The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Patterson-UTI Energy Inc shares valued at $410,495 were sold by STEWART JAMES CARL on Jun 02 ’25. At $5.51 per share, STEWART JAMES CARL sold 74,500 shares. The insider’s holdings dropped to 925,254 shares worth approximately $4.95 million following the completion of this transaction.
Also, STEWART JAMES CARL sold 5,500 shares, netting a total of over 32,890 in proceeds. Following the sale of shares at $5.98 each, the insider now holds 999,754 shares.
Before that, JCS Partners LP had added 80,000 shares to its account. In a trade valued at $480,000, the Director bought Patterson-UTI Energy Inc shares for $6.00 each.
As published in their initiating research note from Piper Sandler on July 15, 2025, Patterson-UTI Energy Inc [PTEN] has been a Neutral and the price target has been revised to $7. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid May. As of January 06, 2025, Raymond James has decreased its “Strong buy” rating to a “Mkt perform” for PTEN. Earlier on December 13, 2024, Goldman upgraded its rating. Their new recommendation was “a Buy” for PTEN stock which previously was a “a Neutral”.
Analyzing PTEN Stock Performance
On last trading session, Patterson-UTI Energy Inc [NASDAQ: PTEN] plunged -1.65% to $5.35. The stock’s lowest price that day was $5.3, but it reached a high of $5.68 in the same session. During the last five days, there has been a drop of approximately -9.48%. Over the course of the year, Patterson-UTI Energy Inc shares have dropped approximately -40.02%.
Is Patterson-UTI Energy Inc subject to short interest?
Stocks of Patterson-UTI Energy Inc saw a sharp steep in short interest on 2025-07-15 dropping by -2.43 million shares to 35.22 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 37.65 million shares. A decline of -6.89% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.07 of the overall float, the days-to-cover ratio (short ratio) decline to 3.07.
Which companies own the most shares of Patterson-UTI Energy Inc (PTEN)?
In terms of Patterson-UTI Energy Inc share price expectations, FactSet research, analysts set an average price target of 9 in the next 12 months, up nearly 65.44% from the previous closing price of $5.44. Analysts anticipate Patterson-UTI Energy Inc stock to reach 9 by 2025, with the lowest price target being 9. In spite of this, 10 analysts ranked Patterson-UTI Energy Inc stock as Buy at the end of 2025.
