Innovex Director Sells $162M in Shares

Co-Invest Fund L.P. Innovex Sells 6.6 Million Shares, Retains Minimal Stake

Published on Feb. 28, 2026

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Innovex International, Inc. (NYSE:INVX) Director Co-Invest Fund L.P. Innovex sold 6,612,500 shares of the company's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $24.59, for a total transaction value of $162,601,375. Following the sale, the director now owns just 399 shares of the company's stock, valued at approximately $9,811.41.

Why it matters

This large insider sale represents a 99.99% decrease in the director's position, signaling a significant shift in their investment strategy and confidence in the company's future prospects. Insider transactions can provide valuable insights into a company's direction and performance.

The details

The transaction was disclosed in a filing with the Securities & Exchange Commission. Innovex International is an oil and gas solutions provider for onshore and offshore applications. The company has seen its stock price fluctuate over the past year, trading between a 52-week low of $11.93 and a high of $29.48.

  • The shares were sold on Friday, February 27, 2026.

The players

Innovex International, Inc.

An oil and gas solutions provider for onshore and offshore applications.

Co-Invest Fund L.P. Innovex

A director of Innovex International who sold a majority of their stake in the company.

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The takeaway

This significant insider sale raises questions about the director's confidence in Innovex International's future performance and could signal potential concerns about the company's outlook. Investors will likely closely monitor the stock and any further developments related to this transaction.