Magnolia Oil & Gas (NYSE:MGY) Director Edward Djerejian Sells 18,000 Shares of Stock

Magnolia Oil & Gas Corp (NYSE:MGY) Director Edward Djerejian sold 18,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $28.98, for a total transaction of $521,640.00. Following the sale, the director owned 110,425 shares in the company, valued at $3,200,116.50. This trade represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Magnolia Oil & Gas Price Performance

Shares of NYSE MGY traded down $0.16 during mid-day trading on Thursday, reaching $28.91. 107,705 shares of the company traded hands, compared to its average volume of 3,126,413. Magnolia Oil & Gas Corp has a fifty-two week low of $19.09 and a fifty-two week high of $29.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a market cap of $5.39 billion, a PE ratio of 16.78 and a beta of 0.89. The stock has a fifty day simple moving average of $25.45 and a 200-day simple moving average of $23.99.

Magnolia Oil & Gas (NYSE:MGY) last released its earnings results on Thursday, February 5th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $317.63 million during the quarter, compared to the consensus estimate of $322.18 million. Magnolia Oil & Gas had a return on equity of 16.67% and a net margin of 24.79%.The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 earnings per share. Equities research analysts anticipate that Magnolia Oil & Gas Corp will post 2.1 EPS for the current fiscal year.

Magnolia Oil & Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 10th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.3%. This is a positive change from Magnolia Oil & Gas’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, February 10th. Magnolia Oil & Gas’s payout ratio is currently 38.37%.

Magnolia Oil & Gas News Roundup

Here are the key news stories impacting Magnolia Oil & Gas this week:

• Positive Sentiment: Company raised its quarterly dividend to $0.165 (annualized $0.66, ~2.3% yield) and paid the dividend on March 2nd — supports income investors and signals cash-return priority. Read More.
• Positive Sentiment: UBS raised its price target from $29 to $35 and maintained a Buy rating (Mar 5), boosting upside expectations from at least one major broker. Read More.
• Neutral Sentiment: Latest quarter: EPS $0.37 vs. consensus $0.36 (small beat) but revenue modestly missed and was down 2.8% y/y — mixed operational results that provide limited immediate catalyst. Read More.
• Neutral Sentiment: Institutional ownership is very high (~94.7%), which can reduce float liquidity and make share moves sharper on concentrated trades or news. Read More.
• Negative Sentiment: CEO Christopher G. Stavros sold 119,954 shares at ~$29.29 (~$3.51M), reducing his holding by ~12% — large CEO sale can undermine near-term insider-conviction perception. Read More.
• Negative Sentiment: EVP Timothy D. Yang sold 150,000 shares at ~$29.29 (~$4.39M), trimming his stake by ~22% — simultaneous senior-exec selling amplifies investor concern about insider outlook or rebalancing. Read More.
• Negative Sentiment: CFO Brian Corales sold 33,000 shares at ~$29.12 (~$961K), a ~15% reduction — CFO sales often attract attention because of their operational visibility. Read More.
• Negative Sentiment: Directors Dan F. Smith and Edward P. Djerejian each sold 18,000 shares (~$522K each), cutting holdings by ~13–14% — multiple board-level sales on close dates can amplify negative sentiment even if for personal reasons. Read More. | Read More.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC lifted its position in Magnolia Oil & Gas by 2.4% in the 4th quarter. Lido Advisors LLC now owns 16,197 shares of the company’s stock worth $382,000 after buying an additional 387 shares in the last quarter. Oak Family Advisors LLC grew its holdings in shares of Magnolia Oil & Gas by 0.9% during the 4th quarter. Oak Family Advisors LLC now owns 47,620 shares of the company’s stock valued at $1,042,000 after acquiring an additional 410 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Magnolia Oil & Gas by 10.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,624 shares of the company’s stock worth $102,000 after acquiring an additional 422 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Magnolia Oil & Gas by 8.0% in the fourth quarter. GAMMA Investing LLC now owns 6,130 shares of the company’s stock worth $134,000 after acquiring an additional 453 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in shares of Magnolia Oil & Gas by 3.1% during the third quarter. Coldstream Capital Management Inc. now owns 15,937 shares of the company’s stock worth $380,000 after acquiring an additional 482 shares in the last quarter. Institutional investors and hedge funds own 94.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Zacks Research upgraded shares of Magnolia Oil & Gas from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Mizuho set a $30.00 target price on shares of Magnolia Oil & Gas in a report on Friday, February 6th. Piper Sandler increased their target price on shares of Magnolia Oil & Gas from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Weiss Ratings restated a “hold (c)” rating on shares of Magnolia Oil & Gas in a report on Thursday, January 22nd. Finally, KeyCorp upped their price target on Magnolia Oil & Gas from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $28.18.

Magnolia Oil & Gas Company Profile

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).