Insider Selling: Kinetik (NYSE:KNTK) Major Shareholder Sells $3,525,259.36 in Stock

Kinetik Holdings Inc. (NYSE:KNTK) major shareholder Isq Global Fund Ii Gp Llc sold 64,898 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $54.32, for a total value of $3,525,259.36. Following the completion of the transaction, the insider directly owned 928,894 shares in the company, valued at approximately $50,457,522.08. This represents a 6.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Isq Global Fund Ii Gp Llc also recently made the following trade(s):

• On Thursday, August 20th, Isq Global Fund Ii Gp Llc sold 3,107 shares of Kinetik stock. The stock was sold at an average price of $55.07, for a total value of $171,102.49.
• On Monday, August 17th, Isq Global Fund Ii Gp Llc sold 135,102 shares of Kinetik stock. The stock was sold at an average price of $52.78, for a total value of $7,130,683.56.
• On Friday, August 14th, Isq Global Fund Ii Gp Llc sold 112,160 shares of Kinetik stock. The shares were sold at an average price of $53.48, for a total transaction of $5,998,316.80.
• On Thursday, August 13th, Isq Global Fund Ii Gp Llc sold 113,075 shares of Kinetik stock. The shares were sold at an average price of $51.60, for a total transaction of $5,834,670.00.
• On Wednesday, August 12th, Isq Global Fund Ii Gp Llc sold 84,701 shares of Kinetik stock. The stock was sold at an average price of $51.52, for a total transaction of $4,363,795.52.
• On Tuesday, August 11th, Isq Global Fund Ii Gp Llc sold 147,516 shares of Kinetik stock. The stock was sold at an average price of $52.03, for a total transaction of $7,675,257.48.
• On Monday, August 10th, Isq Global Fund Ii Gp Llc sold 78,474 shares of Kinetik stock. The stock was sold at an average price of $50.87, for a total transaction of $3,991,972.38.
• On Friday, August 7th, Isq Global Fund Ii Gp Llc sold 26,550 shares of Kinetik stock. The shares were sold at an average price of $50.24, for a total transaction of $1,333,872.00.
• On Thursday, August 6th, Isq Global Fund Ii Gp Llc sold 235,349 shares of Kinetik stock. The shares were sold at an average price of $50.52, for a total transaction of $11,889,831.48.
• On Monday, August 3rd, Isq Global Fund Ii Gp Llc sold 2,175 shares of Kinetik stock. The stock was sold at an average price of $50.04, for a total transaction of $108,837.00.

Kinetik Trading Up 0.2%

Shares of KNTK opened at $54.48 on Friday. Kinetik Holdings Inc. has a 12 month low of $31.33 and a 12 month high of $56.10. The firm’s 50 day moving average is $49.68 and its 200-day moving average is $47.52. The stock has a market capitalization of $8.85 billion, a PE ratio of 19.74, a P/E/G ratio of 1.35 and a beta of 0.56.

Kinetik (NYSE:KNTK) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.45. The company had revenue of $581.44 million during the quarter, compared to the consensus estimate of $421.48 million. Kinetik had a net margin of 26.19% and a negative return on equity of 38.96%. The firm’s quarterly revenue was up 36.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.33 earnings per share. Equities research analysts predict that Kinetik Holdings Inc. will post 1.3 earnings per share for the current fiscal year.

Key Headlines Impacting Kinetik

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts for Kinetik across every reported period, including Q3 2026 to $0.34 from $0.33, Q4 2026 to $0.41 from $0.34, and 2027 quarters to $0.45, $0.47, $0.53 and $0.58. The firm maintained a “Strong-Buy” rating, suggesting greater confidence in Kinetik’s earnings trajectory. Kinetik analyst estimates
• Positive Sentiment: Kinetik’s latest quarterly results exceeded expectations by a wide margin. EPS was $0.64 versus the $0.19 consensus estimate, while revenue reached $581.44 million compared with forecasts of $421.48 million. Revenue increased 36.3% year over year, supporting the bullish analyst revisions. Kinetik earnings results
• Neutral Sentiment: Institutional ownership trends were mixed. Several investors, including Bank of New York Mellon, Pinnacle Holdings and Amundi, initiated or increased positions, but institutional and hedge-fund ownership remains relatively limited at 21.11%.
• Negative Sentiment: Major shareholder ISQ Global Fund II GP LLC sold another 3,107 Kinetik shares for approximately $171,000 on August 20, following a sale of 64,898 shares worth about $3.5 million on August 18. The fund has sold more than 1 million shares in a series of recent transactions, creating potential supply pressure and raising concerns about shareholder conviction. Kinetik major shareholder sales

Analysts Set New Price Targets

A number of research firms have recently weighed in on KNTK. Royal Bank Of Canada reiterated an “outperform” rating and set a $57.00 target price (up from $56.00) on shares of Kinetik in a research report on Tuesday, August 11th. US Capital Advisors upgraded Kinetik from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, May 29th. Clear Str downgraded Kinetik from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. Truist Financial upped their price objective on shares of Kinetik from $53.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Finally, Tudor Pickering initiated coverage on shares of Kinetik in a research note on Monday, July 20th. They set a “buy” rating and a $57.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Kinetik currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.27.

Hedge Funds Weigh In On Kinetik

Several hedge funds and other institutional investors have recently modified their holdings of KNTK. NEOS Investment Management LLC lifted its position in shares of Kinetik by 30.9% during the 2nd quarter. NEOS Investment Management LLC now owns 392,128 shares of the company’s stock worth $18,955,000 after buying an additional 92,637 shares during the last quarter. iSAM Funds UK Ltd grew its position in Kinetik by 11.9% in the second quarter. iSAM Funds UK Ltd now owns 6,400 shares of the company’s stock valued at $309,000 after acquiring an additional 680 shares during the last quarter. Nykredit A S bought a new position in Kinetik in the second quarter valued at about $109,000. Pinnacle Holdings LLC bought a new position in Kinetik in the second quarter valued at about $4,476,000. Finally, Bank of New York Mellon Corp acquired a new position in Kinetik during the second quarter worth about $17,364,000. Institutional investors own 21.11% of the company’s stock.

Kinetik Company Profile

Kinetik (NYSE: KNTK) is a publicly listed midstream energy company focused on the development, operation and management of natural gas infrastructure across the United States. The company’s core business activities include the gathering, compression, processing, storage and transportation of natural gas, serving producers, utilities and industrial consumers. By integrating a suite of midstream services under a single platform, Kinetik aims to provide efficient, cost-effective and reliable solutions across the natural gas value chain.

The company was established in 2021 when assets were acquired from Talen Energy by a subsidiary of ArcLight Capital Partners, forming a comprehensive portfolio of pipelines, compression facilities and underground storage assets.