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Flowco Holdings Inc (FLOC) receives an Overweight rating from Piper Sandler

Flowco Holdings Inc’s filing revealed that its Director HOBBY PAUL W acquired Company’s shares for reported $0.19 million on Mar 19 ’25. In the deal valued at $24.18 per share,8,000 shares were bought. As a result of this transaction, HOBBY PAUL W now holds 23,625 shares worth roughly $0.61 million.

Then, HOBBY PAUL W bought 2,000 shares, generating $48,300 in total proceeds. Upon buying the shares at $24.15, the Director now owns 25,625 shares.

Before that, Lambert Joel Christian bought 4,300 shares. Flowco Holdings Inc shares valued at $103,200 were divested by the SVP, Gen’l Counsel & Secretary at a price of $24.00 per share. As a result of the transaction, Lambert Joel Christian now holds 16,800 shares, worth roughly $0.43 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 -1.49% to $25.70. Over the last five days, the stock has gained 5.16%. Flowco Holdings Inc shares have fallen nearly -13.47% since the year began.

Levels Of Support And Resistance For FLOC Stock

The 24-hour chart illustrates a support level at 25.30, which if violated will result in even more drops to 24.90. On the upside, there is a resistance level at 26.26. A further resistance level may holdings at 26.83. The Relative Strength Index (RSI) on the 14-day chart is 53.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.15%. Stochastics %K at 79.68% indicates the stock is a holding.

How much short interest is there in Flowco Holdings Inc?

A steep rise in short interest was recorded in Flowco Holdings Inc stocks on 2025-03-14, dropping by -0.28 million shares to a total of 0.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.94 million shares. There was a decline of -42.68%, which implies that there is a negative sentiment for the stock.

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.

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