ProFrac (NASDAQ:ACDC) Stock Price Up 8.2% – Still a Buy?

07 Oct 2026, 07:00 by Doug Wharley · The Cerbat Gem

ProFrac Holding Corp. (NASDAQ:ACDC – Get Free Report)’s stock price was up 8.2% during trading on Monday. The company traded as high as $4.92 and last traded at $4.9550. 415,415 shares were traded during mid-day trading, a decline of 71% from the average session volume of 1,429,247 shares. The stock had previously closed at $4.58.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ProFrac in a research note on Monday, September 21st. Wall Street Zen raised shares of ProFrac from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Morgan Stanley reduced their target price on ProFrac from $5.00 to $4.50 and set an “underweight” rating for the company in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $5.25.

Get Our Latest Stock Analysis on ProFrac

ProFrac Price Performance

The firm has a market capitalization of $888.76 million, a PE ratio of -2.09 and a beta of 1.52. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.59 and a current ratio of 0.84. The business’s 50 day moving average is $4.79 and its two-hundred day moving average is $5.75.

Insider Activity

In related news, major shareholder Dan H. Wilks purchased 517,669 shares of ProFrac stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $4.86 per share, for a total transaction of $2,515,871.34. Following the completion of the transaction, the insider owned 87,297,864 shares in the company, valued at $424,267,619.04. This trade represents a 0.60% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Holdings Lp Thrc bought 363,757 shares of ProFrac stock in a transaction on Monday, August 24th. The shares were bought at an average cost of $4.70 per share, with a total value of $1,709,657.90. Following the acquisition, the insider directly owned 83,785,415 shares in the company, valued at approximately $393,791,450.50. This represents a 0.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 2,014,454 shares of company stock worth $9,750,117. 2.23% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ACDC. Dimensional Fund Advisors LP boosted its stake in ProFrac by 156.5% during the first quarter. Dimensional Fund Advisors LP now owns 390,420 shares of the company’s stock valued at $2,421,000 after buying an additional 238,210 shares during the period. Walleye Capital LLC raised its holdings in shares of ProFrac by 328.6% in the 1st quarter. Walleye Capital LLC now owns 347,911 shares of the company’s stock valued at $2,157,000 after acquiring an additional 266,742 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of ProFrac by 186.9% in the 1st quarter. Bank of America Corp DE now owns 175,664 shares of the company’s stock valued at $1,089,000 after acquiring an additional 114,429 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of ProFrac during the 1st quarter valued at about $872,000. Finally, Sei Investments Co. grew its holdings in shares of ProFrac by 91.6% during the first quarter. Sei Investments Co. now owns 99,986 shares of the company’s stock worth $620,000 after purchasing an additional 47,800 shares in the last quarter. 12.75% of the stock is owned by institutional investors.

About ProFrac

(Get Free Report)

ProFrac Holding Corp. is an energy services company that provides hydraulic fracturing and other completion services to oil and natural gas producers. Its operations support the development of unconventional wells, where specialized equipment and high-pressure pumping are used to stimulate underground formations and improve hydrocarbon recovery.