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Director Brett T. Agee of Ranger Energy Services, Inc. (NYSE:RNGR), a $315 million market cap energy services company with a "GREAT" financial health rating according to InvestingPro, sold a total of 43,389 shares of Class A Common Stock on September 15 and 16. The sales, executed in multiple transactions, fetched a total of $627,456. The company currently trades at an attractive P/E ratio of 14.7x and shows strong financial metrics.
The sales occurred at prices ranging from $14.32 to $14.52 per share. Specifically, on September 15, Agee sold 7,015 shares at a weighted average price of $14.32. On September 16, he sold 22,985 shares at a weighted average price of $14.47, followed by another sale of 13,389 shares at a weighted average price of $14.52. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimate, with additional ProTips highlighting strong returns over both the last month and five years.
Following these transactions, Agee indirectly holds 1,001,805 shares through Bayou Well Holdings Company, LLC and 93,874 shares through a trust. Agee also directly holds 6,262 shares. For comprehensive insider trading analysis and access to 8 additional ProTips for RNGR, visit InvestingPro.
In other recent news, Ranger Energy Services reported its second-quarter 2025 earnings, exceeding analysts’ expectations with an earnings per share (EPS) of $0.32. This figure represents a 39.13% increase over the projected EPS of $0.23. However, the company did not meet revenue expectations, bringing in $140.6 million compared to the anticipated $143.4 million, which is a shortfall of 1.95%. Despite this revenue miss, the company’s earnings performance was notable. Analysts had been closely watching these figures, and the earnings beat provided a positive signal to investors. Ranger Energy Services’ recent financial results have garnered attention, reflecting the company’s ongoing business developments. The earnings results are a critical point of interest for investors, emphasizing the importance of monitoring both earnings and revenue performance. These developments highlight the dynamic nature of Ranger Energy Services’ financial landscape.
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