Flowco Holdings Inc. (NYSE:FLOC – Get Free Report) Director Jonathan Fairbanks sold 1,170,000 shares of the stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $21.18, for a total transaction of $24,780,600.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Flowco Stock Performance
FLOC opened at $20.56 on Friday. The business’s 50-day simple moving average is $22.17 and its 200 day simple moving average is $18.89. Flowco Holdings Inc. has a 52-week low of $14.03 and a 52-week high of $24.91. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.42 and a current ratio of 3.34. The firm has a market capitalization of $1.84 billion, a PE ratio of 17.42 and a beta of 0.18.
Flowco Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 13th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.32 annualized dividend and a dividend yield of 1.6%. Flowco’s dividend payout ratio (DPR) is currently 27.12%.
More Flowco News
- Positive Sentiment: Zacks upgraded FLOC to a “Strong Buy” (Rank #1) and added the stock to several Zacks lists (momentum, value, income), boosting short‑term optimism about earnings and valuation. This upgrade is likely the main positive catalyst behind buying interest today. Flowco Holdings Inc. (FLOC) Upgraded to Strong Buy: Here’s Why
- Neutral Sentiment: Analyst and institutional activity supports the bullish case: BMO raised its price target, Jefferies reiterated a buy with a $30 target, and several large institutions have increased stakes — these provide underlying fundamental support but do not create immediate directional pressure by themselves. MarketBeat’s company note also highlights the recent quarterly dividend (annualized $0.32, ~1.6% yield), which is income‑supportive for investors. Flowco company note and analyst/ dividend summary
- Negative Sentiment: Significant insider selling: Director Jonathan Fairbanks sold 1,170,000 shares (about $24.8M at ~$21.18) in a March 26 filing. Large director sales can raise governance or timing concerns and may offset some of the upgrade‑driven buying. Insider Selling: Flowco (NYSE:FLOC) Director Sells 1,170,000 Shares of Stock
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Zions Bancorporation National Association UT bought a new stake in shares of Flowco during the fourth quarter worth approximately $29,000. Parallel Advisors LLC increased its stake in shares of Flowco by 8,929.4% during the fourth quarter. Parallel Advisors LLC now owns 1,535 shares of the company’s stock worth $29,000 after purchasing an additional 1,518 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in Flowco during the 4th quarter worth approximately $29,000. Tower Research Capital LLC TRC boosted its stake in Flowco by 95.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,643 shares of the company’s stock valued at $47,000 after purchasing an additional 1,292 shares during the period. Finally, Strs Ohio acquired a new position in Flowco in the 1st quarter valued at $92,000.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Wall Street Zen upgraded shares of Flowco from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $30.00 target price on shares of Flowco in a research note on Monday, February 2nd. Zacks Research raised Flowco from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Piper Sandler upped their price objective on Flowco from $28.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Finally, BMO Capital Markets lifted their target price on Flowco from $24.00 to $26.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $28.25.
Get Our Latest Report on Flowco
About Flowco
We are a leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. Our products and services include a full range of equipment and technology solutions that enable our customers to efficiently and cost-effectively maximize the profitability and economic lifespan of the production phase of their operations. Our principal products and services are organized into two business segments: (i) Production Solutions; and (ii) Natural Gas Technologies.
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