Wilks Family's THRC Holdings Adds $2.9M More ProFrac Stock
ACDC sits 56% above its 52-week low of $3.08.
Summary
THRC Holdings, LP bought $2.9 million of ProFrac stock on August 21–25, increasing the Wilks family's stake to 83.8 million shares and extending a multi-week accumulation pattern.
Key Events · Ownership and Investor Activity · ACDC
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THRC Holdings Buys $2.9M More Stock
THRC Holdings, LP acquired 607,227 shares for $2,867,649 across three open-market purchases on August 21, 24, and 25 at prices ranging from $4.63 to $4.82.
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Wilks Family Stake Rises to 83.8M Shares
Post-transaction holdings reached 83,816,235 shares, up from 83,209,008 shares before this filing's purchases.
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Extends Multi-Week Accumulation
Follows THRC's $3.6 million purchase on August 12 and CEO Matthew Wilks' $401,851 buy on August 10–11, bringing total recent family buying to over $6.5 million.
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Buying Despite Q2 Loss and CEO Exit
Purchases come after ProFrac reported a $74.7 million Q2 net loss and announced the CEO's resignation on August 6, 2026.
Analysis · ACDC · Energy & Transportation
THRC Holdings, LP, the Wilks family investment vehicle, bought another $2.9 million of ProFrac stock across three trading days in late August, lifting its stake to 83.8 million shares. This extends a clear accumulation pattern: the family has now deployed over $6.5 million in open-market purchases since mid-August, including CEO Matthew Wilks' $401,851 buy and THRC's earlier $3.6 million purchase. The buying comes despite ProFrac's Q2 net loss of $74.7 million and the CEO's resignation, suggesting the controlling family sees value at prices near $4.70–$4.81.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ACDC was trading at $4.79 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $850.5M. The 52-week trading range was $3.08 to $8.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.