Vistra Corp. Director Scott B. Helm Sells 20,000 Shares

On December 10th, Scott B. Helm, a Director at Vistra Corp. (NYSE:VST), sold 20,000 shares of the company's stock. The shares were sold at an average price of $139.77, amounting to a total of $2,795,400. Following the sale, Helm now holds 343,350 shares of Vistra, currently valued at around $47,990,029.50. This transaction reflects a 5.50% reduction in his ownership stake. The details of the sale were recorded in a legal filing with the Securities and Exchange Commission (SEC), which can be accessed through their official channels.

Vistra Trading Performance

Vistra Corp.'s stock experienced a notable increase, rising 3.2% to reach $146.00. On this particular day, the company recorded a trading volume of 6,122,003 shares, which is slightly lower than its average volume of 6,797,742 shares. The stock has fluctuated dramatically over the past year, with a low of $36.81 and a high of $168.67. Currently, the company has a market capitalization of $49.67 billion, a price-to-earnings (PE) ratio of 27.12, and a debt-to-equity ratio of 4.68. The fifty-day simple moving average stands at $138.80, while the 200-day simple moving average is $105.29.

Dividend Announcement

Vistra Corp. has also declared a quarterly dividend, scheduled to be disbursed on December 31st. Shareholders on record as of December 20th will receive a dividend of $0.221 per share. This marks an increase from the previous quarterly dividend of $0.22, resulting in an annualized dividend of $0.88 and a yield of 0.61%. The firm's current payout ratio sits at 16.42%.

Share Repurchase Program

In a strategic move, Vistra's Board of Directors announced a $1.00 billion share repurchase program on November 7th. This program allows the company to repurchase up to 2.1% of its outstanding shares in the open market. Such repurchase initiatives often indicate that company executives believe the stock is undervalued.

Institutional Investor Activity

Recent activity from institutional investors shows a mix of buying and selling of Vistra shares. The Retirement Systems of Alabama increased its stake by 9.6% during the third quarter and now owns 78,965 shares valued at approximately $9,361,000. New investments were also made by other firms, with purchasing activities totaling several million dollars. Overall, institutional investors hold 90.88% of Vistra's stock.

Analyst Ratings

Vistra has drawn attention from several financial analysts. Jefferies Financial Group recently raised its price target for Vistra from $99.00 to $137.00 and issued a "buy" rating. UBS Group lowered its target price from $157.00 to $150.00 while maintaining a "buy" rating. Multiple analysts have set their price targets for Vistra, with an average price target of $149.10 based on current evaluations. In total, ten analysts have rated Vistra with a "buy" designation, reflecting positive sentiment in the market.

About Vistra Corp.

Vistra Corp. operates as an integrated retail electricity and power generation company. Its operations encompass six segments: Retail, Texas, East, West, Sunset, and Asset Closure. The company provides electricity and natural gas to various types of customers, including residential, commercial, and industrial clients across the United States and the District of Columbia.

Vistra, Helm, Shares