Flotek Industries Inc’s recent filing unveils that its Director Wilks Matthew acquired Company’s shares for reported $0.18 million on May 14 ’25. In the deal valued at $14.15 per share,13,040 shares were bought. As a result of this transaction, Wilks Matthew now holds 157,390 shares worth roughly $2.34 million.
Then, Wilks Matthew bought 402 shares, generating $6,026 in total proceeds. Upon buying the shares at $14.99, the Director now owns 157,792 shares.
Before that, Wilks Matthew bought 103,514 shares. Flotek Industries Inc shares valued at $1,266,784 were divested by the Director at a price of $12.24 per share. As a result of the transaction, Wilks Matthew now holds 144,350 shares, worth roughly $2.15 million.
ROTH MKM initiated its Flotek Industries Inc [FTK] rating to a Buy in a research note published on July 25, 2024; the price target was $6.50. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Noble Capital Markets began covering FTK with “an Outperform” recommendation on July 01, 2021. Seaport Global Securities revised its rating on August 08, 2018. It rated FTK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of FTK
On Friday, Flotek Industries Inc [NYSE:FTK] saw its stock fall -1.65% to $14.88. Over the last five days, the stock has lost -4.86%. Flotek Industries Inc shares have risen nearly 56.14% since the year began. Nevertheless, the stocks have risen 291.58% over the past one year. While a 52-week high of $15.96 was reached on 05/16/25, a 52-week low of $3.55 was recorded on 04/07/25. SMA at 50 days reached $9.28, while 200 days put it at $7.40.
Levels Of Support And Resistance For FTK Stock
The 24-hour chart illustrates a support level at 14.45, which if violated will result in even more drops to 14.01. On the upside, there is a resistance level at 15.27. A further resistance level may holdings at 15.65. The Relative Strength Index (RSI) on the 14-day chart is 78.07, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.07%. Stochastics %K at 89.46% indicates the stock is a selling.
