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

P10, Inc. (NYSE:RPC) Director Robert Stewart, Jr. acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were acquired at an average price of $8.65 per share, for a total transaction of $86,500.00. Following the purchase, the director owned 144,525 shares of the company’s stock, valued at $1,250,141.25. This trade represents a 7.43% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

P10 Stock Performance

Shares of RPC stock opened at $8.34 on Wednesday. The company has a market capitalization of $917.48 million, a price-to-earnings ratio of 9.35 and a beta of 0.80. P10, Inc. has a 52 week low of $8.02 and a 52 week high of $13.19. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.50 and a quick ratio of 2.50.

Analysts Set New Price Targets

A number of research firms have issued reports on RPC. Weiss Ratings assumed coverage on P10 in a research note on Thursday, February 12th. They issued a “hold (c)” rating on the stock. Zacks Research upgraded shares of P10 from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Finally, Barclays decreased their target price on shares of P10 from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, P10 presently has an average 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.