Wilks Matthew

Executive Chairman Wilks buys 43,297 shares ($164,577.51) at $3.80 avg; stock down 65.0% YTD, unprofitable with -16.7% revenue decline.

Wilks Matthew purchased 43,297 shares across 2 separate transactions on 2025-09-08 for $164,577.51, increasing his holdings from 378,800 to 422,097 shares (+11.4%). The purchase occurs when ACDC trades at $3.68, down 65.0% from its 52-week high and fallen 41.7% over the prior 30 days. Fundamentals show the company is unprofitable with net income of $-105,900,000 and annual revenue declining 16.7%, creating a backdrop of material business deterioration. His prior 5 trades at ACDC were all well-timed at the 90-day mark with returns ranging from +0.9% to +117.4%, though his most recent buy on 2025-05-13 exhibited +83.4% at 30 days before moderating to +23.3% at 90 days, suggesting diminishing momentum even within his strong ACDC track record. The timing and scale of this purchase warrant close attention given the sharp recent price decline, extended unprofitability, and negative revenue trajectory.

Director Wilks Matthew purchased 13,442 shares at blended avg $14.17 (May 14–15); holds 157,792 shares (+9.3%); stock up 130% in 30 days.

Matthew Wilks, a Director, executed two separate purchases totaling 13,442 shares for $190,535.46 on May 14–15 at a blended average price of $14.17, increasing his holdings from 144,350 to 157,792 shares. The stock is trading at $15.64, representing the 52-week high, and has experienced exceptional momentum: up 130.0% over the past 30 days and up 73.4% over the past 90 days. Notably, five prior FTK purchases by this insider occurred within days of this filing (May 9 and May 12), suggesting sustained accumulation during a period of sharp appreciation. While the insider's cross-ticker track record shows strong 90-day outcomes (60% win rate, +332.1% average return on prior buys), the rapid consecutive purchases at an accelerating stock price and at the 52-week high—rather than during a valley—merit scrutiny as to whether they reflect conviction or momentum-chasing during an already-inflated move.

Director Wilks Matthew purchased 136,324 shares ($1.7M) across 5 transactions at FTK, boosting holdings 1698.5% to 144,350 shares.

Wilks Matthew, a Director at Flotek Industries, executed 5 separate purchases totaling 136,324 shares for $1,650,911.66 on May 9 and May 12, 2025, at a blended average price of $12.11 per share. This represents a dramatic 1698.5% increase in his personal holdings from 8,026 shares to 144,350 shares. The transaction timing is notable: his prior 5 open-market purchases at FTK (all in June 2023) delivered exceptional 90-day returns ranging from +521.1% to +587.7%, establishing a 100% win rate for same-ticker timing. The current stock price of $14.34 represents a 30-day return of +123.4% since the initial purchase dates, and the stock sits at its 52-week high with a relatively tight valuation at P/E 29.88. The scale and concentration of this accumulation—moving from minimal holdings to representing 33.7% of his tracked position in a single filing—combined with his historical success timing FTK's rallies, indicates intentional capital deployment at a scale distinct from routine portfolio management.

Executive Chairman Wilks buys 90,044 shares (90.0K) at blended $4.73 for $425,988.17; holdings increase 31.2% to 378.8K shares

Matthew Wilks, Executive Chairman of ProFrac Holding Corp. (ACDC), deployed approximately $426,000 across 4 separate purchases totaling 90,044 shares between May 9–13, 2025, at prices ranging from $4.08 to $4.94. This transaction increases his post-transaction holdings by 31.2% versus his prior stake, representing a material accumulation. However, ACDC's operating context remains challenged: the company reported negative net income of $-17.5M in its latest quarter and full-year net income was negative, with annual revenue declining 16.7% year-over-year. At the same ticker, Wilks' prior 5 trades show a 0-for-5 track record of being well-timed at the 90-day mark, with an average 90d return of -10.9% (inclusive of the 2025-02-26 buy which is still within its measurement window). While his cross-ticker track record shows stronger execution (60% 90-day win rate, average 90d return +332.1%), the persistent pattern of unfavorable outcomes at ACDC specifically warrants investor attention to the company's ability to stabilize operations and reverse its negative momentum.

Executive Chairman Matthew Wilks buys 288.8K ACDC shares at $6.93; prior ACDC buys have underperformed at 90-day horizon.

Matthew Wilks, Executive Chairman, purchased 288.8K shares of ProFrac Holding Corp. (ACDC) at $6.93 on 2025-02-26, establishing a new 288.8K-share position. His cross-ticker track record shows 10 prior open-market buys averaging +292.8% over 30 days and +332.1% over 90 days with a 60.00% win rate. However, his same-ticker history at ACDC is markedly weaker: of 4 prior buys since May 2023, none achieved positive 90-day returns, with the most recent two buys in November 2024 declining -5.9% and -5.2% respectively over 30 days. The current stock price of $7.17 reflects a -5.7% decline over 30 days and sits -25.6% from its 52-week high of $9.64. Fundamentally, ProFrac reported $575.3M in latest-quarter revenue but carries a $-45.2M net loss and remains unprofitable over its most recent full fiscal year, despite +8.4% annual revenue growth. The tension between Wilks' strong broad-market track record and his repeated poor timing at this specific ticker warrants scrutiny of whether this purchase reflects conviction specific to ACDC or follows a pattern detached from price momentum at this holding.

Executive Chairman Wilks buys 79,960 shares at avg $7.79 for $623,068.40; poor timing history at ACDC, up 54.5% in 30d.

Matthew Wilks, Executive Chairman of ProFrac (ACDC), purchased 79,960 shares across 2 transactions totaling $623,068.40 at an average blended price of $7.79, increasing his holdings by +5.6% to 1.52M shares. The company is currently unprofitable with full-year net income of $-45.2M against quarterly revenue of $575.3M; despite an 8.4% annual revenue growth rate, the fundamental backdrop remains stressed. While ACDC has surged 54.5% over the past 30 days and Wilks' cross-ticker track record shows a 75% 90-day win rate with avg 90d return of +416.3%, his execution record at ACDC specifically is poor: 0 of 2 prior buys at this ticker were well-timed at the 90-day mark, with his May 2024 purchase showing -27.2% 90d return. The timing context—buying into a sharp 30-day rally, at a blended price $1.34 below current levels—merits observation, especially given persistent unprofitability and lackluster same-ticker timing history.