Investors bought shares of Gulfport Energy Corp. (NASDAQ:GPOR) on weakness during trading on Friday. $31.07 million flowed into the stock on the tick-up and $15.93 million flowed out of the stock on the tick-down, for a money net flow of $15.14 million into the stock. Of all stocks tracked, Gulfport Energy Corp. had the 19th highest net in-flow for the day. Gulfport Energy Corp. traded down ($0.60) for the day and closed at $26.21

GPOR has been the subject of a number of analyst reports. Scotiabank reiterated a “sector outperform” rating and set a $34.00 price objective (up from $33.00) on shares of Gulfport Energy Corp. in a report on Saturday, May 7th. Howard Weil lifted their price objective on shares of Gulfport Energy Corp. from $33.00 to $34.00 and gave the company a “sector outperform” rating in a report on Friday, May 6th. Piper Jaffray Cos. initiated coverage on shares of Gulfport Energy Corp. in a report on Friday, July 8th. They set an “overweight” rating and a $40.00 price objective for the company. Zacks Investment Research cut shares of Gulfport Energy Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, April 20th. Finally, Wunderlich lifted their price objective on shares of Gulfport Energy Corp. from $35.00 to $40.00 and gave the company a “buy” rating in a report on Monday, June 27th. Eight equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $37.80.

The company’s market capitalization is $3.29 billion. The company has a 50-day moving average price of $30.38 and a 200-day moving average price of $28.98.

Gulfport Energy Corp. (NASDAQ:GPOR) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.11. Equities analysts expect that Gulfport Energy Corp. will post $0.46 earnings per share for the current year.

In other news, VP Stuart Maier sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 20th. The shares were sold at an average price of $33.35, for a total transaction of $333,500.00. Following the sale, the vice president now owns 20,366 shares of the company’s stock, valued at approximately $679,206.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael G. Moore sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, June 15th. The shares were sold at an average price of $32.95, for a total transaction of $659,000.00. Following the sale, the chief executive officer now directly owns 226,175 shares in the company, valued at approximately $7,452,466.25. The disclosure for this sale can be found here.

Several hedge funds recently made changes to their positions in GPOR. BlackRock Advisors LLC increased its stake in shares of Gulfport Energy Corp. by 17.0% in the fourth quarter. BlackRock Advisors LLC now owns 3,093,138 shares of the company’s stock worth $75,998,000 after buying an additional 450,034 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in Gulfport Energy Corp. by 79.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 131,001 shares of the company’s stock worth $3,219,000 after buying an additional 58,094 shares during the last quarter. I.G. Investment Management LTD. increased its position in Gulfport Energy Corp. by 0.7% in the fourth quarter. I.G. Investment Management LTD. now owns 77,720 shares of the company’s stock worth $1,910,000 after buying an additional 545 shares during the last quarter. Systematic Financial Management LP increased its position in Gulfport Energy Corp. by 16.5% in the fourth quarter. Systematic Financial Management LP now owns 434,682 shares of the company’s stock worth $10,680,000 after buying an additional 61,471 shares during the last quarter. Finally, Marshall Wace LLP increased its position in Gulfport Energy Corp. by 997.6% in the fourth quarter. Marshall Wace LLP now owns 390,960 shares of the company’s stock worth $9,606,000 after buying an additional 355,341 shares during the last quarter.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Company has an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects.

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