Calfrac Well Services Ltd (TSE:CFW) insider Wilks Brothers, Llc purchased 150,300 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were acquired at an average price of C$3.50 per share, for a total transaction of C$526,050.00.

Wilks Brothers, Llc also recently made the following trade(s):

  • On Tuesday, August 29th, Wilks Brothers, Llc purchased 429,100 shares of Calfrac Well Services stock. The shares were acquired at an average price of C$3.45 per share, for a total transaction of C$1,480,395.00.
  • On Friday, August 4th, Wilks Brothers, Llc purchased 754,300 shares of Calfrac Well Services stock. The shares were acquired at an average price of C$3.37 per share, for a total transaction of C$2,541,991.00.

Shares of Calfrac Well Services Ltd (TSE:CFW) traded up 0.27% during trading on Friday, hitting $3.70. The company had a trading volume of 172,554 shares. Calfrac Well Services Ltd has a 1-year low of $2.23 and a 1-year high of $5.34. The firm’s market capitalization is $506.06 million. The company’s 50 day moving average is $3.33 and its 200 day moving average is $3.37.

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A number of equities analysts have issued reports on CFW shares. Canaccord Genuity cut their price target on Calfrac Well Services from C$4.00 to C$3.00 in a report on Tuesday, July 11th. National Bank Financial increased their price target on Calfrac Well Services from C$4.25 to C$5.75 and gave the stock an “outperform” rating in a report on Wednesday, July 26th. Royal Bank Of Canada increased their price target on Calfrac Well Services from C$4.00 to C$5.00 and gave the stock a “sector perform” rating in a report on Thursday, July 27th. CIBC cut their price target on Calfrac Well Services from C$5.75 to C$4.00 in a report on Thursday, July 20th. Finally, BMO Capital Markets cut their price target on Calfrac Well Services from C$5.50 to C$4.50 and set a “market perform” rating on the stock in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Calfrac Well Services currently has an average rating of “Hold” and a consensus price target of C$4.85.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba.

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