93,993 Shares in Talos Energy Inc. $TALO Purchased by SummerHaven Investment Management LLC

SummerHaven Investment Management LLC purchased a new stake in shares of Talos Energy Inc. (NYSE:TALO) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 93,993 shares of the company’s stock, valued at approximately $901,000.

A number of other large investors have also added to or reduced their stakes in TALO. Royal Bank of Canada boosted its position in shares of Talos Energy by 11.8% during the 1st quarter. Royal Bank of Canada now owns 28,590 shares of the company’s stock valued at $278,000 after acquiring an additional 3,007 shares during the last quarter. AQR Capital Management LLC lifted its position in Talos Energy by 152.1% during the first quarter. AQR Capital Management LLC now owns 90,915 shares of the company’s stock valued at $884,000 after purchasing an additional 54,854 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Talos Energy by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company’s stock worth $838,000 after buying an additional 3,783 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Talos Energy by 16.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company’s stock worth $21,224,000 after buying an additional 304,205 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Talos Energy by 201.5% during the 2nd quarter. GAMMA Investing LLC now owns 9,631 shares of the company’s stock valued at $82,000 after buying an additional 6,437 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on TALO shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Talos Energy in a research report on Monday, December 29th. KeyCorp lifted their target price on Talos Energy from $12.00 to $13.50 and gave the stock an “overweight” rating in a report on Friday, December 5th. Citigroup increased their price target on Talos Energy from $12.00 to $14.00 and gave the company a “buy” rating in a report on Friday. Mizuho lifted their price objective on shares of Talos Energy from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, Wall Street Zen downgraded shares of Talos Energy from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $14.58.

Talos Energy Stock Performance

Shares of Talos Energy stock opened at $11.73 on Wednesday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.51. The stock’s fifty day moving average is $11.24 and its two-hundred day moving average is $9.99. Talos Energy Inc. has a 52 week low of $6.23 and a 52 week high of $12.32. The company has a market capitalization of $1.99 billion, a PE ratio of -5.83 and a beta of 0.57.

Talos Energy Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.