Ridgepost Capital, Inc (NYSE:RPC - Get Free Report) insider Charles K. Huebner Trust purchased 12,500 shares of the company's stock in a transaction that occurred on Thursday, March 12th. The stock was purchased at an average price of $7.31 per share, for a total transaction of $91,375.00. Following the purchase, the insider owned 188,554 shares in the company, valued at $1,378,329.74. This represents a 7.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Charles K. Huebner Trust also recently made the following trade(s):
- On Thursday, February 19th, Charles K. Huebner Trust acquired 20,000 shares of Ridgepost Capital stock. The shares were purchased at an average cost of $8.68 per share, for a total transaction of $173,600.00.
Ridgepost Capital Stock Performance
NYSE:RPC opened at $7.32 on Tuesday. The stock has a market cap of $804.72 million, a price-to-earnings ratio of 40.64 and a beta of 0.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.27 and a quick ratio of 2.27. Ridgepost Capital, Inc has a fifty-two week low of $7.10 and a fifty-two week high of $13.08.
Ridgepost Capital Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.0375 per share. The ex-dividend date is Friday, February 27th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 2.1%. Ridgepost Capital's dividend payout ratio is presently 83.33%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on RPC shares. Barclays decreased their price objective on shares of Ridgepost Capital from $12.00 to $11.00 and set an "overweight" rating for the company in a report on Monday, March 2nd. Weiss Ratings initiated coverage on Ridgepost Capital in a report on Thursday, February 12th. They issued a "hold (c)" rating for the company. Finally, Zacks Research upgraded Ridgepost Capital from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $11.00.
View Our Latest Report 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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