Michael A. Lewis Sells 2,013 Shares of NPK International Inc. (NYSE:NPKI) Stock

NPK International Inc. (NYSE:NPKI - Get Free Report) Director Michael A. Lewis sold 2,013 shares of the firm's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $8.60, for a total value of $17,311.80. Following the transaction, the director now directly owns 137,372 shares in the company, valued at approximately $1,181,399.20. This represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

NPK International Stock Performance

Shares of NYSE NPKI traded down $0.04 during midday trading on Friday, hitting $8.54. 1,025,696 shares of the company's stock traded hands, compared to its average volume of 773,502. NPK International Inc. has a 1 year low of $4.76 and a 1 year high of $8.88. The stock has a market capitalization of $721.80 million, a PE ratio of -5.05 and a beta of 2.12. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.60 and a quick ratio of 2.37. The company has a fifty day moving average price of $7.46.

NPK International (NYSE:NPKI - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.04. NPK International had a positive return on equity of 8.09% and a negative net margin of 42.71%. The firm had revenue of $64.78 million for the quarter, compared to analysts' expectations of $56.01 million. On average, equities analysts anticipate that NPK International Inc. will post 0.39 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. HC Wainwright restated a "buy" rating and set a $12.00 target price on shares of NPK International in a report on Monday, May 5th. B. Riley initiated coverage on NPK International in a report on Thursday, March 27th. They set a "buy" rating and a $11.00 target price on the stock.

NPK International Company 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.