Brien Daniel O Sells 45,500 Shares of Flexible Solutions International (NYSE:FSI) Stock

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 45,500 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $5.84, for a total transaction of $265,720.00. Following the completion of the sale, the chief executive officer directly owned 4,615,656 shares in the company, valued at $26,955,431.04. This represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Flexible Solutions International Stock Down 0.5%

FSI stock traded down $0.03 during trading hours on Thursday, reaching $5.84. 44,130 shares of the stock were exchanged, compared to its average volume of 51,954. The firm’s 50-day moving average is $6.64 and its 200-day moving average is $7.67. Flexible Solutions International, Inc. has a 12 month low of $3.46 and a 12 month high of $11.48. The company has a market cap of $74.12 million, a price-to-earnings ratio of 17.70 and a beta of 1.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22.

Wall Street Analyst Weigh In

Several equities research analysts have commented on FSI shares. Zacks Research upgraded Flexible Solutions International from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. Singular Research upgraded shares of Flexible Solutions International from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Flexible Solutions International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strait & Sound Wealth Management LLC acquired a new position in Flexible Solutions International during the second quarter worth $49,000. Ritholtz Wealth Management lifted its stake in Flexible Solutions International by 270.3% in the fourth quarter. Ritholtz Wealth Management now owns 41,882 shares of the company’s stock valued at $282,000 after acquiring an additional 30,573 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Flexible Solutions International by 2.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 80,481 shares of the company’s stock valued at $776,000 after acquiring an additional 1,700 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Flexible Solutions International by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 284,869 shares of the company’s stock worth $2,746,000 after purchasing an additional 7,700 shares during the last quarter. 54.31% of the stock is owned by institutional investors.

About Flexible Solutions International

Flexible Solutions International (NYSE:FSI) is a specialty chemical company dedicated to the development, production and marketing of sustainable polymer-based and bio-based additives. The company’s product portfolio includes polymer modifiers, specialty resins and performance additives that enhance properties such as adhesion, viscosity, impact strength and environmental resistance. These solutions serve a variety of end markets, including coatings and adhesives, composites and plastics, oilfield and mining fluids, wastewater treatment and agricultural applications.

Headquartered in Urbana, Ohio, Flexible Solutions International operates an integrated manufacturing facility that supports customer-specific production and pilot-scale development.