Isq Global Fund Ii Gp Llc Sells 868 Shares of Kinetik (NYSE:KNTK) Stock

Kinetik Holdings Inc. (NYSE:KNTK) major shareholder Isq Global Fund Ii Gp Llc sold 868 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $48.01, for a total transaction of $41,672.68. Following the sale, the insider owned 1,338,933 shares of the company’s stock, valued at $64,282,173.33. This trade represents a 0.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own more than 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 Wednesday, April 29th, Isq Global Fund Ii Gp Llc sold 183,434 shares of Kinetik stock. The stock was sold at an average price of $49.53, for a total transaction of $9,085,486.02.
• On Tuesday, April 28th, Isq Global Fund Ii Gp Llc sold 192,041 shares of Kinetik stock. The stock was sold at an average price of $48.56, for a total transaction of $9,325,510.96.
• On Wednesday, April 22nd, Isq Global Fund Ii Gp Llc sold 21,429 shares of Kinetik stock. The stock was sold at an average price of $48.02, for a total transaction of $1,029,020.58.
• On Thursday, April 23rd, Isq Global Fund Ii Gp Llc sold 138,771 shares of Kinetik stock. The stock was sold at an average price of $48.17, for a total transaction of $6,684,599.07.
• On Thursday, February 26th, Isq Global Fund Ii Gp Llc sold 4,000,000 shares of Kinetik stock. The stock was sold at an average price of $44.85, for a total transaction of $179,400,000.00.

Kinetik Stock Performance

Shares of KNTK opened at $50.46 on Friday. Kinetik Holdings Inc. has a fifty-two week low of $31.33 and a fifty-two week high of $51.11. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 1.57 and a beta of 0.66. The firm has a 50-day simple moving average of $46.59 and a 200-day simple moving average of $40.45.

Kinetik (NYSE:KNTK) last announced its earnings results on Thursday, February 26th. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $2.01. Kinetik had a net margin of 29.23% and a negative return on equity of 32.70%. The business had revenue of $430.42 million during the quarter. During the same quarter last year, the company posted $0.01 EPS. Kinetik’s quarterly revenue was up 11.5% on a year-over-year basis. Equities research analysts forecast that Kinetik Holdings Inc. will post 1.01 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on KNTK shares. Wolfe Research downgraded shares of Kinetik from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Barclays raised their price objective on shares of Kinetik from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Friday, April 10th. UBS Group reduced their price objective on shares of Kinetik from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Wells Fargo & Company upgraded shares of Kinetik from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $47.00 to $52.00 in a research report on Wednesday, March 25th. Finally, Zacks Research upgraded shares of Kinetik from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.33.

Key Headlines Impacting Kinetik

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: Kinetik’s last reported quarter showed a material earnings beat and revenue growth (EPS well above consensus, revenue up ~11.5%), which supports upside sentiment and helps explain buying interest from some funds. MarketBeat KNTK summary
• Positive Sentiment: Institutional accumulation and constructive analyst coverage: several large investors have recently added or increased positions (Zimmer Partners, Wellington, Cushing, Cohen & Steers) and some brokers have set Buy/Outperform targets or raised price objectives — a bullish backdrop for demand. MarketBeat KNTK summary
• Neutral Sentiment: Pre-earnings commentary and screeners: some research pieces (Zacks, Kalkine) are mixed — Zacks notes Kinetik may not have the “right combination” for a clear upcoming beat, while other retail-focused write-ups flag KNTK as one to watch; these items generate attention but are not immediate catalysts. Zacks preview KalkineMedia piece
• Neutral Sentiment: Sectored/peer results: nearby midstream/drilling company updates (e.g., ProPetro) can influence sentiment for energy names generally but are second‑order drivers for KNTK specifically. ProPetro results
• Negative Sentiment: Large insider/major‑holder selling is a clear headwind: Isq Global Fund II GP LLC has sold substantial blocks over late April (multiple days including Apr 28–29) and earlier (Feb 26 sale of 4M shares). Those disclosed sales total many millions of dollars and reduce the major holder’s stake materially — this can add supply pressure and weigh on sentiment. SEC filing: SEC Form 4
• Negative Sentiment: Recent small disclosed sale (Apr 27) by the same major shareholder continues the theme of ongoing monetization (aggregate reduction in position). InsiderTrades alert

Institutional Investors Weigh In On Kinetik

Hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC grew its stake in Kinetik by 89.8% in the 4th quarter. CWM LLC now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 352 shares during the period. Signaturefd LLC grew its stake in Kinetik by 101.5% in the 4th quarter. Signaturefd LLC now owns 802 shares of the company’s stock worth $29,000 after acquiring an additional 404 shares during the period. Kestra Advisory Services LLC purchased a new stake in Kinetik in the 4th quarter worth approximately $33,000. Los Angeles Capital Management LLC purchased a new stake in Kinetik in the 4th quarter worth approximately $40,000. Finally, Huntington National Bank grew its stake in Kinetik by 139.1% in the 4th quarter. Huntington National Bank now owns 1,222 shares of the company’s stock worth $44,000 after acquiring an additional 711 shares during the period. 21.11% of the stock is currently owned by institutional investors and hedge funds.

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.