Steven Stellato, who serves as executive vice president, chief accounting officer and administrative officer at Kinetik Holdings Inc (NASDAQ:KNTK), sold 2,907 shares of the company\'s Class A Common Stock on March 4, 2026, at a price of $46.92 per share. The disposal produced $136,396 in proceeds. Following the transaction, Stellato directly owns 393,382 shares of Kinetik Holdings.
The company\'s shares currently trade at a price-to-earnings ratio of 17.42 and offer a dividend yield of 7.11%. Year to date, the stock has gained 29%.
The sale was executed specifically to cover tax withholding obligations tied to the vesting of shares that were awarded in place of cash for the 2025 annual incentive award. No other motivation for the disposition was disclosed.
Valuation and third-party commentary
According to InvestingPro analysis, Kinetik appears undervalued at current levels. That analysis notes the availability of 10 additional ProTips for subscribers, along with comprehensive Fair Value analysis and Pro Research Reports.
Recent financial performance
In related corporate news, Kinetik Holdings announced financial results for the fourth quarter of 2025. The company reported earnings per share of $2.16, substantially ahead of analysts\' expectations of $0.33, representing an EPS surprise of 554.55%. Revenue for the quarter totaled $430.42 million, below the consensus forecast of $476.77 million, a shortfall of 9.72%.
While the EPS outcome materially exceeded expectations, the revenue miss highlights a mixed set of results. Investors appeared optimistic about the company\'s profitability and strategic direction following the report, despite the top-line decline.
Takeaway
The insider sale by Stellato was limited in size relative to his remaining holdings and was conducted to meet tax obligations arising from an award-vesting event. Kinetik\'s most recent quarter showed a pronounced divergence between profit metrics and revenue performance, and external analysis cited in this report characterizes the stock as potentially undervalued while offering additional proprietary research to subscribers.