Key Points
- Director Robert Stewart, Jr. bought 10,000 shares of P10 on Feb 19 at an average price of $8.65 (total $86,500), increasing his stake 7.43% to 144,525 shares worth about $1.25 million, per an SEC filing.
- P10 shares trade near their 52-week low (opened $8.05; 52-week range $8.02–$13.19) with a market cap of $885.6M and a P/E of 9.9, indicating the stock is currently valued below its recent high.
- Analyst coverage is mixed but leans positive: Zacks upgraded to Strong Buy, Barclays maintains an Overweight rating with an $11 target, Weiss initiated a Hold, and the consensus average rating is Buy with an average target of $11.00.
P10, Inc. (NYSE:RPC - Get Free Report) Director Robert Stewart, Jr. purchased 10,000 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average cost of $8.65 per share, for a total transaction of $86,500.00. Following the transaction, the director owned 144,525 shares in the company, valued at $1,250,141.25. This represents a 7.43% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
P10 Price Performance
Shares of RPC opened at $8.05 on Tuesday. The company has a market cap of $885.58 million, a price-to-earnings ratio of 9.90 and a beta of 0.80. P10, Inc. has a 52 week low of $8.02 and a 52 week high of $13.19. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.50 and a quick ratio of 2.50.
Wall Street Analyst Weigh In
RPC has been the subject of a number of analyst reports. Zacks Research raised P10 from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 11th. Barclays reduced their target price on shares of P10 from $13.00 to $11.00 and set an "overweight" rating for the company in a research note on Friday, February 13th. Finally, Weiss Ratings began coverage on shares of P10 in a research report on Thursday, February 12th. They set a "hold (c)" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $11.00.
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About P10
(
Get Free Report)
P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.
Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.
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