Bank of America just raised its EUR/USD forecast
In a recent filing with the Securities and Exchange Commission, Alexander I. Abell reported the sale of 25,000 shares of P10, Inc. (NYSE:PX) Class A common stock. The shares were sold on December 26 at a weighted average price of $12.935, totaling approximately $323,375. Following this transaction, Abell retains direct ownership of 325,000 shares in the $1.41B market cap company. According to InvestingPro data, P10 has shown remarkable momentum with a 49.48% return over the past six months.
The transaction involved multiple trades, with prices ranging from $12.92 to $12.97 per share. The filing indicates that Abell might be part of a group holding more than 10% of P10's common stock. InvestingPro analysis reveals 8 additional key insights about P10's financial health and valuation, available in the comprehensive Pro Research Report, which provides deep-dive analysis of 1,400+ top US stocks.
In other recent news, P10 Inc (NYSE:PX). reported a substantial 26% year-over-year revenue increase in the third quarter of 2024, surpassing estimates by 11%. The company's EBITDA margin also exceeded expectations by nearly 30%, reaching 47.6%. P10 Inc. recently announced its acquisition of Qualitas Funds, a strategic move expected to enhance the company's European presence and investor base. Financial services firm Stephens maintained an Overweight rating on P10 Inc's stock and raised the price target from $12 to $13, expressing confidence in the company's performance. P10 Inc. appointed Mike Goodwin as its new Chief Information Officer, expected to boost the firm's operational and technological capabilities. Lastly, as part of its disciplined capital allocation strategy, P10 Inc. declared a quarterly cash dividend of $0.035 per share. These are recent developments and analysts maintain a positive outlook for the company, expecting it to remain profitable this year.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.