos Energy by 43.4% in the 3rd quarter. Royal Bank of Canada now owns 5,885 shares of the company’s stock valued at $82,000 after buying an additional 1,780 shares during the period. Finally, Meeder Asset Management Inc. grew its stake in shares of Talos Energy by 2,305.6% in the 3rd quarter. Meeder Asset Management Inc. now owns 6,038 shares of the company’s stock valued at $85,000 after buying an additional 5,787 shares during the period. Hedge funds and other institutional investors own 94.99% of the company’s stock.

About Talos Energy (Get Rating)

Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production of oil and natural gas properties in the United States Gulf of Mexico and offshore Mexico. As of December 31, 2021, the company had proved reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas, and 14,435 thousand barrels of crude oil.

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Insider Buying and Selling by Quarter for Talos Energy (NYSE:TALO)

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