FTK - Flotek Industries, Inc.

NYSE - NYSE Delayed Price. Currency in USD
2.2500
-0.2000 (-8.16%)
At close: 4:02PM EDT

2.2500 0.00 (0.00%)
After hours: 4:41PM EDT

Stock chart is not supported by your current browser
Previous Close2.4500
Open2.4400
Bid2.2400 x 1000
Ask2.2500 x 800
Day's Range2.2400 - 2.4500
52 Week Range0.9500 - 4.0100
Volume456,337
Avg. Volume449,867
Market Cap129.82M
Beta (3Y Monthly)4.24
PE Ratio (TTM)5.75
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • 7 Stocks the Insiders Are Buying on Sale
    InvestorPlace

    7 Stocks the Insiders Are Buying on Sale

    [Editor's Note: This article is updated each week with the latest insider moves.]There are many reasons why an insider of a company may sell their stock. They may need to raise money for things such as a home purchase and a divorce settlement. However, there is only one reason why there would be insider buying of a stock. They believe that they will profit because it is currently undervalued.Insiders are people who have access to confidential information about a company. There have been numerous cases over the years where insiders take advantage of this in order to profit. For example, suppose an insider knows that news is about to be released that will make the stock go higher. The insider could buy it from a shareholder who does not have access to the news.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOne of the rules that the SEC has established to protect investors from this type of illicit activity is to require the insiders to publicly disclose when they are buying or selling their stock. This will help to prevent unethical insiders from taking advantage of uninformed investors.When I am thinking about buying a stock, I always like to see what the insiders are doing. I especially like to see if they are buying after the stock has seen a dramatic drop in price. This could be a sign that the stock is a good value at current levels. * 10 Recession-Resistant Services Stocks to Buy Here are seven stocks that insiders have been buying after they made large moves lower. The Chemours Company (CC)The Chemours Company (NYSE:CC) sells performance chemicals in markets all over the world.The price of CC stock has dropped from $40 a share to current levels around $16 since just this past April. This is due to the fact that the company has missed earnings estimates and reduced its guidance. Because of this, many of the firms that follow it on a research basis have reduced their ratings.Mark Newman is a Senior Vice President and the Chief Operating Officer of Chemours. He must believe that the stock is a great value at these levels because he just made a significant personal investment. Maybe he is attracted to the 6.1% dividend that the stock is currently yielding.On Sept. 11 he paid an average price of $16.42 for 20,000 shares. This was an investment of almost $330,000. Flowtek Industries Inc. (FTK)Flowtek Industries Inc. (NYSE:FTK) provides chemistry and other services to companies in the oil and gas industry.FTK stock dropped by about 40% in early August when shareholders were disappointed with earnings results. Before the report, shares were trading around $2.80. When the results were released, the stock fell to $2.The loss for the quarter was 21 cents. In fiscal 2018, the company reported a loss of $1.21 a share. This was significantly worse than the loss of 44 cents a share that was reported in 2017. * 10 Big IPO Stocks From 2019 to Watch David Nierenberg is a Director of the company. He must think that the sellers have overreacted to this news because he just made a substantial investment of almost $650,000. Between Sept. 10 and Sept. 12 Nierenberg acquired about 270,000 shares of stock. Signet Jewelers LTD. (SIG)Signet Jewelers LTD. (NYSE:SIG) sells jewelry, watches and other products.Like many other retailers, Signet has faced some challenges. This has caused the price of the stock to lose more than half of its value between March and early September.After reaching a 10-year low, SIG stock rallied after it reported earnings that were better than estimates. It also raised its guidance.Two insiders of this company must think that things are turning around and that this rally will continue. They each just made large purchases of the stock. Virginia Drosos is the CEO of Signet. She just made an investment of over $50,000 when she paid $14.14 for 4,000 shares.Joan Hilson is the Chief Financial Officer. She made an even larger investment when she bought 7,500 shares at $14.56 a share. This was almost $110,000. That's not chump change. Aerie Pharmaceuticals, Inc. (AERI)Aerie Pharmaceuticals, Inc. (NASDAQ:AERI) develops and sells therapies for the treatment of eye diseases.Over the past year, the price of AERI stock dropped by more than 60%. Last September, shares traded for over $60 a share. This September, shares traded below $20.Because of this, there has been a significant amount of insider buying. Richard Rubino is the Chief Financial Officer of Aerie. He just invested $100,000 when he paid $19.93 for 5,040 shares.Vicente Anido is the CEO of the company. He must also be bullish on the long-term prospects. He just made an investment of $500,000 when he recently bought 26,000 shares. * 7 Dow Titans Breaking Higher Wall Street is also bullish on the company; 10 firms follow it and 9 of them have buy ratings on it. The average target price is around $63. This is almost 3 times higher than where it is currently trading. Phunware, Inc. (PHUN)Phunware, Inc. (NASDAQ:PHUN) provides multiscreen-as-a-service cloud platforms for mobile devices.Over the past few months, the price of PHUN stock has dropped from around $4 a share to as low as $1.14 in mid-August. Since then, it has had an impressive recovery and has rallied to current levels around $1.73.There have been some positive developments for Phunware. In July, the company announced that is had been added to the Russel Microcap index. In addition, it also announced that it has partnered with L&T Technology Services to implement its platform on a corporate campus for an undisclosed Fortune 50 company.Randal Crowder is the Chief Operating Officer of Phunware. He must believe that the stock will continue to rally. He recently bought almost 40,000 shares on the open market. There has been buying by other insiders as well. Nektar Therapeutics (NKTR)Nektar Therapeutics (NASDAQ:NKTR) develops drugs for cancer, autoimmune disease and chronic pain.Over the past year, the price of NKTR stock has dropped from $80 per share to current levels around $20. This could be because the company has reported losses in each of the last four quarters. In the most recent quarter, the loss for Nektar was 63 cents a share.Stephen Dobersten is a Senior Vice President and Chief Scientific Officer of the company. He must believe that the stock is a good value at these levels. He just invested $260,000 of his personal funds when he paid $17.28 for 15,000 shares. * 7 Momentum Stocks to Buy On the Dip The Street believes that the stock is undervalued as well; 13 firms follow NKTR stock. The average rating is overweight and the average target price is $39.45. This is almost twice as high as where it is currently trading. Meredith Corporation (MDP)Meredith Corporation (NYSE:MDP) operates as a diversified media company.MDP stock dropped by almost 25% in early September when the company reported earnings that disappointed investors. Since then it has recovered somewhat.Thomas Harty is the President and CEO of the company. He must believe that the sellers overreacted when they knocked the stock down. He just paid $35.02 for 12,000 shares. This was a personal investment of more than $420,000.Five Wall Street research firms follow Meredith and they seem to like it as well. The average rating is overweight. The average target price is $48.80. This is about 10 dollars higher than where it is currently trading. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 7 Stocks the Insiders Are Buying on Sale appeared first on InvestorPlace.

