Rothschild Wealth LLC Takes Position in NPK International Inc. $NPKI

Rothschild Wealth LLC bought a new stake in NPK International Inc. (NYSE:NPKI) in the 4th quarter, HoldingsChannel.com reports. The firm bought 138,500 shares of the company’s stock, valued at approximately $1,651,000.

Other hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd increased its holdings in NPK International by 26,725.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,146 shares of the company’s stock worth $26,000 after purchasing an additional 2,138 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in NPK International during the 2nd quarter worth approximately $26,000. Wilmington Savings Fund Society FSB bought a new stake in NPK International during the 3rd quarter worth approximately $28,000. Federated Hermes Inc. bought a new stake in NPK International during the 2nd quarter worth approximately $39,000. Finally, Kestra Advisory Services LLC bought a new stake in NPK International during the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 80.81% of the company’s stock.

NPK International Price Performance

NPK International stock opened at $14.82 on Wednesday. NPK International Inc. has a 12 month low of $8.17 and a 12 month 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 business’s 50 day simple moving average is $15.04 and its 200 day simple moving average is $14.04. The company has a market cap of $1.25 billion, a price-to-earnings 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 EPS for the quarter, beating 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 business had revenue of $75.07 million for the quarter. Sell-side analysts forecast that NPK International Inc. will post 0.54 EPS for the current year.

Insider Transactions at NPK International

In other NPK International news, Director Michael A. Lewis sold 2,013 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $15.30, for a total transaction of $30,798.90. Following the sale, the director owned 129,320 shares of the company’s stock, valued at $1,978,596. The trade was a 1.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through 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 business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $14.43, for a total transaction of $2,415,221.25. Following the sale, the chief executive officer directly owned 254,699 shares in the company, valued at $3,675,306.57. The trade was a 39.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 238,159 shares of company stock worth $3,454,567 in the last ninety days. Company insiders own 4.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Weiss Ratings raised NPK International from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. B. Riley Financial reissued a “buy” rating on shares of NPK International in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, NPK International currently has an average rating of “Moderate Buy” and an average target price of $14.17.

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.