Traders purchased 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 equities 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

Several analysts have weighed in on GPOR shares. KLR Group cut Gulfport Energy Corp. from a “buy” rating to an “accumulate” rating and set a $34.00 price objective on the stock. in a research report on Monday, June 13th. Jefferies Group reissued a “buy” rating on shares of Gulfport Energy Corp. in a research report on Sunday, May 22nd. Sterne Agee CRT reissued a “buy” rating on shares of Gulfport Energy Corp. in a research report on Monday, May 16th. Credit Suisse Group AG reissued a “buy” rating on shares of Gulfport Energy Corp. in a research report on Sunday, May 8th. Finally, Zacks Investment Research raised Gulfport Energy Corp. from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Tuesday, June 28th. Eight analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $37.80.

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

Gulfport Energy Corp. (NASDAQ:GPOR) last posted its 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. On average, analysts forecast that Gulfport Energy Corp. will post $0.49 earnings per share for the current fiscal year.

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

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the stock. BlackRock Advisors LLC boosted its position in 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. Marshall Wace LLP boosted 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. Wells Fargo & Company MN boosted its position in Gulfport Energy Corp. by 31.8% in the fourth quarter. Wells Fargo & Company MN now owns 717,796 shares of the company’s stock worth $17,637,000 after buying an additional 173,146 shares during the last quarter. UBS Oconnor LLC purchased a new position in Gulfport Energy Corp. during the fourth quarter worth $3,705,000. Finally, Systematic Financial Management LP boosted 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.

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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