Key Points
- CFO Gregg Piontek sold 108,590 shares at an average price of $14.07 for a total of $1,527,861.30, reducing his ownership by 10.94% to 884,326 shares valued at about $12.44 million (SEC filing).
- NPKI shares traded down about 1.8% to $13.57 on Friday with light volume (85,188 shares vs. a ~741,505 average), and the stock sits in a 52‑week range of $4.76 to $15.96 with 50/200‑day SMAs of $13.65/$12.35.
- Q4 results beat analysts’ estimates (EPS $0.13 vs. $0.11; revenue $75.2M vs. $69.02M), and analysts maintain an average rating of "Moderate Buy" with a $14.17 price target and a projected FY EPS of 0.39.
NPK International Inc. (NYSE:NPKI - Get Free Report) CFO Gregg Piontek sold 108,590 shares of the business's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $14.07, for a total transaction of $1,527,861.30. Following the completion of the sale, the chief financial officer directly owned 884,326 shares in the company, valued at $12,442,466.82. This trade represents a 10.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NPK International Trading Down 1.8%
Shares of NYSE:NPKI traded down $0.25 during mid-day trading on Friday, reaching $13.57. 85,188 shares of the company were exchanged, compared to its average volume of 741,505. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 30.16 and a beta of 1.23. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.43 and a quick ratio of 1.22. NPK International Inc. has a 1 year low of $4.76 and a 1 year high of $15.96. The firm's 50-day simple moving average is $13.65 and its 200 day simple moving average is $12.35.
NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. NPK International had a return on equity of 10.83% and a net margin of 14.06%.The company had revenue of $75.20 million for the quarter, compared to analysts' expectations of $69.02 million. Equities research analysts forecast that NPK International Inc. will post 0.39 EPS for the current year.
Wall Street Analysts Forecast Growth
NPKI has been the topic of several research reports. Wall Street Zen cut shares of NPK International from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. Weiss Ratings reiterated a "hold (c)" rating on shares of NPK International in a report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $14.17.
Get Our Latest Analysis on NPK International
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Aristides Capital LLC acquired a new position in NPK International during the fourth quarter worth about $188,000. Mercer Global Advisors Inc. ADV grew its holdings in NPK International by 6.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 24,363 shares of the company's stock valued at $290,000 after purchasing an additional 1,478 shares during the last quarter. nVerses Capital LLC purchased a new position in shares of NPK International in the fourth quarter valued at $146,000. Voloridge Investment Management LLC acquired a new position in shares of NPK International during the 4th quarter worth $992,000. Finally, Susquehanna Fundamental Investments LLC boosted its position in shares of NPK International by 146.4% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 39,043 shares of the company's stock worth $465,000 after buying an additional 23,200 shares in the last quarter. Hedge funds and other institutional investors own 80.81% of the company's stock.
NPK International Company Profile
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Get Free Report)
NPK International, Inc (NYSE: NPKI) is a specialty chemical distributor supplying a broad range of industrial and performance materials across diverse end-markets. Its product portfolio includes acetic acid and derivatives, alcohols, ketones, esters, glycol ethers, glycols, specialty solvents, select inorganic chemicals and crop-protection intermediates. These materials serve industries such as coatings, adhesives and sealants, oil and gas, personal care, pharmaceuticals, agrochemicals and water treatment.
The company places a strong emphasis on supply-chain security and technical service, maintaining warehousing, logistics support and laboratory capabilities at its regional distribution centers.
Further Reading
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