P10 Inc (NYSE: PX) is 6.26% higher on its value in year-to-date trading and has touched a low of $7.08 and a high of $14.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PX stock was last observed hovering at around $13.19 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $13.40, the stock is 2.92% and 5.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing 1.59% at the moment leaves the stock 33.27% off its SMA200. PX registered 50.22% gain for a year compared to 6-month gain of 51.41%. The firm has a 50-day simple moving average (SMA 50) of $12.6724 and a 200-day simple moving average (SMA200) of $10.02875.
The stock witnessed a 1.21% loss in the last 1 month and extending the period to 3 months gives it a 22.04%, and is 6.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.96% over the week and 3.31% over the month.
P10 Inc (PX) has around 252 employees, a market worth around $1.50B and $274.50M in sales. Current P/E ratio is 132.02 and Fwd P/E is 13.82. Profit margin for the company is 4.49%. Distance from 52-week low is 89.27% and -6.16% from its 52-week high. The company has generated returns on investments over the last 12 months (1.77%).
The EPS is expected to grow by 11.69% this year
151.0 institutions hold shares in P10 Inc (PX), with institutional investors hold 102.18% of the company’s shares. The shares outstanding are 53.81M, and float is at 39.81M with Short Float at 4.52%. Institutions hold 77.01% of the Float.
The top institutional shareholder in the company is RIVER ROAD ASSET MANAGEMENT, LLC with over 7.77 million shares valued at $65.88 million. The investor’s holdings represent 6.7481 of the PX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.37 million shares valued at $37.06 million to account for 3.7956 of the shares outstanding. The other top investors are CAZ INVESTMENTS LP which holds 4.25 million shares representing 3.692 and valued at over $36.05 million, while FMR LLC holds 2.2465 of the shares totaling 2.59 million with a market value of $21.93 million.
P10 Inc (PX) Insider Activity
The most recent transaction is an insider sale by Abell Alexander I., the company’s. SEC filings show that Abell Alexander I. sold 25,000 shares of the company’s common stock on Dec 26 ’24 at a price of $12.94 per share for a total of $0.32 million. Following the sale, the insider now owns 0.33 million shares.
P10 Inc disclosed in a document filed with the SEC on Dec 23 ’24 that McCoy David M. (Director) sold a total of 55,545 shares of the company’s common stock. The trade occurred on Dec 23 ’24 and was made at $12.72 per share for $0.71 million. Following the transaction, the insider now directly holds 0.34 million shares of the PX stock.
Still, SEC filings show that on Dec 16 ’24, 210 Capital, LLC (10% Owner) disposed off 50,000 shares at an average price of $13.26 for $0.66 million. The insider now directly holds 0 shares of P10 Inc (PX).
