Gulfport Energy Corporation (NASDAQ:GPOR) marched up 7.25% compared to a 52-week low price of $10.9. The shares were last seen trading 0.86% higher, taking the closing price at $11.69 on Aug. 10, 2017. At recent session, the prices were hovering between $11.54 and $12.19. This company shares are 85.89% off its target price of $21.73 and the current market capitalization stands at $2.05B. The recent change has given its price a -13.08% deficit over SMA 50 and -61.63% deficit over its 52-week high. The stock witnessed -16.26% declines, -30.33% declines and -42.89% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GPOR’s volatility during a week at 4.47% and during a month it has been found around 4.73%.Gulfport Energy Corporation (GPOR) Top Holders
Institutional investors currently hold around $1.9 billion or 88% in GPOR stock. Look at its top three institutional owners. Blackrock Inc. owns $261.84 million in Gulfport Energy Corporation, which represents roughly 12.77% of the company’s market cap and approximately 13.8% of the institutional ownership. Similar statistics are true for the second largest owner, Boston Partners, which owns 12,524,347 shares of the stock are valued at $145.16 million. The third largest holder is Vanguard Group Inc, which currently holds $144.73 million worth of this stock and that ownership represents nearly 7.06% of its market capitalization.Gulfport Energy Corporation 13F Filings
At the end of Mar reporting period, 178 institutional holders increased their position in Gulfport Energy Corporation (NASDAQ:GPOR) by some 40,823,199 shares, 130 decreased positions by 23,176,931 and 19 held positions by 99,683,184. That puts total institutional holdings at 163,683,314 shares, according to SEC filings. The stock grabbed 40 new institutional investments totaling 14,217,939 shares while 57 institutional investors sold out their entire positions totaling 7,192,892 shares.
Multiple company employees have indulged in significant insider trading. Gulfport Energy Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP of Reservoir Engineering Baldwin Steve has sold 566 shares of Gulfport Energy Corporation (GPOR) in trading session dated Aug. 22, 2016. These shares are worth $15,282 and were traded at $27 each. The SEC filing shows that Maier Stuart performed a sale of 10,000 shares. The Vice President of Geosciences disposed these shares by way of transaction on Jun. 20, 2016. The company’s shares were given away at $33.35 per share worth to an income of some $333,500 on account of Maier Stuart.
President & CEO, Moore Michael G, sold 20,000 common shares of Gulfport Energy Corporation (GPOR) in the open market. In a transaction dated Jun. 15, 2016, the shares were put up for sale at an average price of $32.95, raking in a sum of $659,000. After this sale, 226,175 common shares of GPOR are directly owned by the insider, with total stake valued at $2,643,986.
In the transaction dated Jun. 07, 2016, the great number of shares disposed came courtesy the VP of Reservoir Engineering; Baldwin Steve disposed a total of 10,000 shares at an average price of $32, amounting to approximately $320,000. The insider now directly owns 22,200 shares worth $259,518.Gulfport Energy Corporation (GPOR) Analyst Guide
Several analysts have released their opinion on Gulfport Energy Corporation (NASDAQ:GPOR), with 14 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 0 strong sell ratings, collectively assigning a 1.48 average brokerage recommendation.