Key Points
- CFO Gregg Piontek sold 35,000 NPKI shares on April 1 at an average price of $14.51 under a pre-arranged Rule 10b5-1 plan, generating about $507,850 and trimming his stake by 4.03% to 834,326 shares (≈$12.1M).
- He also sold 108,590 shares on March 4 at about $14.07 for roughly $1.53M, indicating multiple insider sales this quarter.
- Company snapshot: NPKI has a $1.22B market cap, PE of 32.08 and a 52-week range of $4.76–$15.96; it recently beat quarterly EPS and revenue estimates, and analysts hold a consensus "Moderate Buy" with a $14.17 price target amid some recent downgrades.
NPK International Inc. (NYSE:NPKI - Get Free Report) CFO Gregg Piontek sold 35,000 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $14.51, for a total value of $507,850.00. Following the sale, the chief financial officer owned 834,326 shares in the company, valued at approximately $12,106,070.26. The trade was a 4.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Gregg Piontek also recently made the following trade(s):
- On Wednesday, March 4th, Gregg Piontek sold 108,590 shares of NPK International stock. The stock was sold at an average price of $14.07, for a total value of $1,527,861.30.
NPK International Price Performance
Shares of NPKI opened at $14.44 on Friday. NPK International Inc. has a 52-week low of $4.76 and a 52-week high of $15.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.22 and a current ratio of 1.43. The business's 50 day moving average price is $14.13 and its two-hundred day moving average price is $12.90. The firm has a market cap of $1.22 billion, a PE ratio of 32.08 and a beta of 1.26.
NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. NPK International had a net margin of 14.06% and a return on equity of 10.83%. The company had revenue of $75.20 million during the quarter, compared to analyst estimates of $69.02 million. On average, equities analysts anticipate that NPK International Inc. will post 0.39 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the company. Wall Street Zen downgraded NPK International from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of NPK International in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, NPK International currently has an average rating of "Moderate Buy" and a consensus price target of $14.17.
View Our Latest Report on NPKI
Hedge Funds Weigh In On NPK International
Several large investors have recently added to or reduced their stakes in NPKI. Caitong International Asset Management Co. Ltd boosted its stake in NPK International by 26,725.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,146 shares of the company's stock valued at $26,000 after purchasing an additional 2,138 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of NPK International in the second quarter worth approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of NPK International in the third quarter worth approximately $28,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of NPK International in the third quarter valued at approximately $33,000. Finally, Federated Hermes Inc. bought a new position in shares of NPK International in the second quarter valued at approximately $39,000. Institutional investors own 80.81% of the company's stock.
NPK International Company Profile
(
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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