NOV NOV Inc. Insider Trading

Sr. VP & Gen. Counsel Weinstock sells 70,000 shares at blended avg $20.08, reducing stake 21.5% to 256,319 shares

Craig L. Weinstock, Sr. VP & General Counsel of NOV Inc., executed 4 separate sales totaling 70,000 shares for $1,405,421.53 at prices ranging from $19.94 to $20.32. The sale reduces his post-transaction holdings from 326,319 shares to 256,319 shares, a net reduction of 21.5% of his pre-transaction position. The blended average price of $20.08 sits only $0.55 below the current stock price of $20.63, which is at its 52-week high of $20.63. This large discretionary sale occurs against a backdrop of strong recent momentum: the stock is up 12.2% over 30 days and up 36.7% over 90 days, yet fundamental metrics show elevated valuation (P/E of 52.90) paired with near-flat annual revenue growth of -1.4% and modest net income of $42,000,000. The magnitude and timing warrant monitoring, though the sale does not represent a complete exit from a material position of 256,319 shares remaining.

NOV President Rovig sells 151,086 shares at $20.17; post-trade holds 269,694 shares

Rovig Joseph W, President - Energy Equipment at NOV Inc., executed a discretionary sale of 151,086 shares (151.1K shares) on 2026-02-23 at $20.17 per share, totaling $3,046,694.52 ($3.0M). This represents a -35.9% reduction in his prior holdings, bringing his remaining stake to 269,694 shares (269.7K shares). The transaction occurred near the 52-week high of $20.63, with the stock up +12.2% over the preceding 30 days and +36.7% over 90 days. However, Rovig's cross-ticker sell track record shows poor timing: his prior sell at NOV on 2024-11-07 returned +0.2% over 90 days, and his one prior cross-ticker sell had an average 90-day return of +0.2%, with a 90-day well-timed rate of 0.00%, indicating the stock rose after both prior sales. The company faces headwinds: annual revenue contracted -1.4% year-over-year, net income of $42,000,000 ($42.0M) yields a high P/E of 52.90 on a $7.4B market cap, and recent quarterly revenue was $2,176,000,000 ($2.2B). The sale does not align with demonstrated timing acumen, and the fundamental backdrop—revenue decline and elevated valuation—provides limited context for assessing this as discretionary positioning.

Director Kendall Christian S acquired 70,000 shares of NOV at blended average $14.46 in two transactions totaling $1,012,200, raising stake 438.9%.

Kendall Christian S, a NOV director, executed 2 separate purchases totaling 70,000 shares for $1,012,200.00 on 2025-11-21, increasing his holdings from 15,949 to 85,949 shares—a 438.9% increase. The blended average purchase price of $14.46 is below the current price of $15.03 and notably 9.5% below the 52-week high of $16.61, positioning the purchase within the stock's recent upward trend (+8.6% over 30 days, +16.8% over 90 days). His cross-ticker insider trading history shows 1 prior buy with a 100.00% 90-day win rate and average 90-day returns of +23.5%, suggesting a track record of timely accumulation decisions. The acquisition represents a material strengthening of insider ownership in a $5.5B market-cap company trading at a 14.31 P/E ratio with modest 3.3% annual revenue growth.

VP Corp. Controller sells 40,953 shares at $16.44 blended price for $673.3K; retains 70.1K shares post-transaction.

Christy Lynn Novak, VP and Corporate Controller at NOV Inc., executed 2 separate sales on 2024-11-07 totaling 40,953 shares for $673,250.47. This represents a -36.9% reduction in her pre-transaction holdings, bringing her remaining position to 70,131 shares. The blended transaction price of $16.44 sits just above the current price of $16.28 and well below the 52-week high of $21.00 (currently -22.5% from peak). Given NOV's strong fundamentals—$2.2B quarterly revenue, $130.0M net income, and +18.6% annual revenue growth—the sale's magnitude and timing warrant examination of whether it reflects a deliberate liquidity event unrelated to company outlook. The company trades at a 5.90 P/E with a $6.3B market cap, suggesting valuation does not appear distressed, but the stock's -8.8% 90-day decline provides context for execution timing.

NOV President Energy Equipment sells 73.3K shares at $16.40; retains 191.6K. Stock down 22.5% from 52-week high.

Joseph W. Rovig, President of Energy Equipment at NOV, sold 73,256 shares for $1,201,076.07 on 2024-11-07 at $16.40 per share, reducing his holdings by 27.7% from 264,823 to 191,567 shares. The sale occurs with NOV trading at $16.28 (current), which is 22.5% below its 52-week high of $21.00, while the company reports strong fundamentals including $2.2B quarterly revenue, $130.0M net income, and 18.6% annual revenue growth at a P/E of 5.90. The sale represents a material reduction in a senior executive's position at a company showing robust financial performance, though the stock price context (near 52-week lows) merits investor attention to the timing and signaling.