Flotek Industries (NYSE:FTK) Stock Jumps 5.6% – Should You Buy?

Flotek Industries, Inc. (NYSE:FTK)’s stock price rose 5.6% during mid-day trading on Tuesday. The stock traded as high as $26.80 and last traded at $27.0950. Approximately 52,522 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 380,847 shares. The stock had previously closed at $25.65.

Trending Headlines about Flotek Industries

Here are the key news stories impacting Flotek Industries this week:

• Neutral Sentiment: Multiple law firms are soliciting investors who purchased FTK shares between August 3 and August 17, 2026 to seek lead-plaintiff status by October 26. These announcements are largely procedural and repeat the same lawsuit information rather than reporting a new operating development. Rosen Law Firm deadline notice
• Negative Sentiment: The lawsuits allege Flotek presented a roughly $400 million Puerto Rico power contract—representing about 57% of its backlog—without disclosing credible doubts about the consortium behind the agreement. The contract was subsequently terminated, and the company’s shares reportedly reached $38.82 during the brief announcement period before declining. Levi & Korsinsky lawsuit notice
• Negative Sentiment: The growing number of law-firm announcements increases visibility around potential securities-law violations under Sections 10(b) and 20(a) and could add legal, financial, and reputational risks for Flotek. The allegations have not been proven, and the notices do not indicate a final court finding or settlement. Portnoy Law Firm class-action notice

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings cut Flotek Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 2nd. JonesTrading began coverage on shares of Flotek Industries in a research note on Thursday, July 9th. They issued a “buy” rating and a $40.00 target price for the company. Finally, Lake Street Capital upped their target price on shares of Flotek Industries from $40.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $34.67.

Flotek Industries Trading Down 8.5%

The business has a 50 day simple moving average of $28.29 and a two-hundred day simple moving average of $23.59. The company has a current ratio of 1.78, a quick ratio of 1.50 and a debt-to-equity ratio of 0.31. The company has a market cap of $897.31 million, a PE ratio of 25.02 and a beta of 1.42.

Flotek Industries (NYSE:FTK) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.13 by $0.13. Flotek Industries had a return on equity of 21.57% and a net margin of 12.97%. The firm had revenue of $99.37 million during the quarter, compared to analyst estimates of $69.51 million. On average, analysts forecast that Flotek Industries, Inc. will post 0.79 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $26.01, for a total transaction of $60,000,024.06. Following the transaction, the insider directly owned 3,693,194 shares in the company, valued at $96,059,975.94. This represents a 38.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Matthew Wilks bought 1,319,493 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average cost of $26.01 per share, for a total transaction of $34,320,012.93. Following the completion of the transaction, the director directly owned 1,477,285 shares of the company’s stock, valued at approximately $38,424,182.85. The trade was a 836.22% increase in their position. The SEC filing for this purchase provides additional information. 2.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Flotek Industries

A number of large investors have recently bought and sold shares of FTK. Squarepoint Ops LLC increased its stake in Flotek Industries by 51.8% during the second quarter. Squarepoint Ops LLC now owns 111,425 shares of the oil and gas company’s stock worth $2,621,000 after acquiring an additional 38,046 shares during the last quarter. Round Rock Advisors LLC raised its holdings in shares of Flotek Industries by 203.4% in the 2nd quarter. Round Rock Advisors LLC now owns 81,471 shares of the oil and gas company’s stock worth $1,916,000 after purchasing an additional 54,620 shares during the period. AWM Investment Company Inc. purchased a new position in shares of Flotek Industries in the 2nd quarter worth about $706,000. Bank of New York Mellon Corp acquired a new position in shares of Flotek Industries in the 2nd quarter valued at about $1,160,000. Finally, Masters Capital Management LLC lifted its stake in shares of Flotek Industries by 8.9% in the 1st quarter. Masters Capital Management LLC now owns 1,089,438 shares of the oil and gas company’s stock valued at $18,488,000 after purchasing an additional 89,438 shares in the last quarter. Hedge funds and other institutional investors own 10.90% of the company’s stock.

Flotek Industries Company Profile

Flotek Industries, Inc is a technology company that develops and supplies specialty green chemistry and data-driven solutions for the energy industry. Its offerings are designed to help oil and natural gas producers improve well performance, manage production processes and reduce the environmental impact of energy operations.

Through its Chemistry Technologies segment, Flotek provides biodegradable and environmentally focused chemical products used in drilling, cementing, stimulation, completion and production activities.