  • 4 Cheap Value Stocks Trading Below Book Value With Net Cash
    GuruFocus.com

    4 Cheap Value Stocks Trading Below Book Value With Net Cash

    Some deep-value stock ideas Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of FTK earnings conference call or presentation 8-Aug-19 2:00pm GMT

    Q2 2019 Flotek Industries Inc Earnings Call

  • Is Flotek Industries, Inc. (NYSE:FTK) Excessively Paying Its CEO?
    Simply Wall St.

    Is Flotek Industries, Inc. (NYSE:FTK) Excessively Paying Its CEO?

    In 2012 John Chisholm was appointed CEO of Flotek Industries, Inc. (NYSE:FTK). This report will, first, examine the...

  • Will Flotek Industries (FTK) Report Negative Earnings Next Week? What You Should Know
    Zacks

    Will Flotek Industries (FTK) Report Negative Earnings Next Week? What You Should Know

    Flotek Industries (FTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Here’s What Hedge Funds Think About Flotek Industries Inc (FTK)
    Insider Monkey

    Here’s What Hedge Funds Think About Flotek Industries Inc (FTK)

    We at Insider Monkey have gone over 738 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article, we look at what those funds think of Flotek Industries Inc (NYSE:FTK) based on that […]

  • Easy Come, Easy Go: How Flotek Industries (NYSE:FTK) Shareholders Got Unlucky And Saw 89% Of Their Cash Evaporate
    Simply Wall St.

    Easy Come, Easy Go: How Flotek Industries (NYSE:FTK) Shareholders Got Unlucky And Saw 89% Of Their Cash Evaporate

    Flotek Industries, Inc. (NYSE:FTK) shareholders should be happy to see the share price up 12% in the last month. But...

  • Do Insiders Own Shares In Flotek Industries, Inc. (NYSE:FTK)?
    Simply Wall St.

    Do Insiders Own Shares In Flotek Industries, Inc. (NYSE:FTK)?

    If you want to know who really controls Flotek Industries, Inc. (NYSE:FTK), then you'll have to look at the makeup of...

  • Thomson Reuters StreetEvents

    Edited Transcript of FTK earnings conference call or presentation 9-May-19 2:00pm GMT

    Q1 2019 Flotek Industries Inc Earnings Call

  • Associated Press

    Flotek Industries: 1Q Earnings Snapshot

    The Houston-based company said it had profit of 57 cents per share. Losses, adjusted to account for discontinued operations, were 20 cents per share. The oilfield services company posted revenue of $43.3 ...

