P10, Inc. Announces Dual Listing on NYSE Texas, Retaining Primary Listing on NYSE

P10, Inc. announces dual listing of Class A stock on NYSE Texas, maintaining primary listing on NYSE, effective August 15, 2025.

Quiver AI Summary

P10, Inc. announced a dual listing of its Class A common stock on NYSE Texas, a newly established electronic equities exchange based in Dallas, Texas. The stock will continue to be primarily listed on the New York Stock Exchange under the same ticker symbol, "PX," starting August 15, 2025. P10's Chairman and CEO, Luke Sarsfield, expressed excitement about this opportunity to support local economic growth as a Founding Member of the exchange. NYSE Group's Chief Development Officer, Chris Taylor, noted that P10 is a fitting addition to the NYSE Texas community due to its commitment to integrity and service. P10 manages over $40 billion in assets and focuses on private markets investments across Private Equity, Private Credit, and Venture Capital.

Potential Positives

P10, Inc. is establishing a dual listing on NYSE Texas, which enhances its visibility and accessibility to investors.
Being a Founding Member of NYSE Texas positions P10 as a key player in the newly launched exchange, potentially attracting more investment and partnership opportunities.
This dual listing underscores P10's commitment to innovation and growth within the Texas market, reflecting positively on its community engagement and local economic contributions.
P10's significant assets under management (over $40 billion) highlight its financial strength and reputation in private markets, reinforcing investor confidence.

Potential Negatives

The announcement of a dual listing may signal that the company's primary listing on the NYSE is not sufficient for investor visibility or market access, potentially raising concerns about the overall appeal and performance of its stock.
Being one of the founding members of a newly launched exchange may imply that the company is aligning itself with an unproven platform, which carries inherent risks that could affect trading liquidity and stock stability.
The emphasis on contributing to community growth could be perceived as a diversion from addressing investors' primary interests, such as financial performance and growth prospects.

FAQ

What is P10, Inc.'s recent announcement?

P10, Inc. announced a dual listing of its Class A common stock on NYSE Texas, effective August 15, 2025.

Where will P10, Inc. stock be traded?

P10, Inc. stock will be traded on both the New York Stock Exchange and NYSE Texas under the ticker symbol “PX.”

What does P10, Inc. specialize in?

P10, Inc. specializes in private markets solutions, including Private Equity, Private Credit, and Venture Capital investments.

Who are the key executives of P10, Inc.?

P10, Inc. is led by Chairman and CEO Luke Sarsfield, and Chris Taylor is the Chief Development Officer.

How does P10 support community economic growth?

P10 aims to contribute to community economic growth by being an innovative Texas-based private markets solutions provider.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$PX Insider Trading Activity

$PX insiders have traded $PX stock on the open market 13 times in the past 6 months. Of those trades, 2 have been purchases and 11 have been sales.

Here’s a breakdown of recent trading of $PX stock by insiders over the last 6 months:

MEL WILLIAMS has made 0 purchases and 4 sales selling 209,644 shares for an estimated $2,535,751.
EDWIN A. POSTON sold 152,152 shares for an estimated $1,977,671
DAVID M. MCCOY has made 0 purchases and 2 sales selling 150,000 shares for an estimated $1,809,600.
ALEXANDER I. ABELL has made 0 purchases and 3 sales selling 76,097 shares for an estimated $930,656.
I. MADORSKY REVOCABLE TRUST DATED DECEMBER 1, 2008 JON sold 10,000 shares for an estimated $120,000
LUKE A. III SARSFIELD (See Remarks) purchased 5,000 shares for an estimated $49,349
MARK C HOOD (See remarks) purchased 5,000 shares for an estimated $49,050

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$PX Hedge Fund Activity

We have seen 82 institutional investors add shares of $PX stock to their portfolio, and 63 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AMERICAN CENTURY COMPANIES INC added 2,703,743 shares (+8268.8%) to their portfolio in Q2 2025, for an estimated $27,632,253
ARTEMIS INVESTMENT MANAGEMENT LLP removed 2,264,880 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $23,147,073
CAPITAL WORLD INVESTORS added 1,526,176 shares (+inf%) to their portfolio in Q2 2025, for an estimated $15,597,518
VANGUARD GROUP INC added 1,253,196 shares (+25.8%) to their portfolio in Q2 2025, for an estimated $12,807,663
JPMORGAN CHASE & CO added 664,967 shares (+97.7%) to their portfolio in Q2 2025, for an estimated $6,795,962
CAZ INVESTMENTS LP removed 660,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $7,755,000
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 583,306 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $5,961,387

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$PX Analyst Ratings

Wall Street analysts have issued reports on $PX in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Oppenheimer issued a "Outperform" rating on 07/14/2025
JP Morgan issued a "Overweight" rating on 05/13/2025
Barclays issued a "Overweight" rating on 05/09/2025

To track analyst ratings and price targets for $PX, check out Quiver Quantitative's $PX forecast page.

$PX Price Targets

Multiple analysts have issued price targets for $PX recently. We have seen 4 analysts offer price targets for $PX in the last 6 months, with a median target of $14.25.

Here are some recent targets:

Chris Kotowski from Oppenheimer set a target price of $21.0 on 07/14/2025
Kenneth Worthington from JP Morgan set a target price of $14.5 on 05/13/2025
Benjamin Budish from Barclays set a target price of $14.0 on 05/09/2025
Michael Cyprys from Morgan Stanley set a target price of $12.0 on 04/14/2025

Full Release

DALLAS, Aug. 14, 2025 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced a dual listing of its Class A common stock on NYSE Texas Inc. (“NYSE Texas”), the newly launched, fully electronic equities exchange headquartered in Dallas, TX. P10 will maintain its primary listing on the New York Stock Exchange (the “NYSE”) and will trade under the same ticker symbol, “PX,” on NYSE Texas, effective on August 15, 2025.

"We are pleased to announce our dual listing on NYSE Texas as one of the exchange’s Founding Members,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “As a proud, innovative Texas-based private markets solutions provider, we welcome this opportunity to contribute to our community’s continued economic growth and remain at the forefront of the evolution of our capital markets."

“As a private markets solutions provider founded on integrity and service, P10 is a natural addition to our NYSE Texas community of Founding Members,” said Chris Taylor, Chief Development Officer, NYSE Group.

About P10
P10 (NYSE: PX) is a leading private markets solutions provider with over $40 billion in assets under management as of June 30, 2025. P10 invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. P10’s products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.p10alts.com .

P10 Investor Contact:
[email protected]

P10 Media Contact:
Josh Clarkson
Taylor Donahue
[email protected]