Talos Energy Inc. (NYSE:TALO) Insider Control Empresarial De Capital Acquires 100,000 Shares

Talos Energy Inc. (NYSE:TALO) insider Control Empresarial De Capital acquired 100,000 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was acquired at an average price of $10.31 per share, for a total transaction of $1,031,000.00. Following the purchase, the insider now directly owns 43,545,604 shares of the company’s stock, valued at $448,955,177.24. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Control Empresarial De Capital also recently made the following trade(s):

• On Wednesday, September 25th, Control Empresarial De Capital acquired 250,000 shares of Talos Energy stock. The stock was acquired at an average price of $10.52 per share, for a total transaction of $2,630,000.00.
• On Thursday, September 5th, Control Empresarial De Capital purchased 323,000 shares of Talos Energy stock. The shares were purchased at an average price of $10.84 per share, for a total transaction of $3,501,320.00.
• On Tuesday, September 3rd, Control Empresarial De Capital bought 547,000 shares of Talos Energy stock. The stock was bought at an average price of $10.92 per share, for a total transaction of $5,973,240.00.
• On Monday, August 5th, Control Empresarial De Capital bought 343,000 shares of Talos Energy stock. The shares were acquired at an average cost of $9.99 per share, for a total transaction of $3,426,570.00.
• On Thursday, August 1st, Control Empresarial De Capital bought 306,000 shares of Talos Energy stock. The shares were acquired at an average cost of $11.50 per share, for a total transaction of $3,519,000.00.
• On Tuesday, July 30th, Control Empresarial De Capital purchased 250,000 shares of Talos Energy stock. The shares were bought at an average price of $11.40 per share, for a total transaction of $2,850,000.00.

Talos Energy Trading Up 0.8 %

NYSE:TALO opened at $10.44 on Wednesday. The stock’s 50 day moving average price is $11.28 and its 200 day moving average price is $12.03. The company has a market capitalization of $1.88 billion, a PE ratio of 149.07 and a beta of 1.94. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.53. Talos Energy Inc. has a 52-week low of $9.81 and a 52-week high of $16.99.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.16. Talos Energy had a negative return on equity of 0.21% and a negative net margin of 0.93%. The company had revenue of $549.17 million during the quarter, compared to analysts’ expectations of $516.61 million. During the same period last year, the firm earned $0.06 EPS. The firm’s revenue for the quarter was up 49.6% on a year-over-year basis. On average, research analysts anticipate that Talos Energy Inc. will post -0.14 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on TALO. Benchmark restated a “buy” rating and issued a $20.00 target price on shares of Talos Energy in a research report on Friday, September 27th. The Goldman Sachs Group began coverage on Talos Energy in a research note on Monday, July 22nd. They set a “buy” rating and a $14.00 target price on the stock. Stephens restated an “overweight” rating and set a $24.00 price target on shares of Talos Energy in a report on Wednesday, July 10th. Finally, Mizuho initiated coverage on Talos Energy in a report on Thursday, September 19th. They set an “outperform” rating and a $16.00 price target on the stock. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, Talos Energy has a consensus rating of “Buy” and an average target price of $19.83.

Institutional Trading of Talos Energy

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Talos Energy by 23.7% in the 1st quarter. Vanguard Group Inc. now owns 9,793,618 shares of the company’s stock valued at $136,425,000 after buying an additional 1,873,537 shares during the period. Dimensional Fund Advisors LP increased its position in Talos Energy by 2.8% during the second quarter. Dimensional Fund Advisors LP now owns 6,546,942 shares of the company’s stock worth $79,545,000 after buying an additional 179,181 shares in the last quarter. Invesco Senior Secured Management Inc. ADV purchased a new position in Talos Energy during the first quarter worth $77,977,000. American Century Companies Inc. increased its position in Talos Energy by 26.2% during the second quarter. American Century Companies Inc. now owns 2,982,351 shares of the company’s stock worth $36,236,000 after buying an additional 619,169 shares in the last quarter. Finally, HITE Hedge Asset Management LLC grew its position in shares of Talos Energy by 78.0% in the second quarter. HITE Hedge Asset Management LLC now owns 2,546,425 shares of the company’s stock valued at $30,939,000 after purchasing an additional 1,116,241 shares during the period. 89.35% of the stock is owned by institutional investors and hedge funds.

About Talos Energy

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.