UBS Group AG Raises Stake in NPK International Inc. $NPKI

UBS Group AG raised its position in shares of NPK International Inc. (NYSE:NPKI) by 14.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 288,385 shares of the company’s stock after purchasing an additional 35,667 shares during the quarter. UBS Group AG owned 0.34% of NPK International worth $3,438,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Calamos Advisors LLC raised its position in shares of NPK International by 5.5% during the 4th quarter. Calamos Advisors LLC now owns 357,603 shares of the company’s stock valued at $4,263,000 after purchasing an additional 18,511 shares during the period. Round Rock Advisors LLC raised its position in shares of NPK International by 85.9% during the 4th quarter. Round Rock Advisors LLC now owns 92,114 shares of the company’s stock valued at $1,098,000 after purchasing an additional 42,564 shares during the period. CWM LLC raised its position in shares of NPK International by 28.1% during the 4th quarter. CWM LLC now owns 4,917 shares of the company’s stock valued at $59,000 after purchasing an additional 1,079 shares during the period. State of Alaska Department of Revenue raised its position in shares of NPK International by 290.8% during the 4th quarter. State of Alaska Department of Revenue now owns 17,991 shares of the company’s stock valued at $213,000 after purchasing an additional 13,387 shares during the period. Finally, SG Americas Securities LLC raised its position in shares of NPK International by 37.9% during the 4th quarter. SG Americas Securities LLC now owns 39,276 shares of the company’s stock valued at $468,000 after purchasing an additional 10,804 shares during the period. 80.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NPK International

In other news, Director Michael A. Lewis sold 2,013 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $15.30, for a total value of $30,798.90. Following the transaction, the director owned 129,320 shares of the company’s stock, valued at approximately $1,978,596. The trade was a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Gregg Piontek sold 108,590 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $14.07, for a total transaction of $1,527,861.30. Following the completion of the transaction, the chief financial officer directly owned 884,326 shares in the company, valued at $12,442,466.82. This trade represents a 10.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 161,603 shares of company stock worth $2,305,670 in the last three months. Insiders own 4.20% of the company’s stock.

NPK International Price Performance

NPKI stock opened at $15.50 on Monday. NPK International Inc. has a one year low of $7.78 and a one year high of $16.50. The company’s fifty day moving average price is $14.81 and its 200-day moving average price is $13.72. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.40 and a current ratio of 1.58. The company has a market capitalization of $1.31 billion, a PE ratio of 33.69 and a beta of 1.30.

NPK International (NYSE:NPKI) last released its earnings results on Thursday, April 30th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. NPK International had a net margin of 13.71% and a return on equity of 10.56%. The firm had revenue of $75.07 million for the quarter. On average, equities analysts anticipate that NPK International Inc. will post 0.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NPKI has been the topic of several recent analyst reports. B. Riley Financial restated a “buy” rating on shares of NPK International in a research report on Monday, May 4th. Weiss Ratings downgraded shares of NPK International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.17.

About NPK International

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.