Key Points
- EVP Chad Roberts sold 54,706 shares on Feb. 3 at $22.39 (≈$1.225M) and has executed multiple insider sales since November, cutting his stake by about 44.95% to 67,008 shares.
- Quarterly dividend announced: Flowco will pay $0.08 per share on Feb. 25 to holders of record on Feb. 13, implying a $0.32 annualized payout and a ~1.4% yield.
- Analyst sentiment is moderately positive — MarketBeat shows a consensus “Moderate Buy” with a $28.20 target, and recent price targets range from $25–$30 by several brokers.
Flowco Holdings Inc. (NYSE:FLOC - Get Free Report) EVP Chad Roberts sold 54,706 shares of Flowco stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $22.39, for a total value of $1,224,867.34. Following the completion of the transaction, the executive vice president directly owned 67,008 shares in the company, valued at $1,500,309.12. This represents a 44.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Chad Roberts also recently made the following trade(s):
- On Monday, February 2nd, Chad Roberts sold 8,300 shares of Flowco stock. The stock was sold at an average price of $21.45, for a total transaction of $178,035.00.
- On Friday, January 23rd, Chad Roberts sold 40,884 shares of Flowco stock. The shares were sold at an average price of $21.47, for a total transaction of $877,779.48.
- On Thursday, January 8th, Chad Roberts sold 23,428 shares of Flowco stock. The stock was sold at an average price of $19.34, for a total transaction of $453,097.52.
- On Wednesday, January 7th, Chad Roberts sold 72 shares of Flowco stock. The shares were sold at an average price of $19.30, for a total transaction of $1,389.60.
- On Monday, January 5th, Chad Roberts sold 7,400 shares of Flowco stock. The stock was sold at an average price of $19.32, for a total transaction of $142,968.00.
- On Friday, December 12th, Chad Roberts sold 9,253 shares of Flowco stock. The shares were sold at an average price of $19.30, for a total value of $178,582.90.
- On Thursday, December 4th, Chad Roberts sold 19,457 shares of Flowco stock. The stock was sold at an average price of $18.62, for a total value of $362,289.34.
- On Wednesday, November 5th, Chad Roberts sold 55,173 shares of Flowco stock. The shares were sold at an average price of $18.26, for a total value of $1,007,458.98.
Flowco Stock Performance
Shares of NYSE:FLOC opened at $22.56 on Wednesday. The company has a market cap of $2.02 billion and a P/E ratio of 7.52. Flowco Holdings Inc. has a one year low of $14.03 and a one year high of $29.14. The business's 50-day simple moving average is $18.97 and its 200 day simple moving average is $17.22. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.33 and a current ratio of 2.90.
Flowco Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Friday, February 13th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 13th. Flowco's payout ratio is presently 10.67%.
Analysts Set New Price Targets
A number of brokerages have commented on FLOC. Jefferies Financial Group reiterated a "buy" rating and issued a $30.00 price objective on shares of Flowco in a report on Monday. BMO Capital Markets boosted their price target on Flowco from $24.00 to $26.00 and gave the stock an "outperform" rating in a research note on Tuesday. Evercore ISI reissued an "outperform" rating and issued a $25.00 price target on shares of Flowco in a report on Thursday, November 6th. Weiss Ratings restated a "sell (d-)" rating on shares of Flowco in a report on Friday, January 9th. Finally, Zacks Research upgraded Flowco from a "strong sell" rating to a "hold" rating in a research note on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $28.20.
Check Out Our Latest Analysis on FLOC
Key Stories Impacting Flowco
Here are the key news stories impacting Flowco this week:
- Positive Sentiment: Flowco announced the acquisition of Valiant to broaden its production-optimization and artificial-lift portfolio — the deal should expand addressable market, product depth and cross-sell opportunities, making the company more attractive to oilfield services buyers. Flowco Broadens Production Optimization Portfolio Through Strategic Acquisition of Valiant
- Positive Sentiment: Flowco reiterated M&A details on an investor call (transcript available), giving investors more clarity on integration plans and expected synergies from recent deals — clarity on M&A execution often supports multiple valuation re-ratings. Flowco Holdings Inc. (FLOC) M&A Call Transcript
- Positive Sentiment: Flowco declared a quarterly dividend (record Feb 13, payable Feb 25) — while modest, the payout signals cash generation and can attract income-oriented investors.
- Neutral Sentiment: Trading volume is materially above its average and the stock is trading above its 50- and 200-day moving averages, which can amplify price moves as momentum traders pile in.
- Negative Sentiment: Insider selling: EVP Chad Roberts disclosed two recent sales (Feb 2 and Feb 3) totaling ~62, +62,?—actually 62,? wait—(54,706 shares on Feb 3 and 8,300 shares on Feb 2), a meaningful reduction in his holdings; large executive sales can spook some investors and raise questions about timing/intent. SEC filings: Feb 3 SEC Filing and Feb 2 SEC Filing
Hedge Funds Weigh In On Flowco
Hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Flowco in the first quarter valued at about $298,000. Goldman Sachs Group Inc. acquired a new position in shares of Flowco in the 1st quarter worth approximately $878,000. Woodline Partners LP bought a new stake in shares of Flowco in the 1st quarter valued at approximately $1,282,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Flowco during the 1st quarter valued at approximately $3,070,000. Finally, Strs Ohio bought a new position in Flowco during the first quarter worth $92,000.
About Flowco
(
Get Free Report)
We are a leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. Our products and services include a full range of equipment and technology solutions that enable our customers to efficiently and cost-effectively maximize the profitability and economic lifespan of the production phase of their operations. Our principal products and services are organized into two business segments: (i) Production Solutions; and (ii) Natural Gas Technologies.
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