Flotek Industries (NYSE:FTK) Director Matthew Wilks Acquires 1,319,493 Shares

Flotek Industries, Inc. (NYSE:FTK) Director Matthew Wilks purchased 1,319,493 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average cost of $26.01 per share, with a total value of $34,320,012.93. Following the completion of the transaction, the director owned 1,477,285 shares in the company, valued at $38,424,182.85. This trade represents a 836.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Flotek Industries Stock Up 2.3%

NYSE:FTK traded up $0.59 during mid-day trading on Tuesday, hitting $26.93. 281,226 shares of the company’s stock were exchanged, compared to its average volume of 538,229. The company has a market cap of $975.55 million, a PE ratio of 27.21 and a beta of 1.47. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 1.50. Flotek Industries, Inc. has a one year low of $11.50 and a one year high of $39.67. The business has a fifty day moving average price of $27.01 and a 200 day moving average price of $21.80.

Flotek Industries (NYSE:FTK) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.13. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%. The firm had revenue of $99.37 million during the quarter, compared to analyst estimates of $69.51 million. Equities analysts predict that Flotek Industries, Inc. will post 0.76 EPS for the current year.

Trending Headlines about Flotek Industries

Here are the key news stories impacting Flotek Industries this week:

• Positive Sentiment: Lake Street raises price target to $44 and reiterates Buy. The new target implies substantial upside from the referenced share price and signals confidence in Flotek’s outlook despite recent volatility. Lake Street Capital price target report
• Positive Sentiment: FY2027 EPS estimates were increased. The upward revision suggests at least one analyst sees improving future profitability, which could help support investor sentiment. FY2027 EPS estimate report
• Neutral Sentiment: Multiple law firms are seeking lead plaintiffs for the same securities class action. Investors who purchased Flotek securities generally between August 3 and August 14 or 17, 2026, have until October 26, 2026 to seek lead-plaintiff status. The notices largely repeat one another rather than represent separate lawsuits. Faruqi and Faruqi class action notice
• Negative Sentiment: The litigation alleges Flotek made misleading disclosures about a roughly $400 million Puerto Rico PREPA contract. Claims reportedly focus on undisclosed doubts about consortium-partner capacity, an allegedly unauthorized signature, and the involvement of a convicted felon. The agreement’s unwind previously caused shares to fall nearly 30%, and the ongoing legal exposure may continue weighing on investor confidence. The allegations have not been proven. Flotek PREPA contract class action notice

Institutional Investors Weigh In On Flotek Industries

Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in Flotek Industries by 71.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 691,593 shares of the oil and gas company’s stock worth $11,736,000 after buying an additional 288,064 shares during the last quarter. Bard Associates Inc. purchased a new stake in shares of Flotek Industries during the 4th quarter valued at about $3,279,000. Royce & Associates LP grew its stake in shares of Flotek Industries by 41.6% in the fourth quarter. Royce & Associates LP now owns 507,125 shares of the oil and gas company’s stock worth $8,738,000 after acquiring an additional 148,876 shares during the period. CenterBook Partners LP grew its stake in shares of Flotek Industries by 64.7% in the fourth quarter. CenterBook Partners LP now owns 289,026 shares of the oil and gas company’s stock worth $4,980,000 after acquiring an additional 113,507 shares during the period. Finally, Masters Capital Management LLC raised its holdings in shares of Flotek Industries by 8.9% during the first quarter. Masters Capital Management LLC now owns 1,089,438 shares of the oil and gas company’s stock valued at $18,488,000 after purchasing an additional 89,438 shares during the last quarter. 10.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Weiss Ratings cut shares of Flotek Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Lake Street Capital raised their price objective on shares of Flotek Industries from $40.00 to $44.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, JonesTrading started coverage on shares of Flotek Industries in a report on Thursday, July 9th. They issued a “buy” rating and a $40.00 target price for the company. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.67.

About Flotek Industries

Flotek Industries, Inc is a Houston, Texas-based technology company that develops and commercializes specialty green chemistry solutions. Its products are designed to help customers improve operational efficiency, reduce environmental impacts and manage resource use across energy, industrial and consumer applications.

The company’s principal offerings serve the oil and gas industry, including chemistry technologies used in well completion, production and other field operations. Flotek’s CnF® technology is a flagship product line intended to enhance hydrocarbon recovery while supporting efforts to reduce emissions, water consumption and the use of conventional chemical additives.