Frank’s International N.V. (NYSE:FI) major shareholder William Bradford Mosing sold 427,972 shares of Frank’s International stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $6.54, for a total value of $2,798,936.88. Following the completion of the sale, the insider now owns 400,902 shares in the company, valued at $2,621,899.08. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

William Bradford Mosing also recently made the following trade(s):

  • On Thursday, November 30th, William Bradford Mosing sold 468,460 shares of Frank’s International stock. The shares were sold at an average price of $6.21, for a total value of $2,909,136.60.
  • On Tuesday, November 28th, William Bradford Mosing sold 198,101 shares of Frank’s International stock. The shares were sold at an average price of $6.18, for a total value of $1,224,264.18.
  • On Tuesday, November 21st, William Bradford Mosing sold 271,177 shares of Frank’s International stock. The shares were sold at an average price of $6.46, for a total value of $1,751,803.42.
  • On Wednesday, September 6th, William Bradford Mosing sold 350,000 shares of Frank’s International stock. The shares were sold at an average price of $6.67, for a total value of $2,334,500.00.

Shares of Frank’s International N.V. (FI) opened at $6.48 on Tuesday. Frank’s International N.V. has a fifty-two week low of $6.01 and a fifty-two week high of $13.57.

Frank’s International (NYSE:FI) last issued its quarterly earnings data on Thursday, November 2nd. The pipeline company reported ($0.11) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). Frank’s International had a return on equity of 0.75% and a net margin of 2.12%. The company had revenue of $108.08 million during the quarter, compared to analyst estimates of $120.42 million. During the same quarter in the previous year, the company posted ($0.14) earnings per share. Frank’s International’s revenue was up 2.8% compared to the same quarter last year. equities analysts anticipate that Frank’s International N.V. will post -0.45 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Frank’s International during the third quarter valued at about $1,293,000. Cubist Systematic Strategies LLC grew its holdings in Frank’s International by 1,125.6% during the third quarter. Cubist Systematic Strategies LLC now owns 24,512 shares of the pipeline company’s stock valued at $189,000 after purchasing an additional 22,512 shares during the period. Gagnon Securities LLC bought a new stake in Frank’s International during the third quarter valued at about $124,000. Stifel Financial Corp bought a new stake in Frank’s International during the third quarter valued at about $278,000. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in Frank’s International by 207.4% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 9,096,428 shares of the pipeline company’s stock valued at $70,224,000 after purchasing an additional 6,137,315 shares during the period. 31.49% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have issued reports on the company. Scotiabank set a $13.00 price objective on Frank’s International and gave the company a “hold” rating in a research note on Tuesday, August 8th. Capital One Financial reiterated an “equal weight” rating on shares of Frank’s International in a research note on Monday, August 7th. Royal Bank Of Canada set a $10.00 price objective on Frank’s International and gave the company a “buy” rating in a research note on Sunday, October 8th. Piper Jaffray Companies set a $8.00 price objective on Frank’s International and gave the company a “hold” rating in a research note on Monday, August 7th. Finally, Zacks Investment Research upgraded Frank’s International from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the stock. Frank’s International has an average rating of “Hold” and an average price target of $8.00.

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About Frank’s International

Frank’s International N.V. (FINV) is a provider of engineered tubular services, tubular fabrication and specialty well construction and well intervention solutions to the oil and gas industry. The Company operates through four business segments: International Services, U. S. Services, Tubular Sales and Blackhawk.

Insider Buying and Selling by Quarter for Frank`s International (NYSE:FI)

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