Perma-Pipe International (PPIH) CFO Earl Sells $14K of Stock
CFO Matthew Lewicki sold 497 shares of Perma-Pipe International on June 22, totaling $13,940.85.
Reviewed by automated data checks against the source filing. How we make and check alerts
Lewicki Matthew Earl, Chief Financial Officer at Perma-Pipe International Holdings, Inc. ($PPIH), sold 497 shares at an average price of $28.05, worth about $13,940.85, on June 22, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $PPIH is down 2.6% after 1 week, down 9.7% after 1 month and down 0.5% to date (from the $28.05 close on Jun 22, 2026).
PPIH
Perma-Pipe International Holdings, Inc.
Key Points
- CFO Matthew Lewicki sold 497 shares of Perma-Pipe International Holdings, Inc. (PPIH) on June 22, 2026, at $28.05 each, totaling $13,940.85.
- Shares of PPIH traded near $27.36 on Saturday, with a market cap of approximately $224.8 million and a P/E ratio of 16.28.
- Institutional investors like Renaissance Technologies LLC increased their stake by 58,800 shares, while Vanguard Capital Management LLC opened a new position.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Perma-Pipe International Holdings, Inc. alert may contain errors. Disclosures
On June 22, 2026, Perma-Pipe International Holdings, Inc.'s Chief Financial Officer, Matthew Lewicki, sold 497 shares of the company. The shares were sold at an average price of $28.05 each, totaling $13,940.85. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Perma-Pipe International Holdings, Inc.
In addition to Lewicki's recent sale, there was notable buying activity on June 24, 2026. Lewicki himself bought 6,716 shares, while President and CEO Saleh Sagr acquired 21,509 shares. Nancy Zakhour also purchased 2,648 shares on the same day.
Other Institutional Activity in Perma-Pipe International Holdings
Several institutional investors have also adjusted their positions in Perma-Pipe International Holdings. Renaissance Technologies LLC increased its holdings by 58,800 shares, ending with 209,093 shares valued at about $6.23 million, marking a 39.1% increase. Vanguard Capital Management LLC opened a new position with 323,690 shares worth approximately $9.65 million. Conversely, Raymond James Financial Inc. reduced its holdings by 46,454 shares, resulting in a total of 508,494 shares valued at $15.16 million, an 8.4% decrease.
Perma-Pipe International Holdings, Inc. Stock Down 10.4%
As of Saturday, shares of NasdaqGM:PPIH traded near $27.36. The company boasts a market capitalization of roughly $224.8 million and a P/E ratio of 16.28. Perma-Pipe International's stock has fluctuated between a 52-week low of $20.92 and a high of $36.72. The stock's 50-day moving average is $30.70, with 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.
Recent Earnings
Perma-Pipe International reported revenue of $214.4 million with a growth rate of 7.5%. The company's net margin stands at 6.47%, and it has a return on equity of 17.49%. Earnings per share (EPS) is reported at $1.70. The next earnings report is anticipated on September 9, 2026.
About Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. is an industrial company headquartered in The Woodlands, Texas. It specializes in designing and manufacturing specialty piping systems and leak detection solutions. Operating in regions like the United States, Canada, and the Middle East, the company provides insulated piping systems for energy distribution and containment systems for hazardous materials. Under the leadership of CEO Saleh Sagr, Perma-Pipe employs approximately 909 people and offers technical support alongside its core products.
Bottom Line
Lewicki's recent share sale is part of ongoing insider activity at Perma-Pipe International Holdings, which also saw significant insider purchasing in June. Investors keep a close eye on such transactions for potential insights into company performance. It's important to remember that insider trades are just one of many factors to consider, and the information reflects past activity rather than current positions.
Related Filing Alerts
Source: Lewicki Matthew Earl's Form 4 filing on $PPIH (Jun 22, 2026). Find the original filing: PPIH Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts