Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Flotek Industries Inc shares valued at $184,509 were purchased by Wilks Matthew on May 14 ’25. At $14.15 per share, Wilks Matthew acquired 13,040 shares. The insider’s holdings grew to 157,390 shares worth approximately $2.36 million following the completion of this transaction.
Also, Wilks Matthew purchased 402 shares, netting a total of over 6,026 in proceeds. Following the buying of shares at $14.99 each, the insider now holds 157,792 shares.
Before that, Wilks Matthew had added 103,514 shares to its account. In a trade valued at $1,266,784, the Director bought Flotek Industries Inc shares for $12.24 each. Upon closing the transaction, the insider’s holdings increased to 103,514 shares, worth approximately $2.16 million.
As published in their initiating research note from ROTH MKM on July 25, 2024, Flotek Industries Inc [FTK] has been a Buy and the price target has been revised to $6.50. Analysts at Alliance Global Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in late April. As of July 01, 2021, Noble Capital Markets has initiated its “an Outperform” rating for FTK. Earlier on August 08, 2018, Seaport Global Securities downgraded its rating. Their new recommendation was “a Neutral” for FTK stock which previously was a “a Buy”.
Analyzing FTK Stock Performance
During the last five days, there has been a drop of approximately -0.33%. Over the course of the year, Flotek Industries Inc shares have jumped approximately 57.29%. Shares of the company reached a 52-week high of $15.96 on 05/16/25 and a 52-week low of $6.05 on 04/07/25.
Support And Resistance Levels for Flotek Industries Inc (FTK)
According to the 24-hour chart, there is a support level at 14.44, which, if violated, would cause prices to drop to 13.90. In the upper region, resistance lies at 15.33. The next price resistance is at 15.68. RSI (Relative Strength Index) is 75.50 on the 14-day chart, showing overbought technical sentiment.
