DexCom earnings beat by $0.03, revenue topped estimates
Mark C. Hood, Executive Vice President and Chief Administration Officer at P10, Inc. (NYSE:PX), has recently acquired 5,000 shares of the company’s Class A common stock. The shares were purchased at $9.81 each, totaling $49,050. According to InvestingPro data, the stock is currently trading below its Fair Value, despite showing strong fundamentals with a healthy current ratio of 1.89 and revenue growth of ~19% in the last twelve months. Following this transaction, Hood’s direct ownership in the company stands at 87,735 shares. This move reflects a continued investment in P10, Inc., based in Dallas, Texas. While the stock has declined about 25% over the past six months, InvestingPro analysis reveals 8 additional key insights about the company’s valuation and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, P10 Inc reported its first quarter 2025 earnings, revealing an earnings per share (EPS) of $0.04, significantly below the forecasted $0.21. The company’s revenue also fell short, coming in at $67.7 million compared to the expected $70.1 million. Despite these setbacks, P10 Inc saw a 10% year-over-year growth in fee-paying assets under management, reaching $26.3 billion, driven by strategic acquisitions and successful fundraising efforts. Additionally, JPMorgan analyst Kenneth Worthington adjusted the price target for P10 to $14.50 from $15.00 but maintained an Overweight rating on the company’s shares. Worthington noted P10’s resilience against market slowdowns and geopolitical uncertainties, attributing it to the company’s focus on the lower middle market. P10’s recent acquisition of European solutions provider Qualitas was highlighted as a strategic move, expanding its global footprint. The company also announced a dividend increase to $3.75 per share and repurchased approximately 1.2 million shares. These developments indicate P10’s continued strategic positioning and growth efforts in the current market environment.
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