Innovex International (NYSE:INVX) Lowered to “Hold” Rating by Wall Street Zen

Posted by Stanley Muller on Aug 2nd, 2026

Wall Street Zen downgraded shares of Innovex International (NYSE:INVX – Free Report) from a buy rating to a hold rating in a research note published on Saturday.

Other analysts have also issued reports about the company. Weiss Ratings lowered Innovex International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Citigroup started coverage on Innovex International in a report on Thursday, May 7th. They set a “buy” rating and a $35.00 target price for the company. Zacks Research cut Innovex International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Jefferies Financial Group raised shares of Innovex International to a “strong-buy” rating in a report on Friday, June 12th. Finally, Piper Sandler raised their price objective on shares of Innovex International from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $32.25.

Read Our Latest Analysis on INVX

Innovex International Trading Up 6.0%

NYSE:INVX opened at $28.16 on Friday. Innovex International has a 1 year low of $15.54 and a 1 year high of $32.25. The stock’s fifty day moving average price is $26.43 and its two-hundred day moving average price is $26.15. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.10 and a quick ratio of 3.38. The company has a market cap of $1.94 billion, a P/E ratio of 37.54 and a beta of 0.83.

Insider Activity at Innovex International

In related news, insider Mark Reddout sold 10,750 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $28.00, for a total value of $301,000.00. Following the transaction, the insider directly owned 134,312 shares in the company, valued at approximately $3,760,736. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 34.90% of the company’s stock.

Institutional Investors Weigh In On Innovex International

Hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers increased its holdings in shares of Innovex International by 7.8% in the 1st quarter. Cetera Investment Advisers now owns 11,905 shares of the company’s stock worth $290,000 after buying an additional 865 shares during the last quarter. Lesa Sroufe & Co lifted its holdings in shares of Innovex International by 1.0% during the 1st quarter. Lesa Sroufe & Co now owns 122,788 shares of the company’s stock worth $2,995,000 after acquiring an additional 1,253 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Innovex International by 1.8% during the 1st quarter. Swiss National Bank now owns 74,900 shares of the company’s stock worth $1,827,000 after acquiring an additional 1,300 shares during the last quarter. Covestor Ltd lifted its holdings in shares of Innovex International by 77.7% during the 4th quarter. Covestor Ltd now owns 3,284 shares of the company’s stock worth $72,000 after acquiring an additional 1,436 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Innovex International by 7.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,093 shares of the company’s stock worth $379,000 after acquiring an additional 1,467 shares in the last quarter.

About Innovex International

(Get Free Report)

Innovex International, Inc engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.