Campbell & CO Investment Adviser LLC Acquires New Holdings in NPK International Inc. $NPKI

Campbell & CO Investment Adviser LLC acquired a new position in NPK International Inc. (NYSE:NPKI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 29,188 shares of the company’s stock, valued at approximately $248,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nisa Investment Advisors LLC bought a new stake in shares of NPK International in the 2nd quarter valued at about $45,000. Diversified Trust Co purchased a new stake in shares of NPK International during the 2nd quarter valued at $210,000. Harbor Capital Advisors Inc. acquired a new stake in shares of NPK International in the 2nd quarter worth $7,615,000. AlphaQuest LLC purchased a new position in NPK International during the 2nd quarter worth $186,000. Finally, Janney Montgomery Scott LLC purchased a new position in NPK International during the 2nd quarter worth $1,077,000. Institutional investors own 80.81% of the company’s stock.

Insider Activity

In related news, CEO Matthew Lanigan sold 68,896 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $10.34, for a total value of $712,384.64. Following the completion of the sale, the chief executive officer owned 1,095,913 shares of the company’s stock, valued at approximately $11,331,740.42. This trade represents a 5.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 71,909 shares of company stock valued at $743,559 in the last ninety days. 4.90% of the stock is owned by corporate insiders.

NPK International Price Performance

NPK International stock opened at $11.63 on Tuesday. The company has a fifty day simple moving average of $11.72 and a 200-day simple moving average of $9.87. The firm has a market capitalization of $982.59 million, a price-to-earnings ratio of -6.92 and a beta of 2.00. The company has a quick ratio of 2.08, a current ratio of 2.34 and a debt-to-equity ratio of 0.02. NPK International Inc. has a 52-week low of $4.76 and a 52-week high of $14.00.

NPK International (NYSE:NPKI) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07. NPK International had a negative net margin of 62.59% and a positive return on equity of 8.29%. The firm had revenue of $68.84 million for the quarter, compared to analyst estimates of $56.83 million. NPK International has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that NPK International Inc. will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NPKI has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of NPK International in a research note on Thursday. Roth Capital reaffirmed a “buy” rating and issued a $12.00 price target (up from $10.00) on shares of NPK International in a report on Tuesday, August 12th. HC Wainwright raised their price objective on shares of NPK International from $12.00 to $18.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Finally, B. Riley lifted their price target on NPK International from $11.00 to $12.50 and gave the company a “buy” rating in a research note on Thursday, August 7th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.17.

NPK International 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.