Talos Energy (NYSE:TALO) Insider Control Empresarial De Capital Sells 308,586 Shares of Company Stock

Talos Energy Inc. (NYSE:TALO) insider Control Empresarial De Capital sold 308,586 shares of the company’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $18.50, for a total value of $5,708,841.00. Following the sale, the insider owned 21,691,414 shares of the company’s stock, valued at approximately $401,291,159. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Wednesday, October 28th, Control Empresarial De Capital sold 1,200,000 shares of Talos Energy stock. The shares were sold at an average price of $18.33, for a total value of $21,996,000.00.
• On Friday, October 23rd, Control Empresarial De Capital sold 2,500,000 shares of Talos Energy stock. The stock was sold at an average price of $18.33, for a total transaction of $45,825,000.00.
• On Monday, October 19th, Control Empresarial De Capital sold 2,141,590 shares of Talos Energy stock. The stock was sold at an average price of $18.01, for a total transaction of $38,570,035.90.
• On Friday, October 16th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The stock was sold at an average price of $17.19, for a total transaction of $46,413,000.00.
• On Thursday, October 15th, Control Empresarial De Capital sold 52,000 shares of Talos Energy stock. The stock was sold at an average price of $17.01, for a total transaction of $884,520.00.
• On Wednesday, October 14th, Control Empresarial De Capital sold 265,446 shares of Talos Energy stock. The shares were sold at an average price of $17.30, for a total transaction of $4,592,215.80.
• On Tuesday, October 13th, Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock. The shares were sold at an average price of $17.51, for a total transaction of $47,277,000.00.
• On Monday, October 12th, Control Empresarial De Capital sold 2,200,000 shares of Talos Energy stock. The shares were sold at an average price of $17.25, for a total transaction of $37,950,000.00.
• On Friday, October 9th, Control Empresarial De Capital sold 1,730,000 shares of Talos Energy stock. The shares were sold at an average price of $17.08, for a total transaction of $29,548,400.00.
• On Thursday, October 8th, Control Empresarial De Capital sold 2,310,000 shares of Talos Energy stock. The stock was sold at an average price of $17.03, for a total transaction of $39,339,300.00.

Talos Energy Stock Performance

Shares of Talos Energy stock opened at $17.87 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.60. The company has a market cap of $2.98 billion, a PE ratio of -7.51 and a beta of 0.42. The company has a 50 day moving average of $17.21 and a 200-day moving average of $14.92. Talos Energy Inc. has a 1-year low of $9.35 and a 1-year high of $18.76.

Talos Energy (NYSE:TALO) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.21. The business had revenue of $664.81 million for the quarter, compared to analysts’ expectations of $577.92 million. Talos Energy had a negative net margin of 20.46% and a negative return on equity of 1.94%. The firm’s quarterly revenue was up 56.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.27) earnings per share. As a group, equities research analysts forecast that Talos Energy Inc. will post 1.58 earnings per share for the current fiscal year.

Key Talos Energy News

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

• Positive Sentiment: Analysts identify breakout potential. Zacks highlighted TALO as a potential breakout stock, citing projected earnings growth and a share price near its 52-week high. The stock also has several bullish ratings, including a $23 price target from KeyCorp and a $22 target from Goldman Sachs. Zacks breakout stocks article
• Positive Sentiment: Recent operating results exceeded expectations. Talos most recently reported adjusted earnings of $0.57 per share versus the $0.36 consensus estimate, while revenue of $664.8 million increased 56.5% year over year and surpassed forecasts. Analysts currently expect approximately $1.58 in full-year EPS. Talos Energy earnings and analyst data
• Neutral Sentiment: Broader oil-market investor activity provides context. Mexico’s richest man reportedly sold approximately $1.15 billion in oil stocks, suggesting portfolio repositioning among major energy investors, although the article does not establish that the sales reflect a change in Talos’s operating outlook. Mexico oil stock sales article
• Negative Sentiment: Repeated large shareholder disposals are the main near-term overhang. Control Empresarial De Capital sold 1.2 million TALO shares for approximately $22.0 million on October 28, following a sale of 308,586 shares worth $5.7 million on October 27. The holder also reported a 2.5 million-share sale earlier in the month. The latest transactions reduced its ownership to 20.49 million shares, potentially increasing selling pressure and investor concerns about supply. SEC insider transaction filing

Analyst Ratings Changes

A number of brokerages have weighed in on TALO. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $22.00 target price on shares of Talos Energy in a report on Tuesday. KeyCorp boosted their price target on Talos Energy from $21.00 to $23.00 and gave the stock an “overweight” rating in a report on Tuesday, September 15th. Wall Street Zen upgraded Talos Energy from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Citigroup raised their price objective on Talos Energy from $18.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, October 15th. Finally, Zacks Research cut Talos Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $19.71.

Institutional Trading of Talos Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Fortitude Family Office LLC grew its position in Talos Energy by 8,502.0% during the 3rd quarter. Fortitude Family Office LLC now owns 4,387 shares of the company’s stock worth $72,000 after acquiring an additional 4,336 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Talos Energy in the 2nd quarter worth about $63,000. Nisa Investment Advisors LLC increased its holdings in Talos Energy by 57.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 8,343 shares of the company’s stock worth $136,000 after purchasing an additional 3,053 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Talos Energy by 317.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,052 shares of the company’s stock worth $148,000 after purchasing an additional 6,885 shares in the last quarter. Finally, iSAM Funds UK Ltd bought a new position in Talos Energy in the second quarter valued at about $138,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

About Talos Energy

Talos Energy Inc is an independent energy company focused on the exploration, development and production of oil and natural gas. The company’s upstream operations are concentrated in the U.S. Gulf of Mexico, where it holds interests in offshore properties and produces crude oil, natural gas and natural gas liquids.

In addition to its traditional exploration and production activities, Talos has pursued carbon management opportunities through the development of carbon capture and storage projects along the U.S.