Flotek Industries Inc (NYSE:FTK) CEO John Chisholm Sells 25,000 Shares
Flotek Industries Inc (NYSE:FTK) CEO John Chisholm sold 25,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $1.78, for a total value of $44,500.00. Following the completion of the transaction, the chief executive officer now owns 1,167,478 shares in the company, valued at approximately $2,078,110.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
John Chisholm also recently made the following trade(s):
- On Tuesday, October 29th, John Chisholm sold 25,000 shares of Flotek Industries stock. The stock was sold at an average price of $2.05, for a total value of $51,250.00.
NYSE:FTK traded up $0.02 on Friday, hitting $1.81. The stock had a trading volume of 13,259 shares, compared to its average volume of 279,356. The business’s fifty day moving average is $1.87 and its 200 day moving average is $2.47. The company has a quick ratio of 7.32, a current ratio of 8.58 and a debt-to-equity ratio of 0.09. Flotek Industries Inc has a 52 week low of $0.95 and a 52 week high of $4.01.
Large investors have recently made changes to their positions in the business. Sfmg LLC bought a new position in shares of Flotek Industries in the second quarter valued at approximately $32,000. Steward Partners Investment Advisory LLC bought a new position in shares of Flotek Industries in the second quarter valued at approximately $39,000. OMERS ADMINISTRATION Corp bought a new position in shares of Flotek Industries in the second quarter valued at approximately $42,000. Virtu Financial LLC lifted its holdings in shares of Flotek Industries by 77.8% in the third quarter. Virtu Financial LLC now owns 20,685 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 9,050 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Flotek Industries in the second quarter valued at approximately $89,000. Institutional investors and hedge funds own 57.67% of the company’s stock.
Separately, ValuEngine lowered Flotek Industries from a “hold” rating to a “sell” rating in a report on Monday, November 25th.
About Flotek Industries
Flotek Industries, Inc provides chemistry and services to the oil and gas industries in then United States and internationally. The company designs, develops, manufactures, packs, markets, distributes, and delivers reservoir-centric fluid systems, including specialty and conventional chemistries for use in oil and gas well drilling, cementing, completion, remediation, and stimulation activities, as well as use in enhanced and improved oil recovery markets under the Complex nano-Fluid, Pressure reducing Fluids, and MicroSolv brand names.
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