Innovex International, Inc. (NYSE:INVX) Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lifted its stake in Innovex International, Inc. (NYSE:INVX - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,384 shares of the company's stock after acquiring an additional 16,938 shares during the period. Tudor Investment Corp ET AL owned 0.19% of Innovex International worth $1,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Central Pacific Bank Trust Division acquired a new stake in Innovex International in the fourth quarter worth approximately $63,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Innovex International in the fourth quarter valued at $88,000. Oregon Public Employees Retirement Fund boosted its stake in Innovex International by 9.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 8,852 shares of the company's stock valued at $124,000 after buying an additional 758 shares in the last quarter. Aigen Investment Management LP acquired a new position in Innovex International during the fourth quarter worth about $142,000. Finally, Amalgamated Bank raised its position in Innovex International by 6.2% in the fourth quarter. Amalgamated Bank now owns 10,853 shares of the company's stock worth $152,000 after acquiring an additional 630 shares in the last quarter.

Innovex International Trading Up 2.7 %

INVX stock opened at $15.77 on Monday. Innovex International, Inc. has a one year low of $12.54 and a one year high of $19.80. The firm's 50-day moving average price is $16.73. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 11.18 and a beta of 0.81. The company has a quick ratio of 2.17, a current ratio of 3.87 and a debt-to-equity ratio of 0.01.

Innovex International (NYSE:INVX - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.21. Innovex International had a net margin of 12.31% and a negative return on equity of 0.73%. The firm had revenue of $250.69 million during the quarter.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on INVX shares. Barclays lifted their price objective on shares of Innovex International from $15.00 to $16.00 and gave the stock an "underweight" rating in a research note on Wednesday, March 5th. Pickering Energy Partners raised Innovex International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 14th.

Innovex International 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.

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