Gulfport Energy (NYSE:GPOR) Director Silver Point Capital L.P. Sells 84,416 Shares

Gulfport Energy Corporation (NYSE:GPOR) Director Silver Point Capital L.P. sold 84,416 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $204.22, for a total transaction of $17,239,435.52. Following the completion of the transaction, the director owned 2,605,729 shares of the company’s stock, valued at approximately $532,141,976.38. This trade represents a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Silver Point Capital L.P. also recently made the following trade(s):

• On Monday, March 2nd, Silver Point Capital L.P. sold 759,740 shares of Gulfport Energy stock. The shares were sold at an average price of $204.22, for a total transaction of $155,154,102.80.

Gulfport Energy Price Performance

Gulfport Energy stock traded down $1.27 during trading hours on Wednesday, hitting $209.55. 322,036 shares of the company traded hands, compared to its average volume of 331,679. The firm’s 50-day simple moving average is $197.52 and its two-hundred day simple moving average is $192.43. The firm has a market cap of $3.89 billion, a P/E ratio of 10.31 and a beta of 0.61. Gulfport Energy Corporation has a 1-year low of $153.27 and a 1-year high of $225.78. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.43.

Gulfport Energy (NYSE:GPOR) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $5.60 EPS for the quarter, missing analysts’ consensus estimates of $5.61 by ($0.01). Gulfport Energy had a net margin of 30.01% and a return on equity of 21.85%. The company had revenue of $398.19 million for the quarter, compared to analyst estimates of $373.24 million.

Gulfport Energy News Roundup

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

• Positive Sentiment: Gulfport expanded a discounted buyback/repurchase program (announced March 3) to acquire 84,416 shares — this reduces float and provides direct support for the stock. Read More.
• Neutral Sentiment: Recent quarterly results (Feb. 24) showed revenue above estimates ($398.2M vs. ~$373.2M) while EPS missed by $0.01 ($5.60 vs. $5.61). Financials remain profitable with strong margins, but the tiny EPS miss is unlikely to move sentiment much on its own.
• Negative Sentiment: Large holder Silver Point Capital drastically reduced its stake: sold 759,740 shares on March 2 (~$155.15M at $204.22 avg), a ~22% cut — a sizable liquidation that can pressure the stock. Read More.
• Negative Sentiment: Silver Point sold another 84,416 shares on March 3 (~$17.24M at $204.22 avg). The proximity of these sales to the company’s buyback announcement raises questions about whether the trades were part of a negotiated/structured repurchase or open‑market disposals. Read More.
• Negative Sentiment: Multiple senior insiders sold shares the same week: CFO Michael Hodges (16,769 shrs at $210.70), SVP Michael Sluiter (9,933 shrs at $210.00) and director Timothy Cutt (5,000 shrs at $208.73). The CFO’s sale cut his stake materially, which can be viewed negatively by investors. Read More. • Read More. • Read More.

Wall Street Analysts Forecast Growth

GPOR has been the subject of several research reports. Mizuho raised their price objective on Gulfport Energy from $219.00 to $239.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Zacks Research upgraded Gulfport Energy from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 7th. Evercore upped their price objective on shares of Gulfport Energy from $190.00 to $210.00 and gave the company an “in-line” rating in a research note on Monday, November 10th. UBS Group lifted their target price on shares of Gulfport Energy from $227.00 to $264.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Finally, KeyCorp raised their price objective on shares of Gulfport Energy from $205.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $227.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GPOR. Advisory Services Network LLC bought a new stake in Gulfport Energy in the third quarter worth $28,000. Allworth Financial LP boosted its position in Gulfport Energy by 113.3% during the fourth quarter. Allworth Financial LP now owns 160 shares of the company’s stock worth $33,000 after purchasing an additional 85 shares during the period. Financial Consulate Inc. bought a new position in shares of Gulfport Energy in the third quarter valued at approximately $31,000. Federated Hermes Inc. lifted its stake in shares of Gulfport Energy by 133.7% in the third quarter. Federated Hermes Inc. now owns 222 shares of the company’s stock worth $40,000 after buying an additional 127 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Gulfport Energy by 364.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 251 shares of the company’s stock worth $50,000 after buying an additional 197 shares during the period.

About Gulfport Energy

Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.

The company’s primary operations are concentrated in two major U.S. resource basins.