Calfrac Well Services Ltd (TSE:CFW) insider Wilks Brothers, Llc purchased 2,453,000 shares of the business’s stock in a transaction on Wednesday, September 13th. The stock was purchased at an average cost of C$4.25 per share, for a total transaction of C$10,425,250.00.

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

  • On Wednesday, September 6th, Wilks Brothers, Llc purchased 284,000 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.83 per share, for a total transaction of C$1,087,720.00.
  • On Thursday, September 7th, Wilks Brothers, Llc purchased 140,000 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.85 per share, for a total transaction of C$539,000.00.
  • On Friday, September 8th, Wilks Brothers, Llc purchased 135,200 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.83 per share, for a total transaction of C$517,816.00.
  • On Tuesday, August 29th, Wilks Brothers, Llc purchased 429,100 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.45 per share, for a total transaction of C$1,480,395.00.
  • On Wednesday, August 30th, Wilks Brothers, Llc purchased 150,300 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.50 per share, for a total transaction of C$526,050.00.
  • On Friday, August 4th, Wilks Brothers, Llc purchased 754,300 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.37 per share, for a total transaction of C$2,541,991.00.

Calfrac Well Services Ltd (CFW) traded down 3.02% during midday trading on Thursday, reaching $4.18. 493,754 shares of the company traded hands. The company has a 50 day moving average price of $3.54 and a 200-day moving average price of $3.35. The stock’s market capitalization is $571.71 million. Calfrac Well Services Ltd has a one year low of $2.23 and a one year high of $5.34.

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A number of equities research analysts have issued reports on CFW shares. Canaccord Genuity cut their price target on shares of Calfrac Well Services from C$4.00 to C$3.00 in a report on Tuesday, July 11th. National Bank Financial lifted their target price on shares of Calfrac Well Services from C$4.25 to C$5.75 and gave the company an “outperform” rating in a research note on Wednesday, July 26th. Royal Bank Of Canada lifted their target price on shares of Calfrac Well Services from C$4.00 to C$5.00 and gave the company a “sector perform” rating in a research note on Thursday, July 27th. CIBC cut their target price on shares of Calfrac Well Services from C$5.75 to C$4.00 in a research note on Thursday, July 20th. Finally, BMO Capital Markets cut their target price on shares of Calfrac Well Services from C$5.50 to C$4.50 and set a “market perform” rating on the stock in a research note 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 issued a buy rating to the stock. Calfrac Well Services has an average rating of “Hold” and a consensus target price of C$4.90.

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.

Insider Buying and Selling by Quarter for Calfrac Well Services (TSE:CFW)

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