Ridgepost Capital (NYSE:RPC) Insider Charles K. Huebner Trust Buys 12,500 Shares of Stock

Ridgepost Capital, Inc (NYSE:RPC) insider Charles K. Huebner Trust bought 12,500 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was purchased at an average cost of $7.31 per share, with a total value of $91,375.00. Following the transaction, the insider directly owned 188,554 shares in the company, valued at approximately $1,378,329.74. This represents a 7.10% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Charles K. Huebner Trust also recently made the following trade(s):

• On Thursday, February 19th, Charles K. Huebner Trust bought 20,000 shares of Ridgepost Capital stock. The stock was purchased at an average price of $8.68 per share, with a total value of $173,600.00.

Ridgepost Capital Stock Performance

NYSE RPC opened at $7.32 on Tuesday. The company has a market cap of $804.72 million, a P/E ratio of 40.64 and a beta of 0.84. Ridgepost Capital, Inc has a twelve month low of $7.10 and a twelve month high of $13.08. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.27 and a current ratio of 2.27.

Ridgepost Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.15 annualized dividend and a yield of 2.1%. Ridgepost Capital’s dividend payout ratio (DPR) is currently 83.33%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on RPC shares. Zacks Research raised shares of Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Weiss Ratings began coverage on shares of Ridgepost Capital in a research note on Thursday, February 12th. They set a “hold (c)” rating on the stock. Finally, Barclays cut their price objective on shares of Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Ridgepost Capital presently 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.