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Insider Transaction: Mark Reddout Sells $500K Worth Of Innovex International Shares

On January 15, a recent SEC filing unveiled that Mark Reddout, President North America at Innovex International (NYSE:INVX) made an insider sell.

What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday outlined that Reddout executed a sale of 20,000 shares of Innovex International with a total value of $500,000.

In the Friday's morning session, Innovex International's shares are currently trading at $24.31, experiencing a down of 0.0%.

About Innovex International

Innovex International Inc designs, manufactures, sells, and rents mission-critical engineered products to the oil and natural gas industry. Its products are Subsea, Surface Wellheads, Well Construction, Well Completion, Production Solutions, Fishing & Intervention. Its products support upstream onshore and offshore activities. The group's geographic regions are North America, Latin America, Middle East & Asia Pacific, and Europe & Africa.

Innovex International: A Financial Overview

Revenue Growth: Innovex International's remarkable performance in 3 months is evident. As of 30 September, 2025, the company achieved an impressive revenue growth rate of 58.09%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.

Interpreting Earnings Metrics:

  • Gross Margin: The company maintains a high gross margin of 31.64%, indicating strong cost management and profitability compared to its peers.

  • Earnings per Share (EPS): Innovex International's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 0.57.

Debt Management: Innovex International's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.08.

Understanding Financial Valuation:

  • Price to Earnings (P/E) Ratio: Innovex International's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 37.98.

  • Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 1.94, Innovex International's stock is perceived as being overvalued in the market, particularly in relation to sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an EV/EBITDA ratio lower than industry averages at 7.96, Innovex International could be considered undervalued.

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Why Pay Attention to Insider Transactions

Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.

Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.

Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.

Deciphering Transaction Codes in Insider Filings

Digging into the details of stock transactions, investors frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Innovex International's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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