INVX Innovex International, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2023: $11M, Q2 2023: $4M, Q1 2023: $6M, Q3 2022: $1M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $11M vs trailing avg $4M (+210%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $22M / FCF $60M = 37% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 1,318,927 shares = 1.9% of 69,077,237 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $327M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 326945329.0x more than bought. 2 C-suite officers among sellers

• Anderson Adam (Chief Executive Officer) sold 18,837 shares on 2026-02-24
• Anderson Adam (Chief Executive Officer) sold 13,241 shares on 2026-02-23
• Reddout Mark (President of North America) sold 20,000 shares on 2026-01-14
• Anderson Adam (Chief Executive Officer) sold 13,241 shares on 2026-01-14