John Ivascu Sells 5,000 Shares of Forum Energy Technologies (NYSE:FET) Stock

Forum Energy Technologies, Inc. (NYSE:FET) EVP John Ivascu sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $70.63, for a total value of $353,150.00. Following the completion of the transaction, the executive vice president directly owned 85,512 shares in the company, valued at approximately $6,039,712.56. This represents a 5.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Forum Energy Technologies Trading Up 1.3%

Shares of FET opened at $75.28 on Thursday. The firm has a market cap of $846.96 million, a P/E ratio of -501.87, a price-to-earnings-growth ratio of 3.04 and a beta of 0.53. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.19 and a quick ratio of 1.09. Forum Energy Technologies, Inc. has a 1 year low of $18.12 and a 1 year high of $75.89. The company has a 50 day simple moving average of $53.02 and a two-hundred day simple moving average of $54.36.

Forum Energy Technologies (NYSE:FET) last released its earnings results on Thursday, July 30th. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.56 by $0.60. The firm had revenue of $226.22 million for the quarter, compared to the consensus estimate of $212.35 million. Forum Energy Technologies had a negative net margin of 0.19% and a positive return on equity of 9.45%. On average, equities analysts expect that Forum Energy Technologies, Inc. will post 3.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Forum Energy Technologies

A number of institutional investors and hedge funds have recently modified their holdings of FET. Meeder Asset Management Inc. purchased a new stake in Forum Energy Technologies during the 4th quarter valued at $35,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Forum Energy Technologies during the fourth quarter worth $37,000. Kemnay Advisory Services Inc. purchased a new position in Forum Energy Technologies during the fourth quarter worth $75,000. Tower Research Capital LLC TRC boosted its stake in Forum Energy Technologies by 558.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,088 shares of the oil and gas company’s stock worth $41,000 after buying an additional 1,771 shares during the period. Finally, SG Americas Securities LLC bought a new position in Forum Energy Technologies during the first quarter valued at $126,000. Hedge funds and other institutional investors own 65.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on FET shares. Zacks Research lowered Forum Energy Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Wall Street Zen upgraded Forum Energy Technologies from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Forum Energy Technologies in a research note on Friday, July 17th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Forum Energy Technologies News Roundup

Here are the key news stories impacting Forum Energy Technologies this week:

• Positive Sentiment: Sidoti sharply raised its earnings forecasts. The firm increased its FY2026 EPS estimate to $3.88 from $2.08 and its FY2027 estimate to $5.19 from $3.09. It also lifted estimates for multiple 2026–2027 quarters, signaling greater confidence in Forum Energy Technologies’ earnings momentum. MarketBeat Forum Energy Technologies estimates
• Positive Sentiment: Recent quarterly results exceeded expectations. Forum Energy reported $1.16 in EPS versus the $0.56 consensus estimate, while revenue of $226.2 million also topped the $212.4 million forecast. The results provide fundamental support for the stock’s strong rally and the higher analyst projections.
• Positive Sentiment: Restructuring progress is supporting investor sentiment. Coverage has highlighted management’s execution and ongoing restructuring efforts, which may improve operating efficiency and reinforce expectations for stronger future profitability. Forum Energy Technologies management keeps delivering
• Neutral Sentiment: Momentum has brought FET to a 52-week high. Zacks is assessing whether the rally can continue based on fundamentals and comparing the stock’s year-to-date performance with oil-and-energy peers, including NOV. These articles offer context but do not represent new company guidance. Zacks 52-week-high analysis
• Negative Sentiment: An executive sold shares. EVP John Ivascu sold 5,000 shares for approximately $353,150, reducing his direct ownership by 5.52%. Because the transaction was made under a pre-arranged Rule 10b5-1 plan, it may be less concerning than discretionary insider selling, but it remains a modest negative signal after the stock’s advance. Forum Energy Technologies insider sale
• Negative Sentiment: Analyst sentiment remains mixed. Sidoti lowered its Q1 2027 EPS estimate to $0.67 from $0.75, while other rating sources maintain Hold, Sell, or Reduce views. This caution could limit upside if future results fail to match the elevated forecasts.

Forum Energy Technologies Company Profile

Forum Energy Technologies Inc is a global provider of advanced products and services to the oil and gas industry. The company’s offerings span the full lifecycle of exploration and production, including drilling, well construction, completion and production, and subsea operations. Key product lines include premium drill bits, downhole drilling motors, directional drilling tools, subsea umbilicals, and pressure control equipment, complemented by field service support and engineered solutions for complex projects.

Established through the merger of Forum Oilfield Technologies, Triton Group, Global Energy Group, and Allen International in 2010, Forum Energy Technologies has built a diversified technology portfolio designed to meet evolving industry requirements.