James Franklin Park Sells 100,000 Shares of Geopark (NYSE:GPRK) Stock

Geopark Ltd (NYSE:GPRK) Director James Park sold 100,000 shares of Geopark stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $11.92, for a total transaction of $1,192,000.00. Following the completion of the sale, the director owned 692,118 shares of the company’s stock, valued at approximately $8,250,046.56. This trade represents a 12.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

James Franklin Park also recently made the following trade(s):

• On Monday, August 10th, James Park sold 120,000 shares of Geopark stock. The shares were sold at an average price of $9.65, for a total transaction of $1,158,000.00.

Geopark Trading Down 4.4%

NYSE GPRK opened at $11.45 on Friday. Geopark Ltd has a 12 month low of $5.75 and a 12 month high of $13.13. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.17 and a quick ratio of 1.15. The company has a market capitalization of $591.87 million, a price-to-earnings ratio of 7.79 and a beta of 0.41. The company’s fifty day moving average price is $10.07 and its two-hundred day moving average price is $9.70.

Geopark (NYSE:GPRK) last released its earnings results on Monday, August 3rd. The oil and gas company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.10. The company had revenue of $143.30 million during the quarter, compared to the consensus estimate of $185.50 million. Geopark had a net margin of 16.00% and a return on equity of 31.33%.

Geopark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th were paid a $0.023 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, August 19th. Geopark’s dividend payout ratio (DPR) is 6.12%.

Analyst Upgrades and Downgrades

A number of research firms have commented on GPRK. Wall Street Zen downgraded Geopark from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Geopark in a report on Friday, July 17th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $12.00 price target on shares of Geopark in a research report on Wednesday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.00.

Institutional Investors Weigh In On Geopark

A number of institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Geopark by 115.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 284,962 shares of the oil and gas company’s stock worth $2,302,000 after acquiring an additional 152,520 shares during the last quarter. Millennium Management LLC boosted its stake in Geopark by 139.9% in the first quarter. Millennium Management LLC now owns 594,154 shares of the oil and gas company’s stock valued at $4,801,000 after acquiring an additional 346,521 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Geopark by 94.2% during the first quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock valued at $2,956,000 after purchasing an additional 177,496 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Geopark during the second quarter valued at approximately $401,000. Finally, Nebula Research & Development LLC raised its position in shares of Geopark by 11.5% during the 2nd quarter. Nebula Research & Development LLC now owns 27,028 shares of the oil and gas company’s stock worth $176,000 after purchasing an additional 2,793 shares during the period. Institutional investors own 68.21% of the company’s stock.

About Geopark

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.