Key Points
- Director Rose Robeson sold 10,000 NPK International shares at an average price of $13.49, totaling $134,900. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced her holdings by 4.44% to 215,147 shares.
- NPKI recently reported quarterly EPS of $0.15, beating analysts’ $0.13 estimate, on revenue of $81.58 million. Analysts expect full-year EPS of $0.55.
- The stock has a “Moderate Buy” consensus rating and an $18.00 price target, compared with an opening price of $13.27; institutional investors own 80.81% of outstanding shares.
NPK International Inc. (NYSE:NPKI - Get Free Report) Director Rose Robeson sold 10,000 shares of the company's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $13.49, for a total value of $134,900.00. Following the sale, the director owned 215,147 shares in the company, valued at $2,902,333.03. The trade was a 4.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NPK International Stock Up 0.8%
NPKI stock opened at $13.27 on Tuesday. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 26.54 and a beta of 1.26. NPK International Inc. has a twelve month low of $10.11 and a twelve month high of $16.50. The business has a 50 day moving average price of $14.04 and a two-hundred day moving average price of $14.48. The company has a quick ratio of 1.40, a current ratio of 1.61 and a debt-to-equity ratio of 0.01.
NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.13 by $0.02. The company had revenue of $81.58 million during the quarter. NPK International had a return on equity of 11.31% and a net margin of 14.19%. Analysts anticipate that NPK International Inc. will post 0.55 EPS for the current fiscal year.
Hedge Funds Weigh In On NPK International
A number of hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its holdings in shares of NPK International by 26,725.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,146 shares of the company's stock worth $26,000 after purchasing an additional 2,138 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of NPK International in the third quarter valued at approximately $28,000. EverSource Wealth Advisors LLC acquired a new stake in NPK International during the second quarter worth approximately $26,000. Kestra Advisory Services LLC acquired a new stake in NPK International during the fourth quarter worth approximately $40,000. Finally, Los Angeles Capital Management LLC bought a new position in NPK International during the 4th quarter worth $50,000. 80.81% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
NPKI has been the subject of several recent analyst reports. Weiss Ratings downgraded shares of NPK International from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, June 30th. B. Riley Financial reaffirmed a "buy" rating on shares of NPK International in a research report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $18.00.
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NPK International Company Profile
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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.
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