NPK International (NYSE:NPKI) VP Sells $13,560.00 in Stock

NPK International Inc. (NYSE:NPKI) VP Mary Celeste Fruge sold 1,000 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $13.56, for a total transaction of $13,560.00. Following the completion of the sale, the vice president owned 265,213 shares in the company, valued at $3,596,288.28. This represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NPK International Price Performance

NPKI stock opened at $13.56 on Friday. The company has a market capitalization of $1.15 billion, a P/E ratio of 30.13 and a beta of 1.23. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.22 and a current ratio of 1.43. NPK International Inc. has a 52-week low of $4.76 and a 52-week high of $15.96. The business has a 50-day simple moving average of $13.97 and a two-hundred day simple moving average of $12.62.

NPK International (NYSE:NPKI) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. NPK International had a return on equity of 10.83% and a net margin of 14.06%.The firm had revenue of $75.20 million during the quarter, compared to analyst estimates of $69.02 million. Research analysts expect that NPK International Inc. will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

NPKI has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of NPK International in a research report on Monday, December 29th. Wall Street Zen lowered shares of NPK International from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $14.17.

Institutional Investors Weigh In On NPK International

Large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. purchased a new stake in NPK International in the 2nd quarter worth about $184,000. Campbell & CO Investment Adviser LLC purchased a new stake in NPK International during the second quarter valued at about $248,000. Geode Capital Management LLC purchased a new stake in NPK International during the second quarter valued at about $19,874,000. Kennedy Capital Management LLC bought a new position in NPK International during the second quarter worth about $1,584,000. Finally, Fisher Asset Management LLC bought a new position in NPK International during the second quarter worth about $2,036,000. Hedge funds and other institutional investors own 80.81% of the company’s stock.

NPK International Company Profile

NPK International, Inc (NYSE: NPKI) is a specialty chemical distributor supplying a broad range of industrial and performance materials across diverse end-markets. Its product portfolio includes acetic acid and derivatives, alcohols, ketones, esters, glycol ethers, glycols, specialty solvents, select inorganic chemicals and crop-protection intermediates. These materials serve industries such as coatings, adhesives and sealants, oil and gas, personal care, pharmaceuticals, agrochemicals and water treatment.

The company places a strong emphasis on supply-chain security and technical service, maintaining warehousing, logistics support and laboratory capabilities at its regional distribution centers.