In a filing, ProFrac Holding Corp revealed its 10% Owner THRC Holdings, LP acquired Company’s shares for reported $2.38 million on May 15 ’25. In the deal valued at $6.10 per share,390,253 shares were bought. As a result of this transaction, THRC Holdings, LP now holds 79,648,695 shares worth roughly $657.1 million.
Then, THRC Holdings, LP bought 207,163 shares, generating $1,294,354 in total proceeds. Upon buying the shares at $6.25, the 10% Owner now owns 79,855,858 shares.
Before that, THRC Holdings, LP bought 23,584 shares. ProFrac Holding Corp shares valued at $144,322 were divested by the 10% Owner at a price of $6.12 per share. As a result of the transaction, THRC Holdings, LP now holds 79,258,442 shares, worth roughly $653.88 million.
JP Morgan downgraded its ProFrac Holding Corp [ACDC] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid October from “an Equal-weight” to “an Underweight”. Stifel also remained covering ACDC and has decreased its forecast on October 11, 2024 with a “Hold” recommendation from previously “Buy” rating. Seaport Research Partners revised its rating on January 02, 2024. It rated ACDC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ACDC
On Monday, ProFrac Holding Corp [NASDAQ:ACDC] saw its stock fall -11.95%% to $8.25. Over the last five days, the stock has lost -9.84%. ProFrac Holding Corp shares have risen nearly 11.34% since the year began. Nevertheless, the stocks have risen 6.31% over the past one year. While a 52-week high of $10.70 was reached on 06/18/25, a 52-week low of $3.83 was recorded on 05/08/25.
Levels Of Support And Resistance For ACDC Stock
The 24-hour chart illustrates a support level at 7.71, which if violated will result in even more drops to 7.16. On the upside, there is a resistance level at 9.29. A further resistance level may holdings at 10.32.
How much short interest is there in ProFrac Holding Corp?
A steep rise in short interest was recorded in ProFrac Holding Corp stocks on 2025-05-30, dropping by -0.78 million shares to a total of 4.01 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 4.79 million shares. There was a decline of -19.55%, which implies that there is a negative sentiment for the stock.
