Amundi Buys 21,114 Shares of Innovex International, Inc. (NYSE:INVX)

Amundi increased its position in shares of Innovex International, Inc. (NYSE:INVX - Free Report) by 218.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,770 shares of the company's stock after purchasing an additional 21,114 shares during the quarter. Amundi's holdings in Innovex International were worth $464,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Aigen Investment Management LP acquired a new stake in shares of Innovex International in the 4th quarter valued at $142,000. Atria Investments Inc boosted its stake in Innovex International by 46.3% in the fourth quarter. Atria Investments Inc now owns 63,268 shares of the company's stock valued at $884,000 after buying an additional 20,017 shares in the last quarter. Victory Capital Management Inc. grew its position in Innovex International by 95.4% in the fourth quarter. Victory Capital Management Inc. now owns 99,039 shares of the company's stock valued at $1,384,000 after acquiring an additional 48,343 shares during the last quarter. Fisher Asset Management LLC raised its stake in Innovex International by 18.3% during the fourth quarter. Fisher Asset Management LLC now owns 348,624 shares of the company's stock worth $4,870,000 after acquiring an additional 53,930 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Innovex International by 9.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 8,852 shares of the company's stock worth $124,000 after acquiring an additional 758 shares during the last quarter.

Innovex International Price Performance

INVX stock traded up $0.22 during midday trading on Monday, reaching $18.12. 268,925 shares of the stock were exchanged, compared to its average volume of 416,482. Innovex International, Inc. has a 52 week low of $12.54 and a 52 week high of $25.19. The firm has a fifty day moving average of $17.09. The company has a quick ratio of 2.17, a current ratio of 3.87 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.26 billion, a PE ratio of 12.85 and a beta of 0.83.

Innovex International (NYSE:INVX - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.21. Innovex International had a negative return on equity of 0.73% and a net margin of 12.31%. The firm had revenue of $250.69 million for the quarter.

Analyst Ratings Changes

INVX has been the topic of several research reports. Barclays lifted their price target on shares of Innovex International from $15.00 to $16.00 and gave the company an "underweight" rating in a report on Wednesday, March 5th. Pickering Energy Partners upgraded shares of Innovex International from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 14th.

Innovex International Profile

Innovex International, Inc engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.