Innovex International (NYSE:INVX) Sees Large Volume Increase – Time to Buy?

Innovex International, Inc. (NYSE:INVX) shares saw strong trading volume on Monday . 777,401 shares changed hands during trading, an increase of 101% from the previous session’s volume of 386,308 shares.The stock last traded at $26.5550 and had previously closed at $25.47.

Key Stories Impacting Innovex International

Here are the key news stories impacting Innovex International this week:

• Positive Sentiment: Q4 revenue topped expectations — Innovex reported $273.6M vs. ~ $240M consensus, signaling underlying demand that supports the stock’s valuation. Earnings Release
• Positive Sentiment: Management described a “strong finish” on the earnings call, which may have helped stabilize sentiment and attracted buyers despite the EPS miss. Earnings Call Highlights
• Neutral Sentiment: Financial position looks healthy: low leverage (debt/equity ≈ 0.02) and strong liquidity ratios, reducing downside risk from operating volatility.
• Negative Sentiment: EPS missed materially — $0.20 vs. ~$0.29 consensus, which prompted negative headlines and short‑term selling pressure. Earnings Miss Coverage
• Negative Sentiment: Q1 revenue guidance ($225M–$235M) is below consensus (~$240M), implying near‑term growth moderation and giving analysts reason to adjust estimates (guidance omitted an EPS number).
• Negative Sentiment: Insiders and selling stockholders adding supply — CEO Adam Anderson executed multiple sales this week (SEC filings show Feb. 23 and Feb. 24 sales), and the company disclosed a public offering by selling stockholders, both of which can exert downward pressure. Insider Sale Filing Selling Stockholders Offering
• Negative Sentiment: Market headlines emphasized the EPS miss despite the revenue beat, contributing to short‑term volatility even as the stock makes new yearly highs. Market Reaction

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Piper Sandler upped their price target on Innovex International from $20.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of Innovex International in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $20.00.

Innovex International Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 4.91 and a quick ratio of 2.93. The business’s 50-day moving average price is $24.28 and its two-hundred day moving average price is $20.99. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 24.38 and a beta of 0.75.

Innovex International (NYSE:INVX) last posted its quarterly earnings data on Monday, February 23rd. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.09). The company had revenue of $273.60 million for the quarter, compared to the consensus estimate of $240.00 million. Innovex International had a net margin of 8.52% and a return on equity of 6.55%.

Insider Activity

In other Innovex International news, insider Mark Reddout sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $25.00, for a total transaction of $500,000.00. Following the sale, the insider owned 129,436 shares in the company, valued at $3,235,900. This represents a 13.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Adam Anderson sold 18,837 shares of Innovex International stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $28.50, for a total value of $536,854.50. Following the completion of the transaction, the chief executive officer owned 466,744 shares of the company’s stock, valued at approximately $13,302,204. The trade was a 3.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 65,319 shares of company stock valued at $1,725,387. 43.90% of the stock is owned by corporate insiders.

Institutional Trading of Innovex International

Several hedge funds have recently bought and sold shares of INVX. AQR Capital Management LLC acquired a new position in Innovex International during the 1st quarter valued at about $269,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Innovex International by 7.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,093 shares of the company’s stock valued at $379,000 after buying an additional 1,467 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Innovex International during the first quarter worth approximately $270,000. Empowered Funds LLC boosted its position in shares of Innovex International by 8.2% during the first quarter. Empowered Funds LLC now owns 58,131 shares of the company’s stock worth $1,044,000 after buying an additional 4,386 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Innovex International by 11.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,225 shares of the company’s stock worth $1,764,000 after buying an additional 10,401 shares in the last quarter.

Innovex International Company 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.