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

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 12,500 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $5.88, for a total value of $73,500.00. Following the completion of the transaction, the chief executive officer owned 4,599,153 shares in the company, valued at $27,043,019.64. This represents a 0.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Flexible Solutions International Stock Performance

FSI stock opened at $5.52 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. The stock has a market cap of $70.06 million, a P/E ratio of 16.73 and a beta of 1.63. The firm has a 50 day simple moving average of $6.49 and a 200 day simple moving average of $7.66. Flexible Solutions International, Inc. has a 52 week low of $3.46 and a 52 week high of $11.48.

Institutional Trading of Flexible Solutions International

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

Analyst Ratings Changes

A number of research firms recently commented on FSI. Singular Research upgraded Flexible Solutions International from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, December 1st. Zacks Research upgraded shares of Flexible Solutions International from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company 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.