Gulfport Energy Corp. (NASDAQ:GPOR) shot up 1.8% on Friday . The stock traded as high as $28.47 and last traded at $28.29, with a volume of 1,858,306 shares. The stock had previously closed at $27.79.

Several brokerages have recently weighed in on GPOR. KeyCorp decreased their target price on shares of Gulfport Energy Corp. from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Monday, August 22nd. Jefferies Group upgraded shares of Gulfport Energy Corp. from an “underperform” rating to a “hold” rating in a research note on Friday, August 19th. Morgan Stanley reiterated a “hold” rating and set a $40.00 target price on shares of Gulfport Energy Corp. in a research note on Friday, August 5th. Barclays PLC increased their price target on shares of Gulfport Energy Corp. from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, August 5th. Finally, KLR Group raised shares of Gulfport Energy Corp. from an “accumulate” rating to a “buy” rating and cut their price target for the stock from $39.00 to $37.00 in a report on Friday, August 5th. Nine research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. Gulfport Energy Corp. presently has a consensus rating of “Buy” and an average price target of $36.75.

The company’s market cap is $3.58 billion. The firm’s 50-day moving average price is $28.46 and its 200 day moving average price is $28.99.

Gulfport Energy Corp. (NASDAQ:GPOR) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.11. Equities research analysts expect that Gulfport Energy Corp. will post $0.63 earnings per share for the current year.

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

A hedge fund recently raised its stake in Gulfport Energy Corp. stock. I.G. Investment Management LTD. raised its position in Gulfport Energy Corp. (NASDAQ:GPOR) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,720 shares of the company’s stock after buying an additional 545 shares during the period. I.G. Investment Management LTD. owned about 0.07% of Gulfport Energy Corp. worth $1,910,000 at the end of the most recent 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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