Control Empresarial De Capital Purchases 100,000 Shares of Talos Energy Inc. (NYSE:TALO) Stock

Talos Energy Inc. (NYSE:TALO) insider Control Empresarial De Capital purchased 100,000 shares of the firm’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average cost of $10.31 per share, with a total value of $1,031,000.00. Following the completion of the purchase, the insider now directly owns 43,545,604 shares in the company, 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 bought 250,000 shares of Talos Energy stock. The shares were acquired at an average price of $10.52 per share, with a total value of $2,630,000.00.
• On Thursday, September 5th, Control Empresarial De Capital purchased 323,000 shares of Talos Energy stock. The stock was acquired 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 acquired 547,000 shares of Talos Energy stock. The shares were acquired at an average price of $10.92 per share, with a total value of $5,973,240.00.
• On Monday, August 5th, Control Empresarial De Capital bought 343,000 shares of Talos Energy stock. The stock was bought 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 purchased 306,000 shares of Talos Energy stock. The shares were bought at an average cost of $11.50 per share, with a total value 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 cost of $11.40 per share, for a total transaction of $2,850,000.00.

Talos Energy Stock Performance

Shares of TALO stock opened at $10.82 on Thursday. Talos Energy Inc. has a 52 week low of $9.81 and a 52 week high of $16.99. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 154.57 and a beta of 1.94. The company has a 50-day simple moving average of $11.26 and a 200 day simple moving average of $12.01. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.80 and a current ratio of 0.80.

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

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TALO. Mizuho initiated coverage on shares of Talos Energy in a research note on Thursday, September 19th. They issued an “outperform” rating and a $16.00 target price for the company. The Goldman Sachs Group began coverage on shares of Talos Energy in a research report on Monday, July 22nd. They issued a “buy” rating and a $14.00 price objective for the company. Benchmark reaffirmed a “buy” rating and issued a $20.00 target price on shares of Talos Energy in a report on Friday, September 27th. Finally, Stephens reiterated an “overweight” rating and issued a $24.00 target price on shares of Talos Energy in a research note on Wednesday, July 10th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $19.83.

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.