Innovex International, Inc. (NYSE:INVX) Shares Purchased by Atria Investments Inc

Atria Investments Inc lifted its stake in shares of Innovex International, Inc. (NYSE:INVX - Free Report) by 46.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,268 shares of the company's stock after acquiring an additional 20,017 shares during the quarter. Atria Investments Inc owned 0.09% of Innovex International worth $884,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of INVX. Fisher Asset Management LLC lifted its holdings in Innovex International by 18.3% during the 4th quarter. Fisher Asset Management LLC now owns 348,624 shares of the company's stock worth $4,870,000 after buying an additional 53,930 shares during the last quarter. Acuitas Investments LLC grew its position in shares of Innovex International by 56.1% during the fourth quarter. Acuitas Investments LLC now owns 240,309 shares of the company's stock worth $3,357,000 after acquiring an additional 86,382 shares during the last quarter. Principal Financial Group Inc. increased its stake in Innovex International by 12.4% in the fourth quarter. Principal Financial Group Inc. now owns 182,458 shares of the company's stock valued at $2,549,000 after purchasing an additional 20,102 shares during the period. JPMorgan Chase & Co. purchased a new stake in Innovex International during the 3rd quarter valued at approximately $2,261,000. Finally, Legato Capital Management LLC lifted its holdings in shares of Innovex International by 68.6% during the fourth quarter. Legato Capital Management LLC now owns 148,794 shares of the company's stock worth $2,079,000 after purchasing an additional 60,554 shares during the period.

Analysts Set New Price Targets

A number of brokerages recently commented on INVX. 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. Barclays raised their price target on Innovex International from $15.00 to $16.00 and gave the company an "underweight" rating in a research report on Wednesday, March 5th.

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Innovex International Stock Performance

Shares of NYSE INVX opened at $17.27 on Friday. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 12.25 and a beta of 0.83. The stock's 50 day moving average price is $16.67. Innovex International, Inc. has a 1 year low of $12.54 and a 1 year high of $25.19. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.17 and a current ratio of 3.87.

Innovex International (NYSE:INVX - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.21. The company had revenue of $250.69 million during the quarter. Innovex International had a net margin of 12.31% and a negative return on equity of 0.73%.

About Innovex International

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.

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