Flexible Solutions International (NYSE:FSI) CEO Brien Daniel O Sells 56,000 Shares

Flexible Solutions International, Inc. (NYSE:FSI) CEO Brien Daniel O sold 56,000 shares of Flexible Solutions International stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $5.90, for a total transaction of $330,400.00. Following the sale, the chief executive officer directly owned 4,664,156 shares of the company’s stock, valued at $27,518,520.40. This trade represents a 1.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Flexible Solutions International Stock Down 0.5%

Shares of NYSE FSI traded down $0.03 during mid-day trading on Thursday, reaching $5.84. The company had a trading volume of 44,130 shares, compared to its average volume of 51,954. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. Flexible Solutions International, Inc. has a twelve month low of $3.46 and a twelve month high of $11.48. The stock’s 50 day moving average is $6.64 and its 200-day moving average is $7.67. The stock has a market capitalization of $74.12 million, a PE ratio of 17.70 and a beta of 1.56.

Analyst Upgrades and Downgrades

FSI has been the subject of several research reports. Zacks Research upgraded Flexible Solutions International from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. 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. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Flexible Solutions International

Several institutional investors and hedge funds have recently added to or reduced their stakes in FSI. Strait & Sound Wealth Management LLC acquired a new position in Flexible Solutions International during the second quarter valued at approximately $49,000. Ritholtz Wealth Management acquired a new stake in shares of Flexible Solutions International in the third quarter worth $109,000. Dimensional Fund Advisors LP boosted 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 worth $776,000 after buying an additional 1,700 shares during the period. Finally, Vanguard Group Inc. grew its stake in Flexible Solutions International by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 284,869 shares of the company’s stock valued at $2,746,000 after buying an additional 7,700 shares during the last quarter. 54.31% of the stock is currently owned by institutional investors and hedge funds.

About Flexible Solutions International

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.