Insider sale details
Innovex International (NASDAQ: INVX) Chief Executive Officer Adam Anderson sold 18,837 shares of common stock on February 24, 2026, at a price of $28.50 per share. The transaction totaled approximately $536,854 and was reported on a Form 4 filed with the Securities and Exchange Commission. According to the filing, the disposition was made pursuant to a pre-arranged Rule 10b5-1 trading plan that Anderson adopted on March 14, 2025.
Post-transaction ownership and market context
Following the sale, Anderson directly owns 466,744 shares of Innovex International. The trade occurred while the stock was trading close to its 52-week high of $29.48; at the time of the report shares were quoted at $29.25.
Momentum and valuation signals
Data from InvestingPro cited in the filing shows INVX has delivered a 75% return over the past six months. InvestingPro also indicates that, on its Fair Value analysis, INVX currently appears overvalued. The company is noted as one of more than 1,400 U.S. equities covered by InvestingPro's Pro Research Reports, which provide in-depth analytical coverage.
Recent financial performance
Innovex's fourth-quarter results released recently were mixed. The company posted adjusted earnings per share of $0.20, below the analyst consensus of $0.29. Revenues, however, exceeded expectations: Innovex reported $273.6 million in revenue against an estimate of $239.47 million. The reported revenue represents a 9% increase from the same quarter a year earlier and a 14% increase from the preceding quarter.
Planned secondary offering by selling stockholders
Separately, certain affiliates of Amberjack Capital Partners, L.P. announced plans to sell 5,750,000 shares of Innovex common stock in an underwritten public offering. The selling stockholders have also indicated they expect to grant the underwriters a 30-day option to purchase up to an additional 862,500 shares. Innovex has stated it will not sell any shares as part of that offering and will not receive proceeds from the sale.
Developments in context
Taken together, the insider sale executed under a pre-set trading plan, the company's mixed quarterly metrics, third-party valuation signals from InvestingPro, and the planned share disposition by Amberjack affiliates form a cluster of recent developments affecting Innovex International. The filing and earnings details provide a clear record of these activities, while the offering by existing shareholders is structured so that Innovex itself will not directly benefit financially from the transactions.
Note on reporting
The facts in this report are drawn from the company's regulatory filings and the financial results disclosed by Innovex International as reported in the referenced filings and data services.