Prudential Financial Inc. Has $2.26 Million Position in ProPetro Holding Corp. $PUMP
Prudential Financial Inc. increased its stake in ProPetro Holding Corp. by 256.5% in Q2, owning 377,904 shares valued at $2.26 million. Other institutional investors also adjusted their positions. Analysts have mixed ratings on ProPetro, with a consensus "Hold" rating and a price target of $11.00. ProPetro's stock rose 5.8% to $11.11, with a market cap of $1.15 billion. The company reported a Q3 EPS of ($0.02), beating estimates, and revenue of $293.92 million, down 18.6% year-over-year.
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