FET General Counsel John C Ivascu Sells $388K of Stock
Key Points
- John C Ivascu, EVP and General Counsel of Forum Energy Technologies, sold 4,300 shares at an average price of $90.14, cutting his stake by 5.39%.
- After the trade, John C Ivascu holds 75,512 $FET shares, down 5.39% from before the trade.
- The stock recently traded around $89.95, which is about 9.6% above its 50-day moving average of $82.05.
- Forum Energy Technologies has a market cap of approximately $1.03 billion and is expected to report earnings on October 29, 2026.
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On October 27, 2026, John C Ivascu, the Executive Vice President and General Counsel of Forum Energy Technologies, Inc. (FET), sold 4,300 shares for $387,617.91. This sale reduced his holdings by 5.39%, leaving him with 75,512 shares. Ivascu's transaction was planned, as indicated in his SEC Form 4 filing.
Inside John C Ivascu's Trade
Ivascu sold the shares at an average price of $90.14 each. This sale follows an earlier transaction on August 11, 2026, when he sold 5,000 shares. The recent trade shows a strategic move as the stock price remains close to its 52-week high of $91.41.
Other Institutional Activity in Forum Energy Technologies
Several other funds have also made moves in Forum Energy Technologies. Acadian Asset Management increased its holdings by 53,274 shares, bringing its total to 454,129 shares valued at about $40.8 million. American Century Companies added 34,007 shares, resulting in a total of 445,211 shares worth approximately $40.0 million. Two Sigma Investments grew its stake by 82,120 shares, leading to a total of 408,252 shares valued at roughly $36.7 million. Jacobs Levy Equity Management increased its holdings by 14,772 shares, ending with 279,986 shares valued at about $25.2 million.
Forum Energy Technologies, Inc. Stock Up 1.2%
As of October 28, 2026, Forum Energy Technologies stock is trading around $89.95, which is about 9.6% above its 50-day moving average of $82.05 and 45.1% above its 200-day average of $61.99. However, it is slightly below its 52-week high of $91.41. The stock has been performing well, trading above its 52-week low of $26.00, which indicates solid growth potential.
Recent Earnings
Forum Energy Technologies reported trailing twelve-month revenue of approximately $833.3 million, with a year-over-year growth rate of 13.2%. However, the company posted a net margin of -0.2% and a return on equity of -0.5%. The next earnings report is expected on October 29, 2026.
Insider Buying and Selling at Forum Energy Technologies, Inc.
In addition to Ivascu's recent sale, other insiders have also sold shares. Michael Dewayne Danford, an officer, sold 1,500 shares on August 10, 2026, for $118,365, and later sold 1,200 shares on August 14, 2026, for $102,984. Chief Financial Officer David Lyle Williams Jr. sold 20,068 shares on August 20, 2026, valued at about $1.57 million.
Analysts Set New Price Targets
However, the mean price target stands at $91.00 based on the available analyst opinions.
About Forum Energy Technologies
Forum Energy Technologies, Inc. designs and supplies products for the oil, natural gas, defense, and renewable energy industries. Headquartered in Houston, Texas, the company operates through two segments: Drilling and Completions; and Artificial Lift and Downhole. This insider sale comes as the company prepares for its upcoming earnings report.
Bottom Line
Investors should keep an eye on Forum Energy Technologies as it approaches its next earnings date on October 29, 2026. Ivascu's planned sale fits into a broader pattern of insider trading, indicating potential shifts in confidence among company executives.
Source: John C Ivascu's Form 4 filing on $FET (Oct 27, 2026). Written by software, not financial advice. How we make alerts