NPK International (NYSE:NPKI) CFO Gregg Piontek Sells 35,000 Shares of Stock

Key Points

• CFO Gregg Piontek sold 35,000 shares on April 1 at an average price of $14.51 for total proceeds of $507,850 under a pre‑arranged Rule 10b5‑1 plan, reducing his holding to 834,326 shares (a 4.03% decrease).
• Piontek also sold 108,590 shares on March 4 at $14.07 for roughly $1.53 million, signaling multiple recent insider sales.
• NPKI traded at $14.44 (up 0.1%), with a market cap of about $1.22 billion, a P/E of 32.08, a 12‑month range of $4.76–$15.96, and a consensus analyst rating of “Moderate Buy” with an average price target of $14.17.

NPK International Inc. (NYSE:NPKI - Get Free Report) CFO Gregg Piontek sold 35,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $14.51, for a total transaction of $507,850.00. Following the sale, the chief financial officer owned 834,326 shares of the company's stock, valued at approximately $12,106,070.26. This trade represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Gregg Piontek also recently made the following trade(s):

• On Wednesday, March 4th, Gregg Piontek sold 108,590 shares of NPK International stock. The shares were sold at an average price of $14.07, for a total value of $1,527,861.30.

NPK International Stock Up 0.1%

Shares of NPKI traded up $0.02 during trading hours on Friday, reaching $14.44. The stock had a trading volume of 644,972 shares, compared to its average volume of 691,890. The company has a current ratio of 1.43, a quick ratio of 1.22 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 32.08 and a beta of 1.26. NPK International Inc. has a 12 month low of $4.76 and a 12 month high of $15.96. The firm has a 50-day simple moving average of $14.12 and a 200 day simple moving average of $12.87.

NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. NPK International had a return on equity of 10.83% and a net margin of 14.06%.The company had revenue of $75.20 million for the quarter, compared to analysts' expectations of $69.02 million. Equities research analysts predict that NPK International Inc. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NPKI shares. Wall Street Zen downgraded shares of NPK International from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. Weiss Ratings reissued a "hold (c)" rating on shares of NPK International in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, NPK International currently has a consensus rating of "Moderate Buy" and an average price target of $14.17.

Institutional Trading of NPK International

Large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its position in NPK International by 26,725.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,146 shares of the company's stock worth $26,000 after acquiring an additional 2,138 shares during the period. EverSource Wealth Advisors LLC bought a new stake in shares of NPK International during the 2nd quarter valued at $26,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of NPK International in the 3rd quarter worth $28,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of NPK International in the 3rd quarter worth $33,000. Finally, Federated Hermes Inc. bought a new position in NPK International in the 2nd quarter worth $39,000. 80.81% of the stock is currently owned by institutional investors.

NPK International Company 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.

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