ProFrac (NASDAQ:ACDC) CEO Matthew Wilks Buys 57,519 Shares

Posted by Francis Steltz on Aug 13th, 2026

ProFrac Holding Corp. (NASDAQ:ACDC – Get Free Report) CEO Matthew Wilks bought 57,519 shares of ProFrac stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average cost of $4.86 per share, for a total transaction of $279,542.34. Following the acquisition, the chief executive officer owned 479,616 shares of the company’s stock, valued at $2,330,933.76. This represents a 13.63% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Matthew Wilks also recently made the following trade(s):

On Tuesday, August 11th, Matthew Wilks purchased 22,481 shares of ProFrac stock. The shares were purchased at an average price of $5.44 per share, with a total value of $122,296.64.

ProFrac Trading Down 2.5%

Shares of NASDAQ:ACDC opened at $5.14 on Thursday. ProFrac Holding Corp. has a 52 week low of $3.08 and a 52 week high of $8.22. The company’s 50 day moving average is $5.38 and its two-hundred day moving average is $5.90. The company has a market cap of $929.93 million, a PE ratio of -2.21 and a beta of 1.46. The company has a current ratio of 0.84, a quick ratio of 0.59 and a debt-to-equity ratio of 1.42.

Wall Street Analyst Weigh In

ACDC has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of ProFrac in a report on Wednesday, June 24th. Morgan Stanley set a $5.00 price target on ProFrac in a report on Wednesday, July 15th. Piper Sandler upped their price objective on ProFrac from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Finally, Wall Street Zen lowered ProFrac from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, ProFrac has an average rating of “Reduce” and an average target price of $5.50.

Get Our Latest Stock Analysis on ACDC

Institutional Investors Weigh In On ProFrac

Several hedge funds and other institutional investors have recently bought and sold shares of ACDC. EverSource Wealth Advisors LLC boosted its stake in ProFrac by 7,241.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,524 shares of the company’s stock valued at $27,000 after acquiring an additional 3,476 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of ProFrac during the second quarter worth about $29,000. BNP Paribas Financial Markets increased its position in shares of ProFrac by 389.4% during the second quarter. BNP Paribas Financial Markets now owns 6,122 shares of the company’s stock worth $48,000 after purchasing an additional 4,871 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of ProFrac by 822.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,234 shares of the company’s stock valued at $87,000 after purchasing an additional 10,016 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD purchased a new stake in shares of ProFrac in the 4th quarter valued at about $46,000. 12.75% of the stock is currently owned by institutional investors and hedge funds.

About ProFrac

(Get Free Report)

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends.