138,500 Shares in NPK International Inc. $NPKI Acquired by Rothschild Wealth LLC

Rothschild Wealth LLC purchased a new position in shares of NPK International Inc. (NYSE:NPKI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 138,500 shares of the company’s stock, valued at approximately $1,651,000. Rothschild Wealth LLC owned approximately 0.16% of NPK International at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NPKI. Caitong International Asset Management Co. Ltd grew its position in NPK International by 26,725.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,146 shares of the company’s stock worth $26,000 after buying an additional 2,138 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in NPK International during the second quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in NPK International during the third quarter worth approximately $28,000. Federated Hermes Inc. acquired a new stake in NPK International during the second quarter worth approximately $39,000. Finally, Kestra Advisory Services LLC acquired a new stake in NPK International during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 80.81% of the company’s stock.

NPK International Stock Performance

NPKI stock opened at $14.82 on Wednesday. The stock has a 50-day moving average price of $15.04 and a 200-day moving average price of $14.04. NPK International Inc. has a 1-year low of $8.17 and a 1-year high of $16.50. The company has a current ratio of 1.58, a quick ratio of 1.40 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1.25 billion, a PE ratio of 32.22 and a beta of 1.24.

NPK International (NYSE:NPKI) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. NPK International had a return on equity of 10.56% and a net margin of 13.71%.The firm had revenue of $75.07 million during the quarter. As a group, equities research analysts expect that NPK International Inc. will post 0.54 earnings per share for the current year.

Analyst Ratings Changes

NPKI has been the topic of a number of analyst reports. B. Riley Financial reissued a “buy” rating on shares of NPK International in a research report on Monday, May 4th. Weiss Ratings raised NPK International from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NPK International currently has a consensus rating of “Moderate Buy” and an average target price of $14.17.

Insider Transactions at NPK International

In other news, Director Michael A. Lewis sold 2,013 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $15.30, for a total value of $30,798.90. Following the completion of the sale, the director directly owned 129,320 shares in the company, valued at $1,978,596. This trade represents a 1.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Lanigan sold 167,375 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $14.43, for a total value of $2,415,221.25. Following the completion of the sale, the chief executive officer owned 254,699 shares of the company’s stock, valued at approximately $3,675,306.57. This represents a 39.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 238,159 shares of company stock valued at $3,454,567. 4.20% of the stock is currently owned by corporate insiders.

NPK International 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.