Insiders Are Loading Up on These 6 Stocks Now
Some of the most notable purchases in the past week or so were made by return buyers. A firm associated with Mexican billionaire Carlos Slim was among them.
Headquartered in Willow Park, TX Fiscal year ends December NASDAQ: ACDC pfholdingscorp.com
ProFrac Holding Corp. is a vertically integrated energy services holding company providing hydraulic fracturing, proppant production, completion services, and complementary products including distributed power generation to upstream oil and natural gas companies. The company serves E&P operators engaged in the exploration and production of North American unconventional oil and natural gas resources throughout the United States. ProFrac operates through four business segments: Stimulation Services (hydraulic fracturing), Proppant Production (sand mining and processing), Manufacturing (equipment fabrication), and Flotek Industries (a publicly traded subsidiary providing chemistry and data analytics solutions). The company's vertical integration strategy spans from manufacturing its own equipment and producing its own proppant to delivering completion services, aiming to reduce costs and improve operational efficiency. A significant portion of Proppant Production and Manufacturing revenue is intercompany, reflecting the integrated model. Updated
Some of the most notable purchases in the past week or so were made by return buyers. A firm associated with Mexican billionaire Carlos Slim was among them.
September may be scary for investors, but that hasn't stopped insiders like Mexican billionaire Carlos Slim from further boosting their stakes, including in energy companies.
Mexican billionaire Carlos Slim and other beneficial owners returned last week to boost stakes in energy and media companies and more.
In the past week, insiders returned to scoop up more shares of a fracking services company and a recreational boat maker.
With the earnings season winding down and windows for making insider purchases opening up, insiders have been scooping up shares of these six stocks.
Notable insider buying in the past week included biotech and energy companies, including some that have just gone public. Also, renowned hedge fund manager Bill Ackman continues building a stake in a…
ProFrac Holding Corp. is a vertically integrated energy services holding company providing hydraulic fracturing, proppant production, completion services, and complementary products including distributed power generation to upstream oil and natural gas companies.
The Wall Street consensus 12-month price target for ACDC is $5.49.