Charles K. Huebner Trust Buys 12,500 Shares of Ridgepost Capital (NYSE:RPC) Stock

Ridgepost Capital, Inc (NYSE:RPC) insider Charles K. Huebner Trust acquired 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were bought at an average price of $7.31 per share, with a total value of $91,375.00. Following the acquisition, the insider directly 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock was bought at an average cost of $8.68 per share, with a total value of $173,600.00.

Ridgepost Capital Stock Performance

Shares of RPC stock opened at $7.74 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.27 and a current ratio of 2.27. The stock has a market capitalization of $850.93 million, a price-to-earnings ratio of 42.97 and a beta of 0.84. Ridgepost Capital, Inc has a one year low of $7.10 and a one year high of $13.08.

Ridgepost Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be issued a $0.0375 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 1.9%. Ridgepost Capital’s payout ratio is presently 83.33%.

Analysts Set New Price Targets

Several research analysts have commented on RPC shares. Weiss Ratings assumed coverage on Ridgepost Capital in a report on Thursday, February 12th. They set a “hold (c)” rating on the stock. Zacks Research upgraded Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. Finally, Barclays dropped their price target on Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $11.00.

Ridgepost Capital Company Profile

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.