Vistra Corp. (NYSE:VST – Get Free Report)’s stock price dropped 1.8% on Wednesday . The company traded as low as $169.61 and last traded at $170.54. Approximately 3,612,790 shares were traded during trading, a decline of 43% from the average daily volume of 6,363,482 shares. The stock had previously closed at $173.68.
Analyst Ratings Changes
VST has been the topic of a number of recent research reports. UBS Group upped their price target on shares of Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Bank of America lowered their target price on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Wells Fargo & Company reduced their price target on Vistra from $238.00 to $236.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. dropped their price objective on Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a report on Tuesday, December 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $237.53.
Check Out Our Latest Stock Report on Vistra
Vistra Price Performance
Insider Buying and Selling
In other news, CEO James A. Burke sold 22,251 shares of Vistra stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the completion of the sale, the chief executive officer directly owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. The trade was a 6.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $173.35, for a total value of $1,424,763.65. Following the completion of the transaction, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.42% of the company’s stock.
Institutional Investors Weigh In On Vistra
Several hedge funds have recently added to or reduced their stakes in the company. Galaxy Group Investments LLC bought a new position in shares of Vistra during the 4th quarter valued at about $43,000. EP Wealth Advisors LLC purchased a new stake in Vistra in the fourth quarter worth approximately $1,342,000. Mackenzie Financial Corp grew its position in Vistra by 6.0% during the fourth quarter. Mackenzie Financial Corp now owns 55,745 shares of the company’s stock valued at $9,047,000 after acquiring an additional 3,141 shares during the last quarter. CacheTech Inc. grew its position in Vistra by 8.4% during the fourth quarter. CacheTech Inc. now owns 1,811 shares of the company’s stock valued at $293,000 after acquiring an additional 140 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Vistra by 140.9% during the fourth quarter. NewEdge Advisors LLC now owns 285,156 shares of the company’s stock worth $46,004,000 after acquiring an additional 166,803 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.
About Vistra
Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.
Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.
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