Kornitzer Capital Management Inc. KS increased its position in shares of Vaalco Energy Inc. (NYSE:EGY) by 0.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,452,110 shares of the energy company’s stock after buying an additional 75 shares during the period. Kornitzer Capital Management Inc. KS owned approximately 0.08% of Vaalco Energy worth $4,719,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Lone Star Value Management LLC bought a new position in shares of Vaalco Energy during the first quarter worth approximately $236,000. Spark Investment Management LLC raised its stake in Vaalco Energy by 101.9% in the first quarter. Spark Investment Management LLC now owns 376,000 shares of the energy company’s stock worth $353,000 after buying an additional 189,800 shares during the period. Royal Bank of Canada raised its stake in Vaalco Energy by 37.1% in the first quarter. Royal Bank of Canada now owns 402,128 shares of the energy company’s stock worth $378,000 after buying an additional 108,915 shares during the period. Adams Asset Advisors LLC raised its stake in Vaalco Energy by 18.1% in the second quarter. Adams Asset Advisors LLC now owns 592,407 shares of the energy company’s stock worth $627,000 after buying an additional 90,909 shares during the period. Finally, Renaissance Technologies LLC raised its stake in Vaalco Energy by 160.8% in the first quarter. Renaissance Technologies LLC now owns 692,724 shares of the energy company’s stock worth $651,000 after buying an additional 427,102 shares during the period. 43.15% of the stock is currently owned by institutional investors and hedge funds.
Vaalco Energy Inc. (NYSE:EGY) traded down 0.0111% during mid-day trading on Tuesday, reaching $0.8999. The company’s stock had a trading volume of 340,605 shares. The company has a 50 day moving average of $0.95 and a 200-day moving average of $1.02. Vaalco Energy Inc. has a 52-week low of $0.76 and a 52-week high of $2.22. The stock’s market cap is $52.54 million.
In other Vaalco Energy news, Director Alfred John Jr. Knapp bought 30,000 shares of the firm’s stock in a transaction on Tuesday, August 23rd. The stock was purchased at an average cost of $1.03 per share, with a total value of $30,900.00. Following the completion of the purchase, the director now owns 193,042 shares in the company, valued at $198,833.26. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.40% of the stock is owned by company insiders.
Vaalco Energy Company Profile
VAALCO Energy, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas. Its segments include Gabon, Angola, Equatorial Guinea, the United States, and Corporate and other, which includes corporate and operations support.
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