Frank’s International N.V. (NYSE:FI) major shareholder William Bradford Mosing sold 271,177 shares of Frank’s International N.V. stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $6.46, for a total value of $1,751,803.42. Following the transaction, the insider now owns 1,588,640 shares of the company’s stock, valued at approximately $10,262,614.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large 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 Wednesday, September 6th, William Bradford Mosing sold 350,000 shares of Frank’s International N.V. stock. The shares were sold at an average price of $6.67, for a total value of $2,334,500.00.

Frank’s International N.V. (NYSE FI) opened at $6.35 on Friday. Frank’s International N.V. has a one year low of $6.03 and a one year high of $13.57.

Frank’s International N.V. (NYSE:FI) last posted its quarterly earnings results on Thursday, November 2nd. The pipeline company reported ($0.11) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). Frank’s International N.V. had a negative return on equity of 9.25% and a negative net margin of 26.21%. The firm had revenue of $108.08 million during the quarter, compared to analysts’ expectations of $120.42 million. During the same quarter in the previous year, the business earned ($0.14) earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. equities research analysts anticipate that Frank’s International N.V. will post -0.45 EPS for the current fiscal year.

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FI has been the subject of a number of recent research reports. Piper Jaffray Companies set a $8.00 price objective on Frank’s International N.V. and gave the company a “hold” rating in a research note on Monday, August 7th. Capital One Financial Corporation reiterated an “equal weight” rating on shares of Frank’s International N.V. in a research note on Monday, August 7th. Scotiabank set a $13.00 price objective on Frank’s International N.V. and gave the company a “hold” rating in a research note on Tuesday, August 8th. Jefferies Group LLC reiterated a “hold” rating and set a $8.50 price objective (down previously from $10.50) on shares of Frank’s International N.V. in a research note on Tuesday, August 8th. Finally, Barclays PLC lowered their price objective on Frank’s International N.V. from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 8th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $8.00.

A number of institutional investors have recently bought and sold shares of FI. Citigroup Inc. increased its position in Frank’s International N.V. by 726.2% during the second quarter. Citigroup Inc. now owns 12,162 shares of the pipeline company’s stock valued at $101,000 after acquiring an additional 10,690 shares during the last quarter. Legal & General Group Plc increased its position in Frank’s International N.V. by 567.8% during the second quarter. Legal & General Group Plc now owns 14,305 shares of the pipeline company’s stock valued at $118,000 after acquiring an additional 12,163 shares during the last quarter. Gagnon Securities LLC purchased a new stake in Frank’s International N.V. during the third quarter valued at $124,000. M&T Bank Corp purchased a new stake in Frank’s International N.V. during the second quarter valued at $138,000. Finally, Voya Investment Management LLC increased its position in Frank’s International N.V. by 88.4% during the second quarter. Voya Investment Management LLC now owns 21,717 shares of the pipeline company’s stock valued at $180,000 after acquiring an additional 10,192 shares during the last quarter. Institutional investors own 26.26% of the company’s stock.

About Frank’s International N.V.

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 N.V. (NYSE:FI)

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