New insider activity at P10 Holdings ( (PX) ) has taken place on February 25, 2025.
Edwin A. Poston has recently sold 152,152 shares of P10 Holdings stock, amounting to a total value of $1,976,454.
Recent Updates on PX stock
In the last 24 hours, P10 Holdings, Inc. has seen significant developments following its Q4 earnings report. The company reported strong financial performance, with a 35% increase in Q4 revenue and a 23% rise for the full year 2024. This robust performance was driven by record fundraising and strategic acquisitions, including the closure of Bonaccord Capital Partners Fund II and the acquisition of Qualitas Funds. However, the company faces challenges with margin pressures due to a mix shift in its portfolio and non-recurring catch-up fees. Analyst John Campbell from Stephens raised the price target for P10, citing the company’s encouraging results and potential for continued double-digit revenue growth, excluding catch-up fees. Conversely, Barclays lowered its price target due to concerns over potential adverse impacts from a change in tax reporting, despite P10’s earnings beating expectations by 15%. Additionally, P10 authorized an additional $40 million for its share repurchase program, indicating confidence in its future prospects.
More about P10 Holdings
YTD Price Performance: 0.62%
Average Trading Volume: 728,512
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.44B