Danford Michael Dewayne sold $118K of FET
Danford Michael Dewayne (SVP & CHO) sold 1,500 shares of FORUM ENERGY TECHNOLOGIES, INC. (FET) at $78.91 ($0.12M total) on 2026-08-10.
FORUM ENERGY TECHNOLOGIES, INC.
No enriched coverage for $FET in the last 7 days.
Danford Michael Dewayne (SVP & CHO) sold 1,500 shares of FORUM ENERGY TECHNOLOGIES, INC. (FET) at $78.91 ($0.12M total) on 2026-08-10.
An earnings week preview highlights major upcoming reports and macro data. Berkshire Hathaway, Barrick Gold, Supermicro, CoreWeave, On Holding, Sea Limited, Venture Global, CPI, Nebius, Cisco, JD.com, Applied Materials, and nuclear power firms Fermi America and X-Energy are cited. Key investor focus includes AI capex-to-revenue signals, CPI core inflation for rate expectations, and gold and LNG supply themes.
Forum Energy Technologies (NYSE: FET) shares rose nearly 22% after it reported Q2 results. The company posted $226M revenue, up over 8% YoY, and adjusted net income of $13.7M, or $1.16 per share, versus a prior-year loss. It also raised 2026 guidance to $870M-$910M revenue and $42M-$52M adjusted net income.
Recent FET coverage spans financial news, earnings and insider activity.
In the last 30 days, FET insiders filed 6 SEC Form 4 transactions — no purchases and 6 sales ($878K). The most active reporter was IVASCU JOHN C, EVP, General Counsel & CCO, with 5 filings. 83% of those filings were made under pre-arranged Rule 10b5-1 plans.
This is an insider selling disclosure with no 10b5-1 plan stated; it may slightly affect sentiment but is not a fundamental catalyst by itself.
If results show contracting momentum, it could validate demand for data-center nuclear power solutions.
The earnings beat plus raised guidance is the direct catalyst behind the nearly 22% Friday jump, supporting a bullish near-term repricing.
Raised guidance on stronger demand and a higher order backlog likely supports near-term earnings expectations and sentiment.
Raised 2026 guidance plus improved leverage and free cash flow supports a near-term positive repricing risk for FET, with follow-through dependent on backlog conversion.
alphai scores every news story that mentions FET with an AI model for sentiment and relevance, and aggregates insider trades from FORUM ENERGY TECHNOLOGIES, INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Danford Michael Dewayne (SVP & CHO) sold 1,500 shares of FORUM ENERGY TECHNOLOGIES, INC. (FET) at $78.91 ($0.12M total) on 2026-08-10.
1 min readAn earnings week preview highlights major upcoming reports and macro data. Berkshire Hathaway, Barrick Gold, Supermicro, CoreWeave, On Holding, Sea Limited, Venture Global, CPI, Nebius, Cisco, JD.com, Applied Materials, and nuclear power firms Fermi America and X-Energy are cited. Key investor focus includes AI capex-to-revenue signals, CPI core inflation for rate expectations, and gold and LNG supply themes.
6 min readForum Energy Technologies (NYSE: FET) shares rose nearly 22% after it reported Q2 results. The company posted $226M revenue, up over 8% YoY, and adjusted net income of $13.7M, or $1.16 per share, versus a prior-year loss. It also raised 2026 guidance to $870M-$910M revenue and $42M-$52M adjusted net income.
4 min readThe Texas-based oilfield products company released the data for the period ended Jun. 30 after markets closed Thursday. Revenue, Margins Beat Expectations Forum Energy reported revenue of $226.22 million against the expected $212.35 million, beating estimates by 6.53%. This marks an increase of roughly 8.4% from first-quarter revenue of $208.70 million, driven by stronger demand across its Drilling and Completions segment.
4 min readFORUM