Flexible Solutions International (NYSE:FSI) CEO Brien Daniel O Sells 12,500 Shares of Stock

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $5.88, for a total transaction of $73,500.00. Following the sale, the chief executive officer owned 4,599,153 shares of the company’s stock, valued at $27,043,019.64. The trade was a 0.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Flexible Solutions International Price Performance

Shares of NYSE:FSI traded up $0.18 on Friday, reaching $5.70. 1,912 shares of the company traded hands, compared to its average volume of 49,732. The stock has a market capitalization of $72.28 million, a PE ratio of 17.20 and a beta of 1.63. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22. The company’s 50 day moving average is $6.52 and its 200-day moving average is $7.66. Flexible Solutions International, Inc. has a fifty-two week low of $3.46 and a fifty-two week high of $11.48.

Institutional Trading of Flexible Solutions International

Several large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its holdings in shares of Flexible Solutions International by 2.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 80,481 shares of the company’s stock valued at $776,000 after purchasing an additional 1,700 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Flexible Solutions International by 2.8% in the third quarter. Vanguard Group Inc. now owns 284,869 shares of the company’s stock worth $2,746,000 after buying an additional 7,700 shares during the last quarter. Strait & Sound Wealth Management LLC acquired a new position in shares of Flexible Solutions International during the 2nd quarter valued at about $49,000. Finally, Ritholtz Wealth Management bought a new position in shares of Flexible Solutions International in the 3rd quarter valued at approximately $109,000. 54.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FSI has been the topic of several analyst reports. Singular Research raised shares of Flexible Solutions International from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, December 1st. Zacks Research raised Flexible Solutions International from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Flexible Solutions International currently has an average rating of “Buy”.

Flexible Solutions International Company Profile

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.