Top Investors Cut Gulfport Energy Corporation (GPOR) Holdings In December Quarter To Take Profit

Gulfport Energy Corporation (NASDAQ:GPOR) went up to recover about 22.49% since recording its record low price of $6.18. The stock experienced 3.98% jump, arriving at $7.57 on 02/11/2019. During the day, the stock price traveled from $7.18 to $7.57. This company shares are 54.16% off its target price of $11.67 and the current market capitalization stands at $1.31B. The recent change has given its price a -7.36% deficit over SMA 50 and -43.55% deficit over its 52-week high. The stock witnessed -6.31% declines, -22.83% declines and -33.54% 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 4.96% and during a month it has been found around 4.5%.

Gulfport Energy Corporation (GPOR) Top Holders

Institutional investors currently hold around $1.25 billion or 98.5% in GPOR stock. Look at its top three institutional owners. Blackrock Inc. owns $178.81 million in Gulfport Energy Corporation, which represents roughly 13.65% of the company’s market cap and approximately 14.28% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 14,573,729 shares of the stock are valued at $106.1 million. The third largest holder is Vanguard Group Inc, which currently holds $98.58 million worth of this stock and that ownership represents nearly 7.53% of its market capitalization.

Gulfport Energy Corporation 13F Filings

At the end of December reporting period, 138 institutional holders increased their position in Gulfport Energy Corporation (NASDAQ:GPOR) by some 29,097,870 shares, 140 decreased positions by 30,475,192 and 35 held positions by 112,455,787. That puts total institutional holdings at 172,028,849 shares, according to SEC filings. The stock grabbed 48 new institutional investments totaling 4,611,145 shares while 50 institutional investors sold out their entire positions totaling 10,222,480 shares.

Gulfport Energy Corporation (NASDAQ:GPOR) Insider Trades

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 Director Westerman Paul D has acquired 10,000 shares of Gulfport Energy Corporation (GPOR) in trading session dated Nov. 20, 2018. These shares are worth $84,400 and were traded at $8.44 each. The SEC filing shows that Maier Stuart performed a sale of 2,000 shares. The SVP, Geosciences disposed these shares by way of transaction on Aug. 16, 2018. The company’s shares were given away at $11.19 per share worth to an income of some $22,380 on account of Maier Stuart.

VP of Reservoir Engineering, Baldwin Steve, sold 10,000 common shares of Gulfport Energy Corporation (GPOR) in the open market. In a transaction dated Jun. 19, 2018, the shares were put up for sale at an average price of $11, raking in a sum of $110,000. After this sale, 40,918 common shares of GPOR are directly owned by the insider, with total stake valued at $309,749.

In the transaction dated May. 29, 2018, the great number of shares acquired came courtesy the Director; Westerman Paul D added a total of 10,000 shares at an average price of $10.33, amounting to approximately $103,300. The insider now directly owns 35,488 shares worth $268,644.

Gulfport Energy Corporation (GPOR) Analyst Guide

Several analysts have released their opinion on Gulfport Energy Corporation (NASDAQ:GPOR), with 5 analysts believing it is a strong buy. Whereas 10 of them predict the stock is a hold. Also, there are 8 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.4 average brokerage recommendation.