INVX Innovex International, Inc.

Last updated: Mar 16, 2026

🐂

Execution Consistency

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: 30-80%. Bear: <10% or >80%.

Buyback $22M / FCF $93M = 23% of FCF

—

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

Repurchased 1,318,927 shares = 1.9% of 69,178,263 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 insider purchases happening during the same quarters the company is actively buying back stock?

Need both buyback and insider purchase data

🐻

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $327M (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