Frank’s International N.V. (NYSE:FI) Director D. Keith Mosing sold 500,000 shares of Frank’s International N.V. stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $6.67, for a total value of $3,335,000.00. Following the transaction, the director now directly owns 796,300 shares of the company’s stock, valued at $5,311,321. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Frank’s International N.V. (NYSE:FI) traded down 4.19% during trading on Monday, hitting $6.86. The stock had a trading volume of 1,248,183 shares. Frank’s International N.V. has a 1-year low of $6.86 and a 1-year high of $14.86. The firm’s 50-day moving average price is $8.03 and its 200-day moving average price is $9.41. The stock’s market cap is $1.53 billion.

Frank’s International N.V. (NYSE:FI) last released its earnings results on Monday, August 7th. The pipeline company reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.02. The business had revenue of $117.70 million during the quarter, compared to analysts’ expectations of $113.41 million. Frank’s International N.V. had a negative net margin of 35.28% and a negative return on equity of 8.97%. Frank’s International N.V.’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.20) EPS. On average, equities research analysts predict that Frank’s International N.V. will post ($0.41) earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a $0.075 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.37%. Frank’s International N.V.’s payout ratio is currently -40.00%.

Frank’s International N.V. announced that its board has initiated a share buyback plan on Thursday, May 25th that allows the company to repurchase 1,000% of shares. This repurchase authorization allows the pipeline company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

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Several equities analysts recently issued reports on the company. Seaport Global Securities reaffirmed a “neutral” rating on shares of Frank’s International N.V. in a report on Tuesday, August 8th. Barclays PLC reduced 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 report on Tuesday, August 8th. Jefferies Group LLC reaffirmed a “hold” rating and set a $8.50 price objective (down from $10.50) on shares of Frank’s International N.V. in a report on Tuesday, August 8th. Scotiabank set a $13.00 price objective on Frank’s International N.V. and gave the stock a “hold” rating in a report on Tuesday, August 8th. Finally, Capital One Financial Corporation reaffirmed an “equal weight” rating on shares of Frank’s International N.V. in a report on Monday, August 7th. Five investment analysts have rated the stock with a sell rating and twelve have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $9.77.

Several hedge funds have recently added to or reduced their stakes in FI. UBS Group AG raised its stake in Frank’s International N.V. by 2,045.1% in the first quarter. UBS Group AG now owns 107,167 shares of the pipeline company’s stock worth $1,133,000 after buying an additional 102,171 shares during the last quarter. Boston Private Wealth LLC raised its stake in Frank’s International N.V. by 12.1% in the first quarter. Boston Private Wealth LLC now owns 39,005 shares of the pipeline company’s stock worth $412,000 after buying an additional 4,208 shares during the last quarter. Anchor Capital Advisors LLC acquired a new stake in Frank’s International N.V. during the first quarter worth about $121,000. Point72 Asset Management L.P. acquired a new stake in Frank’s International N.V. during the first quarter worth about $6,420,000. Finally, Norges Bank acquired a new stake in Frank’s International N.V. during the fourth quarter worth about $5,008,000. Institutional investors own 29.49% 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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