  • Analysts Estimate Flotek Industries (FTK) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Flotek Industries (FTK) to Report a Decline in Earnings: What to Look Out for

    Flotek Industries (FTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • ETFs & Stocks to Ride on Oil's Biggest Quarter in Decade
    Zacks

    ETFs & Stocks to Ride on Oil's Biggest Quarter in Decade

    The fundamentals for the energy market are extremely strong with the ability to stir up every kind of ETFs & stocks in the sector.

  • Houston-based chemical co. splits chairman and CEO role, adds Paul Hobby to board
    American City Business Journals

    Houston-based chemical co. splits chairman and CEO role, adds Paul Hobby to board

    The changes are part of an agreement Flotek reached with an investor that owns about 2.8 percent of the company.

  • Archer Daniels' Cost Savings & Project Readiness Bode Well
    Zacks

    Archer Daniels' Cost Savings & Project Readiness Bode Well

    Archer Daniels (ADM) gains from its strategic initiatives such as cost savings, management of business portfolio and Project Readiness.

  • Archer Daniels to Expand Citrus Portfolio With Ziegler Buyout
    Zacks

    Archer Daniels to Expand Citrus Portfolio With Ziegler Buyout

    Archer Daniels (ADM) to buy Europe-based Ziegler Group to bolster its natural citrus flavor portfolio. This follows the recent buyout of Florida Chemical based in the United States.

  • Thomson Reuters StreetEvents

    Edited Transcript of FTK earnings conference call or presentation 7-Mar-19 3:00pm GMT

    Q4 2018 Flotek Industries Inc Earnings Call

  • GuruFocus.com

    Flotek Industries Inc (FTK) Files 10-K for the Fiscal Year Ended on December 31, 2018

    Flotek Industries Inc develops and supplies chemistry and services to the oil and gas industries, and high value compounds to companies that make cleaning products, cosmetics, food and beverages and other products. Warning! GuruFocus has detected 1 Warning Sign with FTK. For the last quarter Flotek Industries Inc reported a revenue of $71.0 million, compared with the revenue of $79.46 million during the same period a year ago.

  • Archer Daniels Acquires FCC, Boosts Citrus Flavors Portfolio
    Zacks

    Archer Daniels Acquires FCC, Boosts Citrus Flavors Portfolio

    Archer Daniels (ADM) has acquired Florida Chemical's Consumer and Industrial Chemistry Technologies segment for $175 million in cash.

  • How Much is Flotek Industries, Inc.’s (NYSE:FTK) CEO Getting Paid?
    Simply Wall St.

    How Much is Flotek Industries, Inc.’s (NYSE:FTK) CEO Getting Paid?

    In 2012 John Chisholm was appointed CEO of Flotek Industries, Inc. (NYSE:FTK). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth thatRead More...

  • Archer Daniels Rides on Solid Cost Saving & Readiness Efforts
    Zacks

    Archer Daniels Rides on Solid Cost Saving & Readiness Efforts

    Archer Daniels (ADM) gains from its strategic efforts, including cost-savings plan, Project Readiness and management of business portfolio.

  • Company News For January 14, 2019
    Zacks

    Company News For January 14, 2019

    Companies in the news are: GM, ADM, FTK, SNX and PVH

  • Archer Daniels to Enhance Citrus Flavors With the FCC Buyout
    Zacks

    Archer Daniels to Enhance Citrus Flavors With the FCC Buyout

    Archer Daniels (ADM) agrees to buy FCC to reinforce its nutrition space with citrus flavors in a cash deal of $175 million.

  • TheStreet.com

    Flotek Shares Nearly Double After Selling Chemical Unit to Archer Daniels

    shares jumped more that 90% Friday after the Houston-based chemical and services provider for the oil and gas industry announced that it was selling its consumer and industrial chemistry technologies segment to Archer Daniels Midland Co. Flotek will sell its Florida Chemical business to the global food processor for $175 million in cash. In addition to Florida Chemical changing hands, the two companies also agreed to a long-term reciprocal supply agreement in which Flotek will continue to supply Florida Chemical with the flavoring agent D-limonene.

  • TechnipFMC Secures Contract From BP for Atlantis GoM Project
    Zacks

    TechnipFMC Secures Contract From BP for Atlantis GoM Project

    TechnipFMC (FTI) estimates the value of the contract in the range of $75-$250 million.

  • TechnipFMC & Saudi Aramco Ink Long-Term Offshore Agreement
    Zacks

    TechnipFMC & Saudi Aramco Ink Long-Term Offshore Agreement

    TechnipFMC (FTI) will provide engineering, procurement, fabrication, transportation & installation services for Saudi Aramco's offshore prospects, per its long-term Offshore Agreement with the latter.