Insider Selling: Flexible Solutions International (NYSE:FSI) CEO Sells $330,400.00 in Stock

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 56,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $5.90, for a total transaction of $330,400.00. Following the completion of the transaction, the chief executive officer owned 4,664,156 shares of the company’s stock, valued at approximately $27,518,520.40. This trade represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Flexible Solutions International Price Performance

Shares of NYSE:FSI opened at $5.77 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. Flexible Solutions International, Inc. has a 52 week low of $3.46 and a 52 week high of $11.48. The firm has a market cap of $73.23 million, a PE ratio of 17.49 and a beta of 1.56. The firm’s fifty day moving average is $6.60 and its 200-day moving average is $7.67.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Zacks Research raised shares of Flexible Solutions International from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Singular Research raised Flexible Solutions International from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Flexible Solutions International

Hedge funds and other institutional investors have recently modified their holdings of the company. Strait & Sound Wealth Management LLC bought a new position in shares of Flexible Solutions International in the 2nd quarter worth $49,000. Ritholtz Wealth Management acquired a new position in Flexible Solutions International during the third quarter worth $109,000. Vanguard Group Inc. lifted its stake in shares of Flexible Solutions International by 2.8% in the third quarter. Vanguard Group Inc. now owns 284,869 shares of the company’s stock valued at $2,746,000 after buying an additional 7,700 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Flexible Solutions International by 2.2% during the third quarter. Dimensional Fund Advisors LP now owns 80,481 shares of the company’s stock valued at $776,000 after buying an additional 1,700 shares during the last quarter. Institutional investors own 54.31% of the company’s stock.

About Flexible Solutions International

Flexible Solutions International (NYSE:FSI) is a specialty chemical company dedicated to the development, production and marketing of sustainable polymer-based and bio-based additives. The company’s product portfolio includes polymer modifiers, specialty resins and performance additives that enhance properties such as adhesion, viscosity, impact strength and environmental resistance. These solutions serve a variety of end markets, including coatings and adhesives, composites and plastics, oilfield and mining fluids, wastewater treatment and agricultural applications.

Headquartered in Urbana, Ohio, Flexible Solutions International operates an integrated manufacturing facility that supports customer-specific production and pilot-scale development.