CFO Lewicki Sells Shares of Perma-Pipe International Holdings

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 Up 2.7%

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.