{
  "id": 3632598,
  "title": "Profrac director Dan Wilks buys $2.87m in company stock",
  "url": "https://urgent.news/2026/08/27/profrac-director-dan-wilks-buys-2-87m-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T01:16:16.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/profrac-director-dan-wilks-buys-287m-in-company-stock-93CH-4878189"
  },
  "original_language": "en",
  "account": null,
  "summary": "ProFrac Holding Corp. (NASDAQ:ACDC) saw significant insider buying by its director and 10% owner, Dan H. Wilks, who acquired approximately $2.87 million worth of the company's Class A common stock in late August 2026. The purchases were made indirectly through THRC Holdings LP, with shares bought at weighted average prices ranging between $4.7026 and $4.8062. Following these transactions, Mr. Wilks' indirect beneficial ownership in ProFrac Holding Corp. Class A common stock increased to 88,107,422 shares. Despite the share price currently trading at $4.63, down from its 52-week high of $8.22, and the company operating with a significant debt burden and posting a loss of $2.30 per share over the last twelve months, the acquisitions indicate confidence in the company's future prospects.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}