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VST

Vistra Corp.

At today's price, Vistra Corp. (VST) is priced for today's economics sustained for ~7.1 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~7.1 years
Priced In
elevated

Key Takeaways

• Vistra is a merchant power company, not a regulated utility, which means it sells electricity at market prices and lives or dies on the spread between what its plants cost to run and what power fetches; its nuclear and gas fleet is now selling into a tightening grid. • The defining risk is leverage against volatility: net debt sits above $18 billion, more than five times operating income, on a business whose earnings swing with weather and commodity prices. • What to watch is the data-center p

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Institutional ownership

1,274 institutional managers reported holding VST in 13F filings for the quarter ended 2026-03-31. Together they hold about 79% of the company; the top 10 hold 41%. 161 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 15.4M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.7 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

VST has cut its share count 30.5% over the past five years, spending $6.30B on repurchases. It pays a dividend, and has for 7 years running, raised 6 years straight; the current rate is $0.90 a share annually. Cash returned over the past three years: $848.00M in dividends and $3.39B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at VST over the trailing three years: 2024: 1 buy totaling $30k; 2025: 1 buy totaling $190k. 18 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

VST's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-03-02-3.2%+8.8%
2023-05-10+7.9%+6.1%
2023-08-10+6.5%+3.6%
2023-11-08-1.9%+10.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

VST's latest 8-K filings: 2026-07-16 (items 1.01, 2.03, 9.01); 2026-07-14 (items 8.01); 2026-06-30 (items 1.01, 2.03, 9.01); 2026-05-07 (items 2.02, 9.01); 2026-05-04 (items 5.07).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.