Waldron Private Wealth LLC Has $348,000 Stake in Vitesse Energy, Inc. (NYSE:VTS)

Waldron Private Wealth LLC reduced its position in shares of Vitesse Energy, Inc. (NYSE:VTS) by 20.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,914 shares of the company’s stock after selling 3,679 shares during the quarter. Waldron Private Wealth LLC’s holdings in Vitesse Energy were worth $348,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in shares of Vitesse Energy by 2,301.8% in the 3rd quarter. International Assets Investment Management LLC now owns 1,369 shares of the company’s stock valued at $33,000 after purchasing an additional 1,312 shares during the period. Quest Partners LLC bought a new stake in Vitesse Energy in the third quarter valued at approximately $34,000. nVerses Capital LLC lifted its position in shares of Vitesse Energy by 54.5% in the third quarter. nVerses Capital LLC now owns 1,700 shares of the company’s stock valued at $41,000 after buying an additional 600 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Vitesse Energy during the 3rd quarter worth approximately $78,000. Finally, R Squared Ltd acquired a new position in shares of Vitesse Energy during the 4th quarter worth approximately $79,000. Institutional investors and hedge funds own 51.63% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on VTS shares. Northland Capmk raised Vitesse Energy to a “strong-buy” rating in a report on Thursday, January 16th. Alliance Global Partners raised shares of Vitesse Energy from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $26.00 to $29.00 in a report on Tuesday, December 17th. Finally, Northland Securities increased their price target on shares of Vitesse Energy from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Thursday, January 16th.

Vitesse Energy Stock Down 1.9 %

VTS opened at $25.85 on Friday. The stock has a fifty day moving average of $26.39 and a 200-day moving average of $25.64. The company has a market capitalization of $763.61 million, a P/E ratio of 17.71 and a beta of 0.51. Vitesse Energy, Inc. has a fifty-two week low of $19.63 and a fifty-two week high of $28.41. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.75 and a current ratio of 0.75.

Insider Buying and Selling

In other news, VP Michael Sabol sold 6,714 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $26.70, for a total transaction of $179,263.80. Following the sale, the vice president now directly owns 63,411 shares of the company’s stock, valued at approximately $1,693,073.70. This represents a 9.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Mike Morella sold 8,143 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $26.69, for a total value of $217,336.67. Following the completion of the transaction, the chief accounting officer now directly owns 81,615 shares of the company’s stock, valued at approximately $2,178,304.35. This trade represents a 9.07 % decrease in their position. The disclosure for this sale can be found here. 15.80% of the stock is owned by insiders.

Vitesse Energy Profile

Vitesse Energy, Inc, together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. It owns and acquires non-operated working interest and royalty interest ownership in the Williston Basin properties located in North Dakota and Montana.