Mark Denny, EVP, General Counsel & Secretary of Vital Energy (VTLE, Financial), sold 5,145 shares of the company on October 8, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 26,358 shares of Vital Energy.
Vital Energy is engaged in the exploration, development, and production of oil and natural gas. The company focuses on leveraging technology and innovation to achieve efficient and environmentally responsible energy production.
Over the past year, the insider transaction history at Vital Energy shows a trend with 2 insider buys and 3 insider sells. Specifically, the insider, Mark Denny, has sold a total of 5,145 shares and has not made any purchases in the same period.
On the date of the latest sale by the insider, shares of Vital Energy were trading at $30.22, giving the company a market cap of $1.13 billion. The price-earnings ratio of the stock stands at 3.37, which is lower than the industry median of 11.23 and also below the company’s historical median.
According to the GF Value, the intrinsic value of Vital Energy is estimated at $36.22 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.83.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from analysts.
This sale by the insider might be of interest to current and potential investors, providing insights into insider confidence and valuation perspectives at current market prices.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
