Robert Stewart Jr Acquires 10,000 Shares of P10 (NYSE:RPC) Stock

P10, Inc. (NYSE:RPC) Director Robert Stewart, Jr. bought 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 acquisition, the director directly owned 144,525 shares of the company’s stock, valued at $1,250,141.25. The trade was a 7.43% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

P10 Price Performance

RPC stock traded down $0.46 during trading on Monday, hitting $8.05. 807,661 shares of the company’s stock were exchanged, compared to its average volume of 730,324. The stock has a market cap of $885.58 million, a price-to-earnings ratio of 9.90 and a beta of 0.80. The company has a quick ratio of 2.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.99. P10, Inc. has a 52-week low of $8.02 and a 52-week high of $13.19.

Analyst Ratings Changes

A number of brokerages recently issued reports on RPC. Zacks Research raised P10 from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Barclays decreased their price target 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 assumed coverage on shares of P10 in a research note 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 given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $11.00.

P10 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.