Insider Buying: Ridgepost Capital (NYSE:RPC) Director Acquires 5,000 Shares of Stock

Key Points

  • Insider purchase: Director Robert Stewart Jr. bought 5,000 shares at an average price of $8.27 (total $41,350), increasing his stake to 149,525 shares — a 3.46% ownership rise — disclosed in an SEC filing.
  • RPC shares traded around $8.02 on Friday; the company has a market cap of $882.28 million, a P/E of 44.56 and a 12‑month range of $7.96 to $13.19.
  • Analyst coverage is mixed: Barclays cut its target to $11 (overweight), Zacks upgraded to strong-buy, Weiss started coverage at hold (c), and the consensus target price is $11 with an average rating of "Buy".

Ridgepost Capital, Inc (NYSE:RPC - Get Free Report) Director Robert Stewart, Jr. bought 5,000 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $8.27 per share, for a total transaction of $41,350.00. Following the acquisition, the director directly owned 149,525 shares in the company, valued at $1,236,571.75. This trade represents a 3.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Ridgepost Capital Stock Performance

Shares of RPC stock traded down $0.27 during trading on Friday, hitting $8.02. 62,162 shares of the company were exchanged, compared to its average volume of 615,033. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.50 and a current ratio of 2.50. The stock has a market cap of $882.28 million, a P/E ratio of 44.56 and a beta of 0.80. Ridgepost Capital, Inc has a twelve month low of $7.96 and a twelve month high of $13.19.

Analysts Set New Price Targets

Several analysts recently issued reports on RPC shares. Barclays cut their price objective on Ridgepost Capital from $13.00 to $11.00 and set an "overweight" rating for the company in a report on Friday, February 13th. Zacks Research raised Ridgepost Capital from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings initiated coverage on Ridgepost Capital in a report on Thursday, February 12th. They set a "hold (c)" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $11.00.




View Our Latest Analysis on Ridgepost Capital

Ridgepost Capital Company Profile

(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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