ProFrac Holding Corp (NASDAQ: ACDC) is -40.59% lower on its value in year-to-date trading and has touched a low of $4.00 and a high of $9.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ACDC stock was last observed hovering at around $5.30 in the last trading session, with the day’s loss setting it -0.69%.
Currently trading at $4.61, the stock is -33.56% and -35.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -13.02% at the moment leaves the stock -36.22% off its SMA200. ACDC registered -46.77% loss for a year compared to 6-month gain of -35.97%. The firm has a 50-day simple moving average (SMA 50) of $7.1812 and a 200-day simple moving average (SMA200) of $7.227675.
The stock witnessed a -38.62% loss in the last 1 month and extending the period to 3 months gives it a -39.58%, and is -30.94% down 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 23.19% over the week and 10.62% over the month.
ProFrac Holding Corp (ACDC) has around 3077 employees, a market worth around $738.43M and $2.19B in sales. Profit margin for the company is -10.04%. Distance from 52-week low is 15.25% and -52.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.22%).
with sales reaching $495.95M over the same period.The EPS is expected to shrink by -9.63% this year, but quarterly earnings will post -1.68% year-over-year. Quarterly sales are estimated to shrink -14.71% in year-over-year returns.
141.0 institutions hold shares in ProFrac Holding Corp (ACDC), with institutional investors hold 110.32% of the company’s shares. The shares outstanding are 160.20M, and float is at 11.87M with Short Float at 37.33%. Institutions hold 10.79% of the Float.
The top institutional shareholder in the company is CRESTVIEW PARTNERS III GP, L.P. with over 3.33 million shares valued at $24.69 million. The investor’s holdings represent 2.0801 of the ACDC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.93 million shares valued at $14.28 million to account for 1.2028 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.57 million shares representing 0.9823 and valued at over $11.66 million, while MORGAN STANLEY holds 0.4243 of the shares totaling 0.68 million with a market value of $5.04 million.
ProFrac Holding Corp (ACDC) Insider Activity
The most recent transaction is an insider purchase by Wilks Farris, the company’s 10% Owner. SEC filings show that Wilks Farris bought 338,756 shares of the company’s common stock on Feb 26 ’25 at a price of $6.93 per share for a total of $2.35 million. Following the purchase, the insider now owns 1.32 million shares.
ProFrac Holding Corp disclosed in a document filed with the SEC on Feb 26 ’25 that Wilks Matthew (Executive Chairman) bought a total of 288,756 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $6.93 per share for $2.0 million. Following the transaction, the insider now directly holds 0.29 million shares of the ACDC stock.
Still, SEC filings show that on Sep 12 ’24, THRC Holdings, LP (10% Owner) acquired 353,635 shares at an average price of $6.17 for $2.18 million. The insider now directly holds 79,197,549 shares of ProFrac Holding Corp (ACDC).
