Vitesse Energy (NYSE:VTS) President Brian Cree Sells 43,216 Shares of Stock

Vitesse Energy, Inc. (NYSE:VTS) President Brian Cree sold 43,216 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $20.12, for a total transaction of $869,505.92. Following the completion of the transaction, the president owned 519,679 shares in the company, valued at $10,455,941.48. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Brian Cree also recently made the following trade(s):

• On Thursday, January 15th, Brian Cree sold 16,190 shares of Vitesse Energy stock. The shares were sold at an average price of $19.82, for a total transaction of $320,885.80.

Vitesse Energy Trading Down 2.7%

NYSE:VTS opened at $19.22 on Friday. Vitesse Energy, Inc. has a one year low of $18.84 and a one year high of $27.49. The business has a fifty day moving average price of $20.43 and a 200-day moving average price of $22.66. The firm has a market capitalization of $743.24 million, a price-to-earnings ratio of 38.44 and a beta of 0.64. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.85 and a quick ratio of 0.85.

Vitesse Energy (NYSE:VTS) last released its earnings results on Monday, November 3rd. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.13). Vitesse Energy had a net margin of 7.70% and a return on equity of 5.71%. The company had revenue of $67.44 million for the quarter, compared to analysts’ expectations of $65.70 million. Sell-side analysts forecast that Vitesse Energy, Inc. will post 1.05 EPS for the current year.

Vitesse Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were paid a dividend of $0.5625 per share. The ex-dividend date was Monday, December 15th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 11.7%. Vitesse Energy’s payout ratio is 450.00%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vitesse Energy in a report on Monday, December 29th. Evercore ISI dropped their target price on shares of Vitesse Energy from $22.00 to $20.00 and set an “in-line” rating for the company in a report on Monday, October 6th. Wall Street Zen raised Vitesse Energy from a “sell” rating to a “hold” rating in a report on Friday, November 28th. Finally, Zacks Research downgraded Vitesse Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $24.50.

Institutional Trading of Vitesse Energy

Several hedge funds have recently bought and sold shares of VTS. Ameritas Investment Partners Inc. boosted its holdings in shares of Vitesse Energy by 21.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,011 shares of the company’s stock valued at $67,000 after purchasing an additional 538 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Vitesse Energy by 5.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,522 shares of the company’s stock worth $234,000 after buying an additional 557 shares in the last quarter. Parallel Advisors LLC boosted its stake in Vitesse Energy by 74.7% during the second quarter. Parallel Advisors LLC now owns 1,303 shares of the company’s stock valued at $29,000 after buying an additional 557 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Vitesse Energy by 5.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,158 shares of the company’s stock valued at $357,000 after buying an additional 861 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in Vitesse Energy by 8.1% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 12,674 shares of the company’s stock worth $294,000 after acquiring an additional 953 shares during the last quarter. Hedge funds and other institutional investors own 51.63% of the company’s stock.

Vitesse Energy News Roundup

Here are the key news stories impacting Vitesse Energy this week:

• Negative Sentiment: CEO Robert W. Gerrity sold 90,737 shares at an average price of $20.14 (≈$1.83M). SEC Filing
• Negative Sentiment: CEO Robert W. Gerrity sold an additional 28,994 shares at ~$19.83 (≈$575k). SEC Filing
• Negative Sentiment: President Brian Cree sold 43,216 shares at $20.12 (≈$870k). SEC Filing
• Negative Sentiment: President Brian Cree sold 16,190 shares at $19.82 (≈$321k). SEC Filing
• Negative Sentiment: CAO Mike Morella sold 5,202 shares at $20.13 (≈$105k). SEC Filing
• Negative Sentiment: VP Michael Sabol sold 4,497 shares at $20.14 (≈$90.6k). SEC Filing

About Vitesse Energy

Vitesse Energy (NYSE: VTS) is an independent exploration and production company primarily focused on onshore oil and gas assets in the United States. Headquartered in Calgary, Alberta, the company identifies, acquires and develops low-decline, shallow to intermediate depth vertical wells, targeting predictable production profiles and stable cash flows. Vitesse leverages a lean operational model to optimize well performance and reduce unit operating costs across its asset base.

The company’s core operations are concentrated in the Arkoma Basin of eastern Oklahoma and the Ark-La-Tex region, where it holds acreage positions in multiple formations.