Travis Barnes Buys Shares of RPC
Travis Barnes acquired 22,699 shares of RPC on June 18, 2026.
Key Points
- Travis Barnes purchased 22,699 shares of RPC on June 18, 2026.
- RPC stock traded at $7.54 on Tuesday.
- Other insiders, including Scott Gwilliam and Tracey Benford, also bought shares on the same day.
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Travis Barnes, an insider at RPC, purchased 22,699 shares of the company on June 18, 2026. This move was part of a series of insider buys that day, showing a significant interest in the company's stock.
Insider Buying and Selling at Ridgepost Capital, Inc
On June 18, 2026, Travis Barnes bought 22,699 shares of RPC. This transaction was not part of a pre-planned trading program. Barnes was not alone in his purchases; other insiders, including Gwilliam Scott and Tracey Benford, also acquired shares on the same day, with Scott buying 24,540 shares and Benford purchasing 30,675 shares.
Other Institutional Activity in RPC
Several institutional investors have also been active in RPC. FMR LLC reduced its holdings by 841,375 shares, now holding about 5,326,655 shares valued at $38.67 million, reflecting a 13.6% decrease. In contrast, BlackRock, Inc. opened a new position with 4,003,040 shares worth approximately $29.06 million. Capital World Investors also started a new position, acquiring 3,790,553 shares valued at about $27.52 million. Nomura Asset Management International Inc. increased its stake by 566,506 shares, a 18.7% rise, bringing its total to 3,598,384 shares worth $26.12 million. Meanwhile, River Road Asset Management, LLC reduced its position by 1,751,774 shares, a 34.1% decrease, holding 3,387,144 shares valued at $24.59 million.
Ridgepost Capital, Inc Stock Down 12.5%
Shares of RPC traded near $7.54 on Tuesday. The company has seen various movements in institutional holdings, which could influence its stock performance in the coming months.
$RPC stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Barclays maintained its 'buy' rating on RPC, setting a price target of $12.00 on February 17, 2026. Previously, on February 13, 2026, Barclays had also maintained a 'buy' rating with a target of $11.00.
Bottom Line
Travis Barnes' recent purchase of RPC shares adds to a series of insider buys, reflecting confidence in the company. Institutional activity shows mixed movements, with some funds increasing their positions while others are reducing or initiating new stakes. Investors will be watching how these insider and institutional actions affect the company's stock in the future.
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