James Burke Sells 20,473 Shares of Vistra (NYSE:VST) Stock

Vistra Corp. (NYSE:VST) CEO James Burke sold 20,473 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $203.64, for a total transaction of $4,169,121.72. Following the completion of the sale, the chief executive officer directly owned 298,967 shares of the company’s stock, valued at $60,881,639.88. This represents a 6.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Vistra Stock Performance

NYSE:VST opened at $189.47 on Friday. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. The firm has a market capitalization of $64.20 billion, a price-to-earnings ratio of 30.22, a PEG ratio of 2.83 and a beta of 1.33. The company’s 50-day moving average is $199.53 and its two-hundred day moving average is $181.16. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.62). The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. Analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Wall Street Analyst Weigh In

VST has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on Vistra from $207.00 to $223.00 and gave the stock an “overweight” rating in a report on Thursday, September 25th. UBS Group upped their target price on shares of Vistra from $207.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Melius assumed coverage on shares of Vistra in a research note on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price target on the stock. BMO Capital Markets boosted their price target on shares of Vistra from $229.00 to $236.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Vistra from $227.00 to $248.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $229.93.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Wealth Effects LLC grew its holdings in shares of Vistra by 1.1% in the third quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock valued at $1,133,000 after purchasing an additional 65 shares in the last quarter. Bridgewater Advisors Inc. boosted its position in Vistra by 4.0% in the 2nd quarter. Bridgewater Advisors Inc. now owns 1,734 shares of the company’s stock valued at $333,000 after buying an additional 67 shares during the period. Verdence Capital Advisors LLC boosted its position in Vistra by 2.2% in the 2nd quarter. Verdence Capital Advisors LLC now owns 3,256 shares of the company’s stock valued at $631,000 after buying an additional 71 shares during the period. Fogel Capital Management Inc. raised its stake in shares of Vistra by 0.9% in the second quarter. Fogel Capital Management Inc. now owns 7,897 shares of the company’s stock valued at $1,531,000 after acquiring an additional 72 shares in the last quarter. Finally, Forefront Wealth Management Inc. raised its stake in shares of Vistra by 6.0% in the third quarter. Forefront Wealth Management Inc. now owns 1,278 shares of the company’s stock valued at $250,000 after acquiring an additional 72 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.