ProFrac's CEO Buys as the 8-Day Cross Just Confirmed
Matt Wilks runs ProFrac and he keeps coming back, three checks in the past year and $401,851 on this one at $5.02. The timing is what catches my eye. The 8-day crossed above the 20-day yesterday, so the systematic buyers are only now showing up, and Wilks was there ahead of them. Energy is one of the few groups with real strength across every timeframe right now, which gives this a tailwind. Just know the read isn't clean. The medium and long trends still say sell, and insiders on this name have only won about half the time at 30 days.
The Filing
| Ticker | ACDC |
| Company | ProFrac Holding Corp. |
| Insider | Matthew Wilks, Chief Executive Officer |
| Buy amount | $401,851 |
| Filing date | August 12, 2026 |
| Conviction | Interesting · 52/100 |
| Setup type | Trend Confirmation |
Ultimate members received this analysis in real time.