<div id="readability-page-1"><p>Gabelli Funds LLC lessened its stake in  Innovex International, Inc. (NYSE:INVX - Free Report) by 15.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 360,100 shares of the company's stock after selling 64,900 shares during the period. Gabelli Funds LLC owned approximately 0.52% of Innovex International worth $5,625,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Innovex International</strong> alerts:</span></p></div><p>A number of other institutional investors have also recently made changes to their positions in the stock. US Bancorp DE raised its position in shares of  Innovex International by 234.0% during the 1st quarter. US Bancorp DE now owns 1,533 shares of the company's stock valued at $28,000 after buying an additional 1,074 shares in the last quarter.  First Horizon Advisors Inc. increased its stake in  Innovex International by 150.3% in the second quarter. First Horizon Advisors Inc. now owns 3,367 shares of the company's stock valued at $53,000 after acquiring an additional 2,022 shares during the last quarter.  Smartleaf Asset Management LLC increased its stake in  Innovex International by 264.9% in the first quarter. Smartleaf Asset Management LLC now owns 3,375 shares of the company's stock valued at $60,000 after acquiring an additional 2,450 shares during the last quarter.  PNC Financial Services Group Inc. raised its position in  Innovex International by 15.6% during the first quarter. PNC Financial Services Group Inc. now owns 5,880 shares of the company's stock valued at $106,000 after purchasing an additional 794 shares in the last quarter.  Finally, Police &amp; Firemen s Retirement System of New Jersey lifted its stake in  Innovex International by 23.7% during the second quarter. Police &amp; Firemen s Retirement System of New Jersey now owns 8,550 shares of the company's stock worth $134,000 after purchasing an additional 1,639 shares during the last quarter. </p><h2>Innovex International Stock Performance</h2><p>NYSE INVX opened at $23.07 on Wednesday. The company has a 50-day simple moving average of $20.51 and a two-hundred day simple moving average of $17.78. The company has a quick ratio of 2.93, a current ratio of 4.78 and a debt-to-equity ratio of 0.02. Innovex International, Inc. has a 12-month low of $11.93 and a 12-month high of $24.31. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 15.69 and a beta of 0.74. </p><p>Innovex International (NYSE:INVX - Get Free Report) last released its quarterly earnings data on Wednesday, February 23rd. The company reported ($0.12) EPS for the quarter. The company had revenue of $87.23 million during the quarter. Innovex International had a return on equity of 8.51% and a net margin of 10.59%.</p><h2>Wall Street Analyst Weigh In</h2><p>Separately, Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Innovex International in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned  a Buy rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of &#34;Buy&#34; and an average target price of $16.50.</p><p><b>Read Our Latest Stock Report on Innovex International</b></p><h2>About Innovex International</h2> (Free Report)<p>Innovex International, Inc engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX. </p><h2>Further Reading</h2><ul><li>Five stocks we like better than Innovex International</li><li>What is the Australian Securities Exchange (ASX) </li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>What is a Death Cross in Stocks?</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><strong>Want to see what other hedge funds are holding INVX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Innovex International, Inc. (NYSE:INVX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlOVlg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlOVlg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Innovex International Right Now?</h2><p>Before you consider Innovex International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Innovex International wasn't on the list.</p><p>While Innovex International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Gabelli Funds LLC reduced its stake in Innovex International, Inc. by 15.3% in Q2, owning 360,100 shares worth $5.625 million. Other investors adjusted their positions, with US Bancorp DE increasing its stake by 234% and First Horizon Advisors Inc. by 150.3%. Innovex's stock opened at $23.07, with a market cap of $1.59 billion. Analysts have a consensus 'Buy' rating with a target price of $16.50.</p>

Gabelli Funds LLC Lowers Stock Position in Innovex International, Inc. $INVX