Flexible Solutions International (NYSE:FSI) CEO Brien Daniel O Sells 56,000 Shares

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 56,000 shares of Flexible Solutions International stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $5.90, for a total value of $330,400.00. Following the completion of the transaction, the chief executive officer owned 4,664,156 shares of the company’s stock, valued at approximately $27,518,520.40. The trade was a 1.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Flexible Solutions International Stock Performance

Shares of FSI stock traded down $0.03 on Thursday, hitting $5.84. 44,130 shares of the stock traded hands, compared to its average volume of 51,954. The company’s fifty day moving average is $6.64 and its 200 day moving average is $7.67. Flexible Solutions International, Inc. has a 1-year low of $3.46 and a 1-year high of $11.48. The company has a market capitalization of $74.12 million, a PE ratio of 17.70 and a beta of 1.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22.

Institutional Investors Weigh In On Flexible Solutions International

Several hedge funds have recently modified their holdings of the stock. Strait & Sound Wealth Management LLC purchased a new position in shares of Flexible Solutions International in the second quarter worth approximately $49,000. Ritholtz Wealth Management purchased a new position in Flexible Solutions International during the 3rd quarter valued at about $109,000. Dimensional Fund Advisors LP increased its holdings in shares of Flexible Solutions International by 2.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 80,481 shares of the company’s stock valued at $776,000 after purchasing an additional 1,700 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Flexible Solutions International by 2.8% during the third quarter. Vanguard Group Inc. now owns 284,869 shares of the company’s stock worth $2,746,000 after purchasing an additional 7,700 shares during the period. 54.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Singular Research upgraded Flexible Solutions International from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, December 1st. Zacks Research raised Flexible Solutions International from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About Flexible Solutions International

Flexible Solutions International (NYSE:FSI) is a specialty chemical company dedicated to the development, production and marketing of sustainable polymer-based and bio-based additives. The company’s product portfolio includes polymer modifiers, specialty resins and performance additives that enhance properties such as adhesion, viscosity, impact strength and environmental resistance. These solutions serve a variety of end markets, including coatings and adhesives, composites and plastics, oilfield and mining fluids, wastewater treatment and agricultural applications.

Headquartered in Urbana, Ohio, Flexible Solutions International operates an integrated manufacturing facility that supports customer-specific production and pilot-scale development.