Control Empresarial De Capital Acquires 300,000 Shares of Talos Energy Inc. (NYSE:TALO) Stock

Talos Energy Inc. (NYSE:TALO) insider Control Empresarial De Capital purchased 300,000 shares of the firm’s stock in a transaction on Tuesday, June 18th. The stock was bought at an average price of $10.80 per share, with a total value of $3,240,000.00. Following the completion of the purchase, the insider now owns 37,972,904 shares of the company’s stock, valued at $410,107,363.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, May 29th, Control Empresarial De Capital bought 200,000 shares of Talos Energy stock. The stock was purchased at an average cost of $11.48 per share, with a total value of $2,296,000.00.
• On Thursday, May 23rd, Control Empresarial De Capital purchased 150,000 shares of Talos Energy stock. The stock was purchased at an average price of $11.51 per share, with a total value of $1,726,500.00.

Talos Energy Trading Up 0.9 %

Shares of Talos Energy stock opened at $11.32 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.56. Talos Energy Inc. has a 12-month low of $10.10 and a 12-month high of $17.59. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 160.29 and a beta of 1.92. The firm’s 50-day moving average price is $12.12 and its two-hundred day moving average price is $12.93.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Monday, May 6th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.13. Talos Energy had a negative net margin of 0.96% and a negative return on equity of 0.16%. The business had revenue of $429.93 million during the quarter, compared to the consensus estimate of $404.00 million. On average, analysts forecast that Talos Energy Inc. will post -0.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TALO shares. KeyCorp raised their target price on shares of Talos Energy from $20.00 to $21.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. TheStreet cut Talos Energy from a “b-” rating to a “c+” rating in a research note on Tuesday, March 19th. Stifel Nicolaus lifted their price objective on shares of Talos Energy from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Stephens dropped their price objective on shares of Talos Energy from $26.00 to $24.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 7th. Finally, Citigroup initiated coverage on shares of Talos Energy in a report on Friday, March 22nd. They set a “buy” rating and a $16.50 target price for the company. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Talos Energy currently has an average rating of “Buy” and a consensus price target of $20.94.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Deutsche Bank AG raised its position in shares of Talos Energy by 13.2% during the third quarter. Deutsche Bank AG now owns 55,585 shares of the company’s stock worth $914,000 after acquiring an additional 6,479 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Talos Energy by 13.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 7,755 shares of the company’s stock valued at $127,000 after purchasing an additional 903 shares during the last quarter. Trexquant Investment LP acquired a new stake in shares of Talos Energy during the third quarter worth $1,850,000. Teza Capital Management LLC bought a new position in Talos Energy during the third quarter worth $274,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Talos Energy in the third quarter valued at $706,000. Institutional investors own 89.35% of the company’s stock.

Talos Energy Company Profile

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.