HighPeak Energy Inc (NASDAQ: HPK) is 0.41% higher on its value in year-to-date trading and has touched a low of $12.47 and a high of $17.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HPK stock was last observed hovering at around $14.78 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $14.76, the stock is 1.42% and 1.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -0.14% at the moment leaves the stock -0.07% off its SMA200. HPK registered 10.23% gain for a year compared to 6-month loss of -12.87%. The firm has a 50-day simple moving average (SMA 50) of $14.5388 and a 200-day simple moving average (SMA200) of $14.769775.
The stock witnessed a 3.94% gain in the last 1 month and extending the period to 3 months gives it a 3.36%, and is 2.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.35% over the week and 3.38% over the month.
HighPeak Energy Inc (HPK) has around 48 employees, a market worth around $1.87B and $1.14B in sales. Current P/E ratio is 11.72 and Fwd P/E is 17.31. Profit margin for the company is 14.38%. Distance from 52-week low is 18.36% and -15.56% from its 52-week high. The company has generated returns on investments over the last 12 months (6.38%).
with sales reaching $247.32M over the same period.The EPS is expected to shrink by -43.04% this year, but quarterly earnings will post -2.66% year-over-year. Quarterly sales are estimated to shrink -17.88% in year-over-year returns.
HighPeak Energy Inc (HPK) Top Institutional Holders
155.0 institutions hold shares in HighPeak Energy Inc (HPK), with institutional investors hold 140.07% of the company’s shares. The shares outstanding are 126.63M, and float is at 18.56M with Short Float at 27.44%. Institutions hold 20.60% of the Float.
The top institutional shareholder in the company is U.S. CAPITAL WEALTH ADVISORS, LLC with over 13.89 million shares valued at $195.23 million. The investor’s holdings represent 11.0466% of the HPK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.02 million shares valued at $28.41 million to account for 1.6076 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.17 million shares representing 0.9295% and valued at over $16.43 million, while EIGHT 31 FINANCIAL LLC holds 0.7139 of the shares totaling 0.9 million with a market value of $12.62 million.
HighPeak Energy Inc (HPK) Insider Activity
The most recent transaction is an insider purchase by HIGHTOWER JACK, the company’s Chief Executive Officer. SEC filings show that HIGHTOWER JACK bought 17,262 shares of the company’s common stock on Nov 08 ’24 at a price of $14.03 per share for a total of $0.24 million. Following the purchase, the insider now owns 4.98 million shares.
HighPeak Energy Inc disclosed in a document filed with the SEC on Sep 20 ’24 that HIGHTOWER JACK (Chief Executive Officer) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Sep 20 ’24 and was made at $15.54 per share for $1.55 million. Following the transaction, the insider now directly holds 4.96 million shares of the HPK stock.
Still, SEC filings show that on Sep 03 ’24, HIGHTOWER JACK (Chief Executive Officer) acquired 36,078 shares at an average price of $15.25 for $0.55 million. The insider now directly holds 4,859,255 shares of HighPeak Energy Inc (HPK).
