Perma-Pipe International (PPIH) CFO Earl Buys 6,716 Shares

Perma-Pipe International Holdings, Inc.'s Chief Financial Officer, Matthew Earl Lewicki, recently bought 6,716 shares of the company on June 24, 2026. The transaction did not specify a price, but it added to his holdings, reflecting a possible vote of confidence in the company's future.

Other Institutional Activity in Perma-Pipe International Holdings

Institutional investors have been active in Perma-Pipe International Holdings. Renaissance Technologies LLC increased its holdings by 58,800 shares, ending with 209,093 shares worth about $6.23 million, marking a 39.1% increase. Meanwhile, Raymond James Financial Inc. reduced its position by 46,454 shares, holding 508,494 shares valued at approximately $15.16 million, an 8.4% decrease. Dimensional Fund Advisors LP also cut back by 35,248 shares, now holding 388,193 shares valued at $11.57 million, an 8.3% decrease. Vanguard Capital Management LLC opened a new position with 323,690 shares valued at $9.65 million.

Perma-Pipe International Holdings, Inc. Stock Down 9.4%

Shares of NasdaqGM:PPIH traded near $27.36 on Saturday. Perma-Pipe International Holdings has a market cap of $224.8 million and a P/E ratio of 16.3. The stock's 52-week range is between $20.92 and $36.72, with a 50-day moving average of $30.70 and a 200-day moving average of $29.35. The company maintains a current ratio of 2.31 and a quick ratio of 1.82, alongside a debt-to-equity ratio of 51.30.

Insider Buying and Selling at Perma-Pipe International Holdings, Inc.

On June 24, 2026, several insiders at Perma-Pipe International Holdings made transactions. CFO Matthew Earl Lewicki acquired 6,716 shares, while CEO Saleh Sagr purchased 21,509 shares. Additionally, Nancy Zakhour bought 2,648 shares. Earlier, on June 22, 2026, Lewicki sold 497 shares at an average price of $28.05.

About Perma-Pipe International Holdings

Perma-Pipe International Holdings, Inc. designs and manufactures specialty piping and leak detection systems. Based in The Woodlands, Texas, it serves various regions including the United States, Canada, and the Middle East. The company provides insulated piping systems for heating and cooling, as well as containment systems for hazardous materials. Led by CEO Saleh Sagr, Perma-Pipe employs about 909 people.

Bottom Line

Insider buying by CFO Matthew Earl Lewicki suggests confidence in Perma-Pipe International Holdings' prospects. Institutional investors have also been adjusting their positions, reflecting diverse views on the company's future. As always, it's important to remember that such insider and institutional activities are backward-looking and may not indicate current positions.