Gulfport Energy Corporation (GPOR) Insider Stock Sales Send Up Red Flag

With 2.86 sell/buy ratio, Gulfport Energy Corporation (NASDAQ:GPOR) experienced more insider selling than insider buying over the last three months. Could this be a sign for outside investors to start selling as well? GPOR recorded 5 sales on the open market in the last three months. They sold nearly 28,584 shares while purchases amounted to 10,000 shares that period. Looking even further back to 12 months, corporate insiders offloaded 208,803 shares when buyers snapped up 1,230,628 shares. The 12-month’s totals signify about a 0.17-to-1 sell/buy ratio.

Westerman Paul D gathered a total of 10 thousand shares of Gulfport Energy Corporation (GPOR) at average share price of $8.44. This insider trade in the company took place on 11/20/2018. The total for the purchase was set at $84.4 thousand. After this transaction, the Director account balance stood at 56.69 thousand shares. The stock grew 8.77 percent since that insider purchase. On 08/16/2018, Maier Stuart, SVP, Geosciences, sold 2 thousand shares at a price per share of $11.19. This removed 22.38 thousand shares from the insider’s fortune and the stock saw a -17.96 percent retreat in value since the news became public. This transaction left 118.06 thousand shares in the SVP, Geosciences account.

On 06/19/2018, VP of Reservoir Engineering Baldwin Steve performed a sale transaction worth $110 thousand. This sale at $11 each has eliminated 10 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -16.55 percent decrease since the transaction was reported. The insider now is left with 40.92 thousand shares remaining in the account. Westerman Paul D, who performs the Director job, bought 10 thousand shares for $103.3 thousand. The acquisition occurred on 05/29/2018 was priced at $10.33 per share. The share price plunged -11.13 percent since the reporting date. Westerman Paul D now left with a stake of 35.49 thousand GPOR stock worth $325.78 thousand after the insider buying.

The 12-month median price target for Gulfport Energy Corporation (GPOR) assigned by the analysts stands at $14, which represents a return potential of 52.51 percent when compared to the closing price of the stock of $9.18 on Thursday, December 06. The lowest price target for the stock is $7 — slightly more than -23.75 percent from GPOR’s current share price. The stock will probably climb 56.32 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $21.7-month high price target. This represents a whopping 136.38 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 49.5 on daily chart, which may remain a cause for concern. If the price breaks below $8.55 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $9.36 mark may result into a pull-back move towards $9.55 level. The stock is currently hovering around the first support level of $8.86. Below this, the next support is placed in the zone of $8.55. Till the time, the GPOR stock trades above this level, bulls have nothing to fear.

Shares of Gulfport Energy Corporation (GPOR) are trading at a P/E ratio of 3.36 times earnings reported for the past 12 months. The industry GPOR operates in has an average P/E of 16.71. Its P/E ratio went as low as 5.29X and as high as 32.09 over the 5-year span. Further, it is sporting a 1.2 on the Price-to-Sales ratio. Compare this with the industry average P/S of 99.8. 91.4 percent is the gross profit margin for Gulfport Energy Corporation and operating margin sits at 30.6 percent. Along with this, the net profit margin is 33.9 percent.

On 6th of December, Gulfport Energy Corporation (NASDAQ:GPOR) shares ended higher after a volatile session. The shares accumulated 0.2 points or 2.23 percent at $9.18 with a heavy trade volume of 5.243 million shares. After opening the session at $8.85, the shares went as high as $9.23 and as low as $8.73, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $1.6 billion and now has 174.52 million shares outstanding. Gulfport Energy Corporation (GPOR) stock has lost -6.99 percent of market value in 21 trading days.

In last reported earnings results, GPOR earned $0.49 per share, better than the $0.36, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $361M, better than the $357M analysts expected. Earnings are estimated to increase by 130.3 percent this year, -16.09 percent next year and continue to increase by -8.12 percent annually for the next 5 years. Investors will get their next glimpse of GPOR’s Q4 earnings on February 27. Analysts are forecasting revenue to climb 14.8 percent to $374M in the next fiscal quarter, while earnings are seen soaring by nearly 0 percent to $0.45 per share. History has shown that shares in Gulfport Energy Corporation have gone up on 19 different earnings reaction days and are predicted to add 0.05 percent when the company reports upcoming earnings.

GPOR stock has a trailing 3-year beta of 0.48, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $2.54 a share in the trailing twelve months. The stock’s value has fallen -28.06 percent year to date (YTD) against a decline of -27.43 percent in 12 month’s time. The company’s shares still trade -33.19 percent away from its 1-year high of $13.74 and 13.75 percent up from 52-week low of $8.07. The average consensus rating on the company is 2.2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.