Insider Selling: Flexible Solutions International (NYSE:FSI) CEO Sells $265,720.00 in Stock

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 45,500 shares of the company’s stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $5.84, for a total value of $265,720.00. Following the sale, the chief executive officer owned 4,615,656 shares of the company’s stock, valued at $26,955,431.04. This trade represents a 0.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Flexible Solutions International Price Performance

Shares of NYSE:FSI opened at $5.77 on Friday. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17. The stock has a market cap of $73.23 million, a PE ratio of 17.49 and a beta of 1.56. The stock’s fifty day simple moving average is $6.60 and its two-hundred day simple moving average is $7.67. Flexible Solutions International, Inc. has a 1-year low of $3.46 and a 1-year high of $11.48.

Analyst Ratings Changes

Several research firms have commented on FSI. Zacks Research upgraded shares of Flexible Solutions International from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. Singular Research upgraded Flexible Solutions International from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

Hedge Funds Weigh In On Flexible Solutions International

Several institutional investors and hedge funds have recently bought and sold shares of FSI. Strait & Sound Wealth Management LLC purchased a new stake in Flexible Solutions International in the second quarter worth $49,000. Ritholtz Wealth Management purchased a new stake in Flexible Solutions International in the 3rd quarter worth about $109,000. Dimensional Fund Advisors LP raised its stake in Flexible Solutions International by 2.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 80,481 shares of the company’s stock valued at $776,000 after acquiring an additional 1,700 shares during the period. Finally, Vanguard Group Inc. raised its stake in Flexible Solutions International by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 284,869 shares of the company’s stock valued at $2,746,000 after acquiring an additional 7,700 shares during the period. 54.31% of the stock is owned by institutional investors.

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.