Vise Technologies Inc. Takes $131,000 Position in Talos Energy Inc. $TALO

Vise Technologies Inc. purchased a new position in Talos Energy Inc. (NYSE:TALO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,403 shares of the company’s stock, valued at approximately $131,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TALO. CWM LLC increased its stake in Talos Energy by 186.3% in the 2nd quarter. CWM LLC now owns 6,027 shares of the company’s stock worth $51,000 after acquiring an additional 3,922 shares during the last quarter. Signaturefd LLC boosted its position in shares of Talos Energy by 571.3% during the 1st quarter. Signaturefd LLC now owns 5,612 shares of the company’s stock valued at $55,000 after acquiring an additional 4,776 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Talos Energy in the first quarter worth approximately $65,000. GAMMA Investing LLC increased its position in shares of Talos Energy by 201.5% in the second quarter. GAMMA Investing LLC now owns 9,631 shares of the company’s stock worth $82,000 after purchasing an additional 6,437 shares during the last quarter. Finally, Prudent Man Advisors LLC purchased a new stake in Talos Energy in the second quarter valued at approximately $115,000. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on TALO. Weiss Ratings reissued a “sell (d)” rating on shares of Talos Energy in a research note on Monday. Mizuho reaffirmed a “neutral” rating and set a $11.00 price objective on shares of Talos Energy in a report on Monday, September 15th. Finally, Wall Street Zen raised Talos Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Talos Energy currently has an average rating of “Hold” and an average target price of $13.50.

Insider Activity

In other news, Director Paula R. Glover sold 6,159 shares of Talos Energy stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $9.69, for a total value of $59,680.71. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.36% of the company’s stock.

Talos Energy Trading Up 2.7%

TALO stock opened at $10.69 on Wednesday. The company has a market capitalization of $1.82 billion, a PE ratio of -11.02 and a beta of 0.75. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.22 and a current ratio of 1.22. Talos Energy Inc. has a one year low of $6.23 and a one year high of $11.76. The company’s 50 day moving average price is $9.76 and its two-hundred day moving average price is $9.01.

Talos Energy (NYSE:TALO) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.23. The company had revenue of $450.05 million during the quarter, compared to analysts’ expectations of $421.73 million. Talos Energy had a negative net margin of 8.91% and a negative return on equity of 2.34%. The firm’s revenue was down 11.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.14) EPS. As a group, analysts predict that Talos Energy Inc. will post -0.44 earnings per share for the current fiscal year.

Talos Energy Company Profile

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.