Tudor Pickering Holt & Co. downgrades Innovex International Inc (INVX) rating to a Hold

Innovex International Inc’s recently made public that its Chief Financial Officer Reed Kendal acquired Company’s shares for reported $49999.0 on Dec 13 ’24. In the deal valued at $13.28 per share,3,765 shares were bought. As a result of this transaction, Reed Kendal now holds 186,232 shares worth roughly $3.01 million.

Then, Webster James C. sold 6,000 shares, generating $88,020 in total proceeds. Upon selling the shares at $14.67, the VP, Gen Counsel & Secretary now owns 56,735 shares.

Before that, Webster James C. bought 6,000 shares. Innovex International Inc shares valued at $86,160 were divested by the Officer at a price of $14.36 per share.

Tudor Pickering Holt & Co. downgraded its Innovex International Inc [INVX] rating to a Hold from a a Buy in a research note published on March 14, 2022; the price target was decreased to $35 from $38. A number of analysts have revised their coverage, including Seaport Global Securities’s analysts, who began to cover the stock in mid July with a ‘”a Neutral”‘ rating. BTIG Research began covering INVX with “Neutral” recommendation on April 01, 2021. Barclays revised its rating on March 05, 2021. It rated INVX as “an Underweight” which previously was an “an Equal weight”.

Price Performance Review of INVX

On Tuesday, Innovex International Inc [NYSE:INVX] saw its stock jump 0.94% to $16.17. Over the last five days, the stock has gained 4.52%. Innovex International Inc shares have risen nearly 15.75% since the year began. Nevertheless, the stocks have fallen -7.55% over the past one year.

How much short interest is there in Innovex International Inc?

A steep rise in short interest was recorded in Innovex International Inc stocks on 2025-05-15, growing by 50389.0 shares to a total of 2.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 2.69 million shares. There was a rise of 1.84%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on November 04, 2020 when Cowen resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $28.

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