Caxton Associates LLP Invests $794,000 in Talos Energy Inc. $TALO

Caxton Associates LLP acquired a new position in Talos Energy Inc. (NYSE:TALO) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 50,361 shares of the company’s stock, valued at approximately $794,000.

Several other large investors have also recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in Talos Energy by 11.8% during the 1st quarter. Royal Bank of Canada now owns 28,590 shares of the company’s stock worth $278,000 after acquiring an additional 3,007 shares during the period. AQR Capital Management LLC increased its holdings in shares of Talos Energy by 152.1% during the first quarter. AQR Capital Management LLC now owns 90,915 shares of the company’s stock valued at $884,000 after purchasing an additional 54,854 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Talos Energy by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company’s stock valued at $838,000 after purchasing an additional 3,783 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Talos Energy by 16.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company’s stock valued at $21,224,000 after purchasing an additional 304,205 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Talos Energy by 132.7% during the second quarter. JPMorgan Chase & Co. now owns 386,641 shares of the company’s stock valued at $3,279,000 after purchasing an additional 220,502 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Price Performance

Shares of NYSE:TALO opened at $14.96 on Monday. Talos Energy Inc. has a one year low of $7.67 and a one year high of $17.05. The stock has a fifty day moving average of $14.49 and a 200-day moving average of $13.93. The company has a market capitalization of $2.50 billion, a PE ratio of -3.47 and a beta of 0.34. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.20 and a current ratio of 1.20.

Talos Energy (NYSE:TALO) last issued its earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.04. The business had revenue of $472.31 million for the quarter, compared to analysts’ expectations of $446.39 million. Talos Energy had a negative return on equity of 8.24% and a negative net margin of 42.58%.The company’s quarterly revenue was down 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.06 EPS. As a group, equities analysts anticipate that Talos Energy Inc. will post 0.37 EPS for the current fiscal year.

Insider Buying and Selling at Talos Energy

In related news, insider Control Empresarial De Capital sold 339,568 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $16.80, for a total value of $5,704,742.40. Following the completion of the transaction, the insider owned 40,460,036 shares in the company, valued at $679,728,604.80. This trade represents a 0.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.51% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Wall Street Zen lowered shares of Talos Energy from a “buy” rating to a “hold” rating in a research report on Saturday. Roth Capital upgraded shares of Talos Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $16.00 to $17.00 in a research report on Wednesday, July 1st. Stephens reaffirmed an “overweight” rating and issued a $20.00 price target on shares of Talos Energy in a research note on Wednesday, July 1st. KeyCorp increased their price objective on shares of Talos Energy from $15.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, April 2nd. Finally, Mizuho raised their price objective on shares of Talos Energy from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.50.

Talos Energy Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.