Kinetik (KNTK) 10% Owner LLC Sells $110M of Stock

ISQ Global Fund II GP LLC sold 2 million shares of Kinetik Holdings Inc. (NYSE: KNTK) on October 13, 2026, for about $109.54 million. This sale comes after the fund had previously sold smaller amounts of shares earlier in the month.

Inside ISQ Global Fund II GP LLC's Trade

The sale on October 13 involved 2 million shares at a price of $54.77 each. This transaction is significant as it represents a considerable portion of the fund's holdings, showcasing a strategic move in the energy sector.

Other Institutional Activity in Kinetik Holdings Inc.

Several other institutional investors have made noteworthy moves in Kinetik Holdings recently. Blackrock Inc. increased its stake by 1,585,105 shares, bringing its total to 8,595,744 shares valued at about $475.34 million. Meanwhile, Goldman Sachs Group Inc. added 369,250 shares, holding 4,260,188 shares worth approximately $235.59 million. Vanguard Portfolio Management LLC also grew its holdings by 389,993 shares, totaling 3,242,907 shares valued at around $179.33 million.

Kinetik Holdings Inc. Stock Up 2.2%

Kinetik Holdings is currently trading around $54.62 as of October 16, 2026. This price is above both its 50-day and 200-day moving averages, indicating a strong performance over the short and long term. However, it is still 4% below its 52-week high of $56.92, suggesting some room for growth.

Recent Earnings

Kinetik Holdings reported trailing twelve-month revenue of approximately $1.89 billion, with a net margin of 29.2%. The company is set to announce its next earnings report on November 4, 2026.

Insider Buying and Selling at Kinetik Holdings Inc.

On October 8, 2026, ISQ Global Fund II GP LLC sold 119,203 shares at an average price of $54.29, totaling about $6.47 million. Just days before the larger sale, on October 12, they sold an additional 38,377 shares for approximately $2.08 million. The recent activity shows a pattern of significant selling by this major shareholder.

Analysts Set New Price Targets

On October 13, 2026, Barclays maintained a rating of 'Equal-Weight' for Kinetik Holdings with a price target of $56.00. Earlier in August, Citigroup and Truist Securities both maintained 'Buy' ratings with price targets of $55.00 and $59.00, respectively. The consensus among analysts is a 'buy' with a mean price target of $58.75.

About Kinetik Holdings Inc.

Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. It provides services such as gathering, processing, and transporting natural gas and crude oil. The recent insider sales reflect strategic adjustments by major stakeholders in a growing energy market.

Bottom Line

Investors should keep an eye on Kinetik Holdings as it prepares for its earnings report on November 4, 2026. The recent insider trading activity may influence future stock movements, along with ongoing analyst ratings and market conditions.