Jason Joseph Martinez Sells 700 Shares of Gulfport Energy Corp (NYSE:GPOR) Stock

Gulfport Energy Corp (NYSE:GPOR) Director Jason Joseph Martinez sold 700 shares of the stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $193.69, for a total transaction of $135,583.00. Following the sale, the director now owns 4,888 shares of the company’s stock, valued at approximately $946,756.72. This represents a 12.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Gulfport Energy Stock Up 1.2%

Shares of Gulfport Energy stock opened at $190.89 on Friday. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of -10.72 and a beta of 0.64. Gulfport Energy Corp has a one year low of $130.02 and a one year high of $201.18.

Wall Street Analyst Weigh In

GPOR has been the subject of a number of recent research reports. KeyCorp reiterated an “overweight” rating and set a $215.00 price target (up previously from $205.00) on shares of Gulfport Energy in a research note on Thursday, May 22nd. Bank of America upped their price objective on shares of Gulfport Energy from $217.00 to $218.00 and gave the stock a “buy” rating in a research report on Friday, May 23rd. Finally, Wall Street Zen downgraded shares of Gulfport Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, June 3rd.

Hedge Funds Weigh In On Gulfport Energy

A hedge fund recently bought a new stake in Gulfport Energy stock. Strs Ohio acquired a new position in shares of Gulfport Energy Corp (NYSE:GPOR) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,300 shares of the company’s stock, valued at approximately $239,000.

About Gulfport Energy

Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.