Director Brian D. Savoy purchased 1,000 shares for $67,340, marking the largest purchase of his career. This move coincides with a 27.49% decline over the last 90 days, suggesting the stock may be undervalued.
Price context
FLS is currently trading at $65.03, down 27.49% over the last 90 days and 29.63% below its 52-week high of $92.41.
Catalysts to watch
- •Director Brian D. Savoy executed the largest purchase of his career on May 14.
- •On May 6, Simply Wall St. assessed Flowserve's valuation after a sharp pullback.
- •On April 30, Zacks reported that Q1 earnings surpassed estimates despite lower revenues.
Risks
- •A 4.67% short interest percentage indicates notable bearish positioning.
- •On May 19, news cited a spike in oil prices and Treasury yields as factors rattling investors.
AI-generated context from public data. Not investment advice. Verify before trading.