Flowco (NYSE:FLOC) EVP Chad Roberts Sells 8,300 Shares

Flowco Holdings Inc. (NYSE:FLOCGet Free Report) EVP Chad Roberts sold 8,300 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $21.45, for a total value of $178,035.00. Following the completion of the transaction, the executive vice president owned 121,714 shares of the company’s stock, valued at $2,610,765.30. This represents a 6.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Chad Roberts also recently made the following trade(s):

  • On Tuesday, February 3rd, Chad Roberts sold 54,706 shares of Flowco stock. The shares were sold at an average price of $22.39, for a total transaction of $1,224,867.34.
  • On Friday, January 23rd, Chad Roberts sold 40,884 shares of Flowco stock. The stock was sold at an average price of $21.47, for a total transaction of $877,779.48.
  • On Thursday, January 8th, Chad Roberts sold 23,428 shares of Flowco stock. The stock was sold at an average price of $19.34, for a total transaction of $453,097.52.
  • On Wednesday, January 7th, Chad Roberts sold 72 shares of Flowco stock. The shares were sold at an average price of $19.30, for a total value of $1,389.60.
  • On Monday, January 5th, Chad Roberts sold 7,400 shares of Flowco stock. The shares were sold at an average price of $19.32, for a total value of $142,968.00.
  • On Friday, December 12th, Chad Roberts sold 9,253 shares of Flowco stock. The stock was sold at an average price of $19.30, for a total value of $178,582.90.
  • On Thursday, December 4th, Chad Roberts sold 19,457 shares of Flowco stock. The shares were sold at an average price of $18.62, for a total value of $362,289.34.
  • On Wednesday, November 5th, Chad Roberts sold 55,173 shares of Flowco stock. The stock was sold at an average price of $18.26, for a total transaction of $1,007,458.98.

Flowco Price Performance

NYSE FLOC opened at $22.56 on Wednesday. The firm’s 50 day moving average is $18.97 and its 200-day moving average is $17.22. The company has a quick ratio of 1.33, a current ratio of 2.90 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $2.02 billion and a PE ratio of 7.52. Flowco Holdings Inc. has a 12-month low of $14.03 and a 12-month high of $29.14.

Flowco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Friday, February 13th will be issued a $0.08 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.32 annualized dividend and a dividend yield of 1.4%. Flowco’s dividend payout ratio (DPR) is presently 10.67%.

Hedge Funds Weigh In On Flowco

Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. increased its position in Flowco by 57.9% during the third quarter. JPMorgan Chase & Co. now owns 3,290,164 shares of the company’s stock worth $48,859,000 after acquiring an additional 1,206,020 shares during the period. American Century Companies Inc. increased its holdings in shares of Flowco by 1.5% during the third quarter. American Century Companies Inc. now owns 2,770,917 shares of the company’s stock worth $41,148,000 after purchasing an additional 40,479 shares during the period. Vanguard Group Inc. raised its position in shares of Flowco by 6.9% in the third quarter. Vanguard Group Inc. now owns 1,848,250 shares of the company’s stock valued at $27,447,000 after buying an additional 118,628 shares in the last quarter. Encompass Capital Advisors LLC boosted its stake in shares of Flowco by 84.0% in the second quarter. Encompass Capital Advisors LLC now owns 984,301 shares of the company’s stock valued at $17,530,000 after buying an additional 449,498 shares during the period. Finally, Schroder Investment Management Group grew its position in Flowco by 37.6% during the third quarter. Schroder Investment Management Group now owns 687,713 shares of the company’s stock worth $10,522,000 after buying an additional 187,827 shares in the last quarter.

Trending Headlines about Flowco

Here are the key news stories impacting Flowco this week:

  • Positive Sentiment: Flowco announced the acquisition of Valiant to broaden its production-optimization and artificial-lift portfolio — the deal should expand addressable market, product depth and cross-sell opportunities, making the company more attractive to oilfield services buyers. Flowco Broadens Production Optimization Portfolio Through Strategic Acquisition of Valiant
  • Positive Sentiment: Flowco reiterated M&A details on an investor call (transcript available), giving investors more clarity on integration plans and expected synergies from recent deals — clarity on M&A execution often supports multiple valuation re-ratings. Flowco Holdings Inc. (FLOC) M&A Call Transcript
  • Positive Sentiment: Flowco declared a quarterly dividend (record Feb 13, payable Feb 25) — while modest, the payout signals cash generation and can attract income-oriented investors.
  • Neutral Sentiment: Trading volume is materially above its average and the stock is trading above its 50- and 200-day moving averages, which can amplify price moves as momentum traders pile in.
  • Negative Sentiment: Insider selling: EVP Chad Roberts disclosed two recent sales (Feb 2 and Feb 3) totaling ~62, +62,?—actually 62,? wait—(54,706 shares on Feb 3 and 8,300 shares on Feb 2), a meaningful reduction in his holdings; large executive sales can spook some investors and raise questions about timing/intent. SEC filings: Feb 3 SEC Filing and Feb 2 SEC Filing

Analyst Upgrades and Downgrades

Several research firms have weighed in on FLOC. Zacks Research raised Flowco from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Piper Sandler restated an “overweight” rating on shares of Flowco in a report on Tuesday, December 9th. BMO Capital Markets increased their price target on shares of Flowco from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flowco in a report on Friday, January 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Flowco in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.20.

View Our Latest Research Report on FLOC

Flowco Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Flowco (NYSE:FLOC)

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