KD Logo

Insider Sale Alert: Gulfport Energy Corp. [GPOR] – Is it Time to sell?

Gulfport Energy Corp.’s recent filing unveils that its VP & CAO Willrath Matthew unloaded Company’s shares for reported $0.1 million on May 30 ’24. In the deal valued at $158.83 per share,632 shares were sold. As a result of this transaction, Willrath Matthew now holds 3,210 shares worth roughly $0.43 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, SLUITER MICHAEL sold 8,723 shares, generating $1,393,848 in total proceeds. Upon selling the shares at $159.79, the SVP of Reservoir Engineering now owns 13,007 shares.

Before that, SLUITER MICHAEL sold 5,000 shares. Gulfport Energy Corp. shares valued at $795,000 were divested by the SVP of Reservoir Engineering at a price of $159.00 per share. As a result of the transaction, SLUITER MICHAEL now holds 21,730 shares, worth roughly $2.93 million.

KeyBanc Capital Markets upgraded its Gulfport Energy Corp. [GPOR] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid July with a ‘”a Peer perform”‘ rating. KeyBanc Capital Markets also remained covering GPOR and has decreased its forecast on April 05, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. Tudor Pickering Holt & Co. started covering the stock on January 17, 2024. It rated GPOR as “a Buy”.

Price Performance Review of GPOR

On Tuesday, Gulfport Energy Corp. [NYSE:GPOR] saw its stock jump 0.51% to $134.92. Over the last five days, the stock has lost -9.02%. Gulfport Energy Corp. shares have risen nearly 1.29% since the year began. Nevertheless, the stocks have risen 26.09% over the past one year. While a 52-week high of $165.19 was reached on 04/30/24, a 52-week low of $103.46 was recorded on 01/08/24. SMA at 50 days reached $154.22, while 200 days put it at $143.57. A total of 0.29 million shares were traded, compared to the trading of 0.28 million shares in the previous session.

Levels Of Support And Resistance For GPOR Stock

The 24-hour chart illustrates a support level at 133.74, which if violated will result in even more drops to 132.55. On the upside, there is a resistance level at 136.74. A further resistance level may holdings at 138.55. The Relative Strength Index (RSI) on the 14-day chart is 26.66, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.17%. Stochastics%K at 9.99% indicates the stock is a buying.

Most Popular