HB Wealth Management LLC Buys Shares of 15,050 Acuren Corp $TIC

HB Wealth Management LLC bought a new stake in Acuren Corp (NYSEAMERICAN:TIC) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,050 shares of the company’s stock, valued at approximately $166,000.

Separately, Goldman Sachs Group Inc. bought a new stake in Acuren in the first quarter valued at $4,429,000.

Acuren Stock Performance

Shares of TIC opened at $13.88 on Wednesday. Acuren Corp has a 1-year low of $8.76 and a 1-year high of $14.94. The business has a 50-day moving average of $11.59.

Analysts Set New Price Targets

Several research firms recently weighed in on TIC. UBS Group reduced their price objective on shares of Acuren from $11.50 to $11.00 and set a “neutral” rating for the company in a report on Friday, August 8th. Jefferies Financial Group began coverage on shares of Acuren in a report on Thursday, August 28th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $11.00.

Acuren Company Profile

Acuren Corporation provides critical asset integrity services in North America. Its activities include various nondestructive testing (NDT) solutions, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, avoid accidents, and comply with regulatory requirements without destroying the asset or component.