Innovex International (NYSE:INVX) Stock Breaks Below Fifty Day Moving Average After Earnings Miss

Posted by Francis Steltz on Oct 31st, 2026

Innovex International, Inc. (NYSE:INVX – Get Free Report) passed below its 50 day moving average during trading on Friday following a weaker than expected earnings announcement. The stock has a 50 day moving average of $28.92 and traded as low as $25.98. Innovex International shares last traded at $28.18, with a volume of 1,200,549 shares trading hands.

The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.02). The business had revenue of $265.05 million during the quarter, compared to analysts’ expectations of $265.64 million. Innovex International had a net margin of 4.75% and a return on equity of 8.43%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Citigroup upped their target price on Innovex International from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Weiss Ratings raised Innovex International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Wall Street Zen lowered Innovex International from a “buy” rating to a “hold” rating in a research note on Monday, August 17th. Zacks Research downgraded shares of Innovex International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Innovex International in a research note on Tuesday. They issued a “neutral” rating and a $33.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $32.80.

Check Out Our Latest Report on INVX

Insider Buying and Selling

In other Innovex International news, Director Amberjack Capital Partners, L. sold 5,000,000 shares of Innovex International 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 completion of the sale, the director directly owned 311 shares of the company’s stock, valued at approximately $8,928.81. The trade was a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Reddout sold 10,000 shares of Innovex International stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $30.00, for a total transaction of $300,000.00. Following the completion of the sale, the insider directly owned 124,312 shares of the company’s stock, valued at $3,729,360. The trade was a 7.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,964,467 shares of company stock worth $286,092,748. 34.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Innovex International

Several hedge funds have recently made changes to their positions in INVX. Oregon Public Employees Retirement Fund grew its position in shares of Innovex International by 30.7% in the third quarter. Oregon Public Employees Retirement Fund now owns 11,496 shares of the company’s stock valued at $311,000 after purchasing an additional 2,700 shares during the period. Bridge City Capital LLC increased its stake in Innovex International by 18.6% in the third quarter. Bridge City Capital LLC now owns 192,726 shares of the company’s stock valued at $5,207,000 after purchasing an additional 30,276 shares during the last quarter. Moody Aldrich Partners LLC lifted its position in Innovex International by 31.3% during the third quarter. Moody Aldrich Partners LLC now owns 216,732 shares of the company’s stock worth $5,856,000 after buying an additional 51,726 shares during the period. Yousif Capital Management LLC lifted its position in Innovex International by 24.6% during the third quarter. Yousif Capital Management LLC now owns 12,781 shares of the company’s stock worth $345,000 after buying an additional 2,523 shares during the period. Finally, Tidal Investments LLC lifted 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 during the period.

Innovex International Trading Down 6.1%

The business has a 50 day simple moving average of $28.92 and a 200-day simple moving average of $27.15. 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 stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 40.84 and a beta of 0.92.

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.