Gulfport Energy Corp.’s filing revealed that its Director Silver Point Capital, L.P. acquired Company’s shares for reported $142.23 million on Sep 19 ’24. In the deal valued at $148.16 per share,960,000 shares were bought.
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Then, Willrath Matthew sold 567 shares, generating $81,659 in total proceeds. Upon selling the shares at $144.02, the VP & CAO now owns 2,410 shares.
Before that, Wolf David D sold 2,327 shares. Gulfport Energy Corp. shares valued at $326,269 were divested by the Director at a price of $140.21 per share. As a result of the transaction, Wolf David D now holds 7,144 shares, worth roughly $1.06 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 Friday, Gulfport Energy Corp. [NYSE:GPOR] saw its stock fall -0.17% to $148.93. Over the last five days, the stock has gained 4.12%. Gulfport Energy Corp. shares have risen nearly 11.81% since the year began. Nevertheless, the stocks have risen 33.03% over the past one year. While a 52-week high of $165.19 was reached on 04/30/24, a 52-week low of $110.42 was recorded on 01/08/24. SMA at 50 days reached $145.24, while 200 days put it at $145.68.
Levels Of Support And Resistance For GPOR Stock
The 24-hour chart illustrates a support level at 147.74, which if violated will result in even more drops to 146.54. On the upside, there is a resistance level at 150.03. A further resistance level may holdings at 151.12. The Relative Strength Index (RSI) on the 14-day chart is 62.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.70, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.87%. Stochastics %K at 85.26% indicates the stock is a selling.
How much short interest is there in Gulfport Energy Corp.?
A steep rise in short interest was recorded in Gulfport Energy Corp. stocks on 2024-08-30, growing by 0.19 million shares to a total of 0.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 0.58 million shares. There was a rise of 24.26%, which implies that there is a positive sentiment for the stock.