Robert Stewart, Jr. Acquires 5,000 Shares of Ridgepost Capital (NYSE:RPC) Stock

Ridgepost Capital, Inc (NYSE:RPC) Director Robert Stewart, Jr. bought 5,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was acquired at an average cost of $8.27 per share, for a total transaction of $41,350.00. Following the completion of the transaction, the director owned 149,525 shares in the company, valued at $1,236,571.75. This represents a 3.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Ridgepost Capital Price Performance

RPC stock opened at $8.10 on Friday. Ridgepost Capital, Inc has a twelve month low of $7.92 and a twelve month high of $13.19. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.50 and a quick ratio of 2.50. The company has a market cap of $891.08 million, a PE ratio of 9.64 and a beta of 0.80.

Ridgepost Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, February 27th. Ridgepost Capital’s dividend payout ratio (DPR) is currently 83.33%.

Analysts Set New Price Targets

Several equities analysts have recently commented on RPC shares. Weiss Ratings initiated coverage on shares of Ridgepost Capital in a research report on Thursday, February 12th. They set a “hold (c)” rating on the stock. Barclays cut their price objective on Ridgepost Capital from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Friday, February 13th. Finally, Zacks Research raised Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Ridgepost Capital has a consensus rating of “Buy” and a consensus target price of $11.00.

About Ridgepost Capital

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.