Talos Energy Inc’s recent filing unveils that its Add’l Rep. Persons-see Ex.99-1 Control Empresarial de Capital acquired Company’s shares for reported $1.03 million on Sep 27 ’24. In the deal valued at $10.31 per share,100,000 shares were bought. As a result of this transaction, Control Empresarial de Capital now holds 43,545,604 shares worth roughly $474.65 million.
Then, Control Empresarial de Capital bought 336,700 shares, generating $3,430,502 in total proceeds. Upon buying the shares at $10.19, the Add’l Rep. Persons-see Ex.99-1 now owns 43,445,604 shares.
Before that, Control Empresarial de Capital bought 250,000 shares. Talos Energy Inc shares valued at $2,628,825 were divested by the Add’l Rep. Persons-see Ex.99-1 at a price of $10.52 per share. As a result of the transaction, Control Empresarial de Capital now holds 43,108,904 shares, worth roughly $469.89 million.
JP Morgan initiated its Talos Energy Inc [TALO] rating to a Neutral in a research note published on December 05, 2024; the price target was $12. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Goldman began covering TALO with “Buy” recommendation on July 22, 2024. Citigroup started covering the stock on March 22, 2024. It rated TALO as “a Buy”.
Price Performance Review of TALO
On Friday, Talos Energy Inc [NYSE:TALO] saw its stock fall -1.00% to $10.90. Over the last five days, the stock has gained 2.44%. Talos Energy Inc shares have risen nearly 12.26% since the year began. Nevertheless, the stocks have fallen -13.01% over the past one year. While a 52-week high of $14.67 was reached on 01/16/25, a 52-week low of $8.89 was recorded on 01/06/25. SMA at 50 days reached $10.57, while 200 days put it at $11.37.
Levels Of Support And Resistance For TALO Stock
The 24-hour chart illustrates a support level at 10.68, which if violated will result in even more drops to 10.47. On the upside, there is a resistance level at 11.06. A further resistance level may holdings at 11.22. The Relative Strength Index (RSI) on the 14-day chart is 62.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.87%. Stochastics %K at 93.28% indicates the stock is a selling.
How much short interest is there in Talos Energy Inc?
A steep rise in short interest was recorded in Talos Energy Inc stocks on 2024-12-31, dropping by -0.46 million shares to a total of 12.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 13.21 million shares. There was a decline of -3.59%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 21, 2023 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $24 price target.
