Isq global fund II gp llc sells $14.3m Kinetik Holdings (KNTK) stock By Investing.com

ISQ Global Fund II GP LLC, a 10% owner and director of Kinetik Holdings Inc. (), sold a total of 265,572 shares of Class A Common Stock for approximately $14.35 million across several transactions in mid-September 2026. The sales occurred at prices ranging between $53.5857 and $54.7211 per share. The timing of these sales is notable, as the stock is currently trading near its 52-week high of $56.92, with shares at $53.24.

On September 17, 2026, ISQ Global Fund II GP LLC disposed of 108,977 shares at a weighted average price of $53.8362, with individual transactions occurring between $53.5962 and $54.4072. The following day, September 18, the entity sold an additional 96,262 shares at a weighted average price of $54.0565, with prices ranging from $53.50 to $54.4995. On the same day, another 38,822 shares were sold at a weighted average price of $54.7211, with prices for these transactions between $54.50 and $55.11. The final reported sale occurred on September 21, 2026, involving 21,511 shares at a weighted average price of $53.5857, with prices ranging from $53.50 to $53.69.

Following these transactions, ISQ Global Fund II GP LLC indirectly beneficially owns 448,273 shares of Kinetik Holdings Class A Common Stock. The securities are directly held by Buzzard Midstream LLC, with ISQ Global Fund II GP LLC, as the general partner of the indirect owners of Buzzard Midstream LLC, exercising voting and investment power over these shares. The stock has delivered a 55.69% year-to-date return, according to InvestingPro data, which also indicates the company remains undervalued relative to its Fair Value. For deeper insights into KNTK’s valuation and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro.

In other recent news, Kinetik Holdings L.P. reported impressive second-quarter 2026 earnings, surpassing Wall Street expectations in both profit and revenue. The company achieved adjusted earnings of $0.64 per share, significantly higher than the anticipated $0.25, and reported revenue of $581.44 million, exceeding forecasts of $438.25 million. This strong performance led to a revision of Kinetik’s full-year 2026 adjusted EBITDA guidance to a range of $1.04 billion to $1.1 billion. Additionally, Kinetik announced record quarterly adjusted EBITDA of $281 million, attributing the success to enhanced operations and favorable commodity conditions.

In other developments, Kinetik Holdings is reportedly exploring strategic options, including a potential sale. The company, backed by Blackstone Inc., is working with advisers on this possible sale process, although no final decision has been made. Meanwhile, Clear Street downgraded Kinetik Holdings’ stock rating from Buy to Hold, citing limited upside potential following the stock’s strong performance year-to-date. The firm set a price target of $57.00, reflecting its view on the stock’s future prospects. These recent developments highlight significant strategic and financial activities at Kinetik Holdings.

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