In a recent SEC filing, P10, Inc., a Dallas-based firm specializing in investment advice, announced the appointment of Andrew Corsi as the new Chief Accounting Officer, effective January 1, 2025. Corsi, who previously held the position of Corporate Controller since April 2021, succeeds Amanda Coussens in the role. Coussens will continue her duties as the Chief Financial Officer and the Company’s principal financial officer.
Andrew Corsi, 39, brings a wealth of experience to his new role as Chief Accounting Officer at P10, Inc. His tenure at the company began in 2021 as Corporate Controller, following a significant period at Goldman, Sachs & Co., where he served as a Vice President and an Associate.
Corsi's early career was marked by his time at Ernst & Young, where he worked as a consultant for public companies. A licensed CPA in Texas, Corsi's academic credentials include a Master of Science and a Bachelor of Arts in Accounting, both with honors, from Michigan State University's Broad College of Business.
P10, Inc., with its shares traded on the New York Stock Exchange under the ticker NYSE:PX, is governed by Delaware law and concludes its fiscal year on December 31. The company's corporate headquarters are located at 4514 Cole Avenue, Suite 1600, Dallas, Texas.
With a market capitalization of $1.47 billion, P10 has shown remarkable momentum, delivering a 61% return over the past six months. According to InvestingPro analysis, the stock currently trades above its Fair Value, with analysts setting price targets ranging from $13 to $21 per share.
In other recent news, P10 Inc (NYSE:PX). has seen significant developments. The company's third quarter of 2024 saw a 26% year-over-year revenue increase, exceeding estimates by 11%. This strong financial performance was accompanied by an impressive EBITDA margin of 47.6%, surpassing expectations.
JPMorgan analysts upgraded P10 Inc.'s stock from Neutral to Overweight, highlighting the company's niche focus and value creation potential. They anticipate the company's strong momentum to continue, backed by strategic mergers and acquisitions. A notable acquisition is that of Qualitas Funds, which is expected to broaden P10's European presence and investor base.
On the corporate side, P10 Inc. has made significant changes to its Controlled Company Agreement, and appointed Mike Goodwin as its new Chief Information Officer, a move expected to enhance operational and technological capabilities. Furthermore, Stephens, a financial services firm, maintained an Overweight rating on P10 Inc.'s stock and raised the price target from $12 to $13, reflecting confidence in the company's performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.