Overview

• Treasury Partners’ Rich Saperstein told CNBC he favors Vistra as part of an energy allocation tied to data-center demand and cited 9% to 11% operating cash flows.
• He said Vistra has retired roughly 30% of its share float since 2021 through buybacks, highlighting what he called effective capital deployment.
• Carillon Eagle Mid Cap Growth Fund’s Q2 2025 letter linked Vistra’s share gains to rising forecasts for electricity demand driven by artificial intelligence.
• The fund described potential future power purchase agreements with large technology companies as a tailwind for sentiment, noting that such deals have not been announced.
• A separate Yahoo Finance report noted CEO James A. Burke sold about $9.1 million in stock on Sept. 16–17 after exercising options, and he still holds more than 227,000 shares.