Barclays PLC bought a new position in shares of Innovex International, Inc. (NYSE:INVX - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 59,523 shares of the company's stock, valued at approximately $874,000. Barclays PLC owned 0.09% of Innovex International at the end of the most recent reporting period.
Separately, JPMorgan Chase & Co. purchased a new position in Innovex International in the third quarter valued at $2,261,000.
Insider Activity at Innovex International
In related news, CFO Kendal Reed purchased 3,765 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average price of $13.28 per share, with a total value of $49,999.20. Following the completion of the acquisition, the chief financial officer now directly owns 186,232 shares in the company, valued at $2,473,160.96. This represents a 2.06 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.70% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Separately, Barclays decreased their price objective on shares of Innovex International from $21.00 to $15.00 and set an "underweight" rating for the company in a research report on Tuesday, November 26th.
Check Out Our Latest Report on Innovex International
Innovex International Stock Performance
INVX traded down $0.16 on Thursday, reaching $17.15. The company's stock had a trading volume of 325,180 shares, compared to its average volume of 510,468. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 12.16 and a beta of 0.89. Innovex International, Inc. has a fifty-two week low of $12.54 and a fifty-two week high of $25.19. The company has a quick ratio of 2.17, a current ratio of 3.87 and a debt-to-equity ratio of 0.01.
About Innovex International
(
Free Report)
Innovex Downhole Solutions Inc designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc, formerly known as Dril-Quip, is based in HOUSTON.
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