35,116 Shares in NPK International Inc. $NPKI Purchased by Savant Capital LLC

Savant Capital LLC acquired a new stake in NPK International Inc. (NYSE:NPKI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 35,116 shares of the company’s stock, valued at approximately $299,000.

A number of other hedge funds also recently made changes to their positions in the business. Amalgamated Bank bought a new position in shares of NPK International during the 2nd quarter worth approximately $25,000. CWM LLC bought a new position in NPK International during the second quarter worth $27,000. Nisa Investment Advisors LLC bought a new position in NPK International during the second quarter worth $45,000. GAMMA Investing LLC acquired a new position in shares of NPK International in the second quarter valued at $66,000. Finally, Ritholtz Wealth Management bought a new position in shares of NPK International in the second quarter valued at about $90,000. 80.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NPK International

In other news, CEO Matthew Lanigan sold 68,896 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $10.34, for a total transaction of $712,384.64. Following the sale, the chief executive officer directly owned 1,095,913 shares of the company’s stock, valued at approximately $11,331,740.42. This represents a 5.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 71,909 shares of company stock worth $743,559. Corporate insiders own 4.90% of the company’s stock.

NPK International Stock Performance

Shares of NYSE:NPKI opened at $11.82 on Wednesday. NPK International Inc. has a 12-month low of $4.76 and a 12-month high of $14.00. The company’s 50 day moving average price is $11.75 and its two-hundred day moving average price is $9.90. The firm has a market cap of $998.31 million, a PE ratio of -7.03 and a beta of 2.00. The company has a quick ratio of 2.08, a current ratio of 2.34 and a debt-to-equity ratio of 0.02.

NPK International (NYSE:NPKI) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.07. The company had revenue of $68.84 million during the quarter, compared to the consensus estimate of $56.83 million. NPK International had a negative net margin of 62.59% and a positive return on equity of 8.29%. NPK International has set its FY 2025 guidance at EPS. Equities research analysts predict that NPK International Inc. will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NPKI. Weiss Ratings restated a “hold (c)” rating on shares of NPK International in a research note on Thursday, November 13th. B. Riley raised their price objective on shares of NPK International from $11.00 to $12.50 and gave the stock a “buy” rating in a research report on Thursday, August 7th. HC Wainwright boosted their price objective on NPK International from $12.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Roth Capital reaffirmed a “buy” rating and issued a $12.00 target price (up previously from $10.00) on shares of NPK International in a research report on Tuesday, August 12th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $14.17.

NPK International Profile

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.