Flowco Holdings Inc’s recent filing unveils that its SVP, Gen’l Counsel & Secretary Lambert Joel Christian acquired Company’s shares for reported $0.1 million on Jan 17 ’25. In the deal valued at $24.00 per share,4,300 shares were bought. As a result of this transaction, Lambert Joel Christian now holds 16,800 shares worth roughly $0.42 million.
Then, Byers Jonathan W. bought 12,000 shares, generating $288,000 in total proceeds. Upon buying the shares at $24.00, the Chief Financial Officer now owns 62,208 shares.
Before that, EDWARDS JOSEPH R bought 50,000 shares. Flowco Holdings Inc shares valued at $1,200,000 were divested by the President and CEO at a price of $24.00 per share. As a result of the transaction, EDWARDS JOSEPH R now holds 184,792 shares, worth roughly $4.67 million.
Piper Sandler initiated its Flowco Holdings Inc [FLOC] rating to an Overweight in a research note published on February 10, 2025; the price target was $34. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in early February with a ‘”an Overweight”‘ rating. Jefferies began covering FLOC with “Buy” recommendation on February 10, 2025. Evercore ISI started covering the stock on February 10, 2025. It rated FLOC as “an Outperform”.
Price Performance Review of FLOC
On Tuesday, Flowco Holdings Inc [NYSE:FLOC] saw its stock fall -4.14% to $25.27. Over the last five days, the stock has lost -7.94%. Flowco Holdings Inc shares have fallen nearly -14.92% since the year began.
Levels Of Support And Resistance For FLOC Stock
The 24-hour chart illustrates a support level at 24.66, which if violated will result in even more drops to 24.06. On the upside, there is a resistance level at 26.21. A further resistance level may holdings at 27.16. The Moving Average Convergence Divergence (MACD) stands at -1.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.48%. Stochastics %K at 21.68% indicates the stock is a holding.
The most recent change occurred on February 10, 2025 when BMO Capital Markets began covering the stock and recommended ‘”an Outperform”‘ rating along with a $33 price target.
