Insider Selling: Vistra (NYSE:VST) Director Sells $1,105,000.00 in Stock

Vistra Corp. (NYSE:VST) Director John Sult sold 6,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the completion of the sale, the director owned 70,714 shares in the company, valued at approximately $12,021,380. This represents a 8.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vistra Price Performance

Shares of NYSE:VST opened at $167.35 on Friday. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The company’s 50 day moving average is $154.81 and its 200 day moving average is $159.34. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The company has a market cap of $56.43 billion, a PE ratio of 28.03 and a beta of 1.40.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. The business had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. On average, sell-side analysts forecast that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be issued a dividend of $0.229 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.5%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s dividend payout ratio is 15.41%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Morgan Stanley reissued an “overweight” rating and issued a $210.00 price objective on shares of Vistra in a report on Wednesday. Sanford C. Bernstein set a $187.00 target price on Vistra and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Raymond James Financial set a $208.00 target price on Vistra in a report on Monday, April 27th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $230.00 price target on shares of Vistra in a research report on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $230.31.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in VST. Western Wealth Management LLC raised its position in Vistra by 58.7% during the first quarter. Western Wealth Management LLC now owns 3,383 shares of the company’s stock worth $509,000 after acquiring an additional 1,251 shares during the period. Wealth High Governance Capital Ltda acquired a new stake in shares of Vistra in the first quarter valued at about $10,543,000. Wealth High Governance Asset Management Ltda. purchased a new stake in shares of Vistra during the first quarter worth about $8,980,000. Pine Valley Investments Ltd Liability Co increased its stake in shares of Vistra by 779.5% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 11,425 shares of the company’s stock worth $1,718,000 after purchasing an additional 10,126 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of Vistra by 15.4% during the 1st quarter. Parallel Advisors LLC now owns 5,472 shares of the company’s stock worth $823,000 after purchasing an additional 730 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

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.