Innovex International (NYSE:INVX) Shares Climb 6.6% – Should You Buy?

Posted by Geri Gentry on Oct 23rd, 2026

Innovex International, Inc. (NYSE:INVX – Get Free Report) rose 6.6% during trading on Friday. The stock traded as high as $29.67 and last traded at $29.78. 55,320 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 565,503 shares. The stock had previously closed at $27.93.

Analyst Upgrades and Downgrades

A number of research firms have commented on INVX. Zacks Research downgraded Innovex International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Wall Street Zen cut Innovex International from a “buy” rating to a “hold” rating in a research report on Monday, August 17th. Weiss Ratings upgraded Innovex International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Citigroup raised their price objective on Innovex International from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Finally, Barclays lifted their price objective on Innovex International from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.75.

Read Our Latest Stock Report on Innovex International

Innovex International Trading Up 6.8%

The company has a current ratio of 5.01, a quick ratio of 3.32 and a debt-to-equity ratio of 0.02. The business’s 50-day moving average is $28.92 and its two-hundred day moving average is $27.76. The stock has a market capitalization of $2.09 billion, a PE ratio of 33.75 and a beta of 0.92.

Innovex International (NYSE:INVX – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.05. The firm had revenue of $244.90 million for the quarter, compared to the consensus estimate of $241.58 million. Innovex International had a net margin of 6.17% and a return on equity of 7.12%. On average, analysts predict that Innovex International, Inc. will post 1.44 earnings per share for the current year.

Insider Transactions at Innovex International

In other Innovex International news, Director Co-Invest Fund L.P. Innovex sold 4,954,467 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $28.71, for a total transaction of $142,242,747.57. Following the sale, the director owned 311 shares in the company, valued at $8,928.81. This represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Amberjack Capital Partners, L. sold 5,000,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $28.71, for a total value of $143,550,000.00. Following the transaction, the director owned 311 shares of the company’s stock, valued at $8,928.81. This represents a 99.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 9,964,467 shares of company stock valued at $286,092,748. Insiders own 34.90% of the company’s stock.

Institutional Investors Weigh In On Innovex International

A number of institutional investors have recently modified their holdings of the stock. Yousif Capital Management LLC lifted its position in shares of Innovex International by 24.6% during the 3rd quarter. Yousif Capital Management LLC now owns 12,781 shares of the company’s stock worth $345,000 after purchasing an additional 2,523 shares during the last quarter. Tidal Investments LLC grew its position in Innovex International by 0.4% during the second quarter. Tidal Investments LLC now owns 176,951 shares of the company’s stock worth $4,388,000 after buying an additional 703 shares in the last quarter. Engineers Gate Manager LP acquired a new position in Innovex International in the 2nd quarter valued at approximately $1,148,000. Squarepoint Ops LLC acquired a new position in Innovex International in the 2nd quarter valued at approximately $2,017,000. Finally, Arizona State Retirement System grew its holdings in shares of Innovex International by 13.5% during the 2nd quarter. Arizona State Retirement System now owns 11,824 shares of the company’s stock worth $293,000 after purchasing an additional 1,407 shares in the last quarter.

Innovex International Company Profile

(Get Free Report)

Innovex International, Inc is an energy technology and oilfield equipment company that provides products and services used throughout the life cycle of oil and natural gas wells. Its offerings support drilling, completion, production, intervention and other well-construction and well-maintenance activities for operators and oilfield service companies.

The company’s portfolio includes downhole tools and technologies, completion equipment, wellhead and production systems, and equipment used in onshore and offshore applications.