Forum Energy Technologies (FET) - FREE Research Report

Waite Andrew L who is Director at Forum Energy Technologies sold 445,065 shares at $26.74 on Sept. 10, 2013. Following this transaction, the Director owned 42.2 million shares meaning that the stake was reduced by 1.04% with the 445,065 share transaction.

Simmons L E who is 10% Owner at Forum Energy Technologies sold 445,065 shares at $26.74 on Sept. 10, 2013. Following this transaction, the 10% Owner owned 2.3 million shares meaning that the stake was reduced by 16.27% with the 445,065 share transaction.

Baldwin David C who is Director at Forum Energy Technologies sold 445,065 shares at $26.74 on Sept. 10, 2013. Following this transaction, the Director owned 42.2 million shares meaning that the stake was reduced by 1.04% with the 445,065 share transaction.

The shares most recently traded at $26.85, up $0.11, or 0.42% since the insider transaction. Historical insider transactions for Forum Energy Technologies go as follows:

  • 12-Week # shares sold: 31,450
  • 24-Week # shares sold: 41,450

The average volume for Forum Energy Technologies has been 479,800 shares per day over the past 30 days. Forum Energy Technologies has a market cap of $2.5 billion and is part of the basic materials sector and energy industry. Shares are up 8.53% year to date as of the close of trading on Tuesday.

Forum Energy Technologies, Inc. provides manufactured technologies and applied products to the energy industry. The company has a P/E ratio of 20.1. Currently there are 6 analysts that rate Forum Energy Technologies a buy, 1 analyst rates it a sell, and 3 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on FET - FREE

TheStreet Quant Ratings rates Forum Energy Technologies as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and unimpressive growth in net income. Get the full Forum Energy Technologies Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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