Calfrac Well Services Ltd (TSE:CFW) insider Wilks Brothers, Llc purchased 2,453,000 shares of Calfrac Well Services stock in a transaction on Wednesday, September 13th. The shares were acquired at an average cost of C$4.25 per share, for a total transaction of C$10,425,250.00.

Wilks Brothers, Llc also recently made the following trade(s):

  • On Wednesday, September 6th, Wilks Brothers, Llc purchased 284,000 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.83 per share, for a total transaction of C$1,087,720.00.
  • On Thursday, September 7th, Wilks Brothers, Llc purchased 140,000 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.85 per share, for a total transaction of C$539,000.00.
  • On Friday, September 8th, Wilks Brothers, Llc purchased 135,200 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.83 per share, for a total transaction of C$517,816.00.
  • On Tuesday, August 29th, Wilks Brothers, Llc purchased 429,100 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.45 per share, for a total transaction of C$1,480,395.00.
  • On Wednesday, August 30th, Wilks Brothers, Llc purchased 150,300 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.50 per share, for a total transaction of C$526,050.00.
  • On Friday, August 4th, Wilks Brothers, Llc purchased 754,300 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.37 per share, for a total transaction of C$2,541,991.00.

Calfrac Well Services Ltd (TSE:CFW) opened at 4.20 on Friday. The stock’s 50 day moving average is $3.56 and its 200-day moving average is $3.35. Calfrac Well Services Ltd has a 52-week low of $2.23 and a 52-week high of $5.34. The firm’s market capitalization is $574.44 million.

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A number of research analysts have weighed in on the stock. BMO Capital Markets reduced their price target on shares of Calfrac Well Services from C$5.50 to C$4.50 and set a “market perform” rating on the stock in a research report on Thursday, July 27th. Canaccord Genuity boosted their target price on shares of Calfrac Well Services from C$3.00 to C$4.25 in a research report on Thursday, July 27th. GMP Securities boosted their target price on shares of Calfrac Well Services from C$3.00 to C$4.00 in a research report on Thursday, July 27th. Scotiabank boosted their target price on shares of Calfrac Well Services from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. Finally, Royal Bank Of Canada boosted their target price on shares of Calfrac Well Services from C$4.00 to C$5.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. Calfrac Well Services has an average rating of “Hold” and a consensus price target of C$4.90.

About Calfrac Well Services

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba.

Insider Buying and Selling by Quarter for Calfrac Well Services (TSE:CFW)

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