PPIH CFO Matthew Lewicki Sells Shares Amid Ongoing Insider Activity
Chief Financial Officer Matthew Lewicki sold 497 shares of PPIH at $28.05 each.
Key Points
- Chief Financial Officer Matthew Lewicki sold 497 shares of PPIH at $28.05 each on June 22, 2026, totaling $13,940.85.
- PPIH shares traded near $27.36 on Friday, with insider trading activity ongoing among key executives.
- Other institutional investors like Vanguard Capital opened new positions while Renaissance Technologies increased their stake by 39.1%.
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On June 22, 2026, Matthew Lewicki, the Chief Financial Officer of PPIH, sold 497 shares of the company at an average price of $28.05. This transaction was not part of a pre-planned trading program and was valued at $13,940.85.
Other Institutional Activity in PPIH
Among institutional investors, Vanguard Capital Management LLC opened a new position in PPIH, acquiring 323,690 shares valued at approximately $9.65 million. Meanwhile, Renaissance Technologies LLC increased its holdings by 58,800 shares, bringing its total to 209,093 shares worth about $6.23 million, a 39.1% increase. In contrast, Raymond James Financial Inc. reduced its stake by 46,454 shares, ending with 508,494 shares valued at $15.16 million, reflecting an 8.4% decrease. Dimensional Fund Advisors LP also trimmed its position by 35,248 shares, now holding 388,193 shares valued at $11.57 million, marking an 8.3% reduction.
Insider Buying and Selling at Perma-Pipe International Holdings, Inc.
In addition to Lewicki's sale on June 22, he also purchased 6,716 shares on June 24, 2026. PPIH's President and CEO, Saleh Nehad Saleh Sagr, acquired 21,509 shares on the same day. These transactions were not part of a pre-planned trading program. Earlier, on April 10, 2026, Nancy Zakhour bought 576 shares, and on July 25, 2025, David Mansfield sold 6,349 shares at $24.02 each.
Bottom Line
Insider activities at PPIH highlight ongoing trading by key executives, reflecting various strategic moves. While Lewicki's recent sale may catch attention, it was followed by significant purchases by both him and the CEO. Investors often watch insider transactions for potential signals about a company's prospects, but these should be considered as part of a broader analysis. As always, remember that insider trading reports are backward-looking and may not indicate current holdings.
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