Robert Stewart Jr Purchases 5,000 Shares of Ridgepost Capital (NYSE:RPC) Stock

Ridgepost Capital, Inc (NYSE:RPC) Director Robert Stewart, Jr. acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was bought at an average price of $8.27 per share, with a total value of $41,350.00. Following the purchase, the director directly owned 149,525 shares in the company, valued at approximately $1,236,571.75. This trade represents a 3.46% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Ridgepost Capital Trading Up 0.4%

NYSE RPC traded up $0.03 on Thursday, hitting $8.32. 683,447 shares of the stock were exchanged, compared to its average volume of 629,183. Ridgepost Capital, Inc has a fifty-two week low of $8.00 and a fifty-two week high of $13.19. The company has a quick ratio of 2.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $915.28 million, a PE ratio of 46.22 and a beta of 0.80.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Weiss Ratings began coverage on Ridgepost Capital in a research note on Thursday, February 12th. They issued 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 decreased their target price on Ridgepost Capital from $13.00 to $11.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. One research 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, Ridgepost Capital presently has an average rating of “Buy” and a consensus price target of $11.00.

About Ridgepost Capital

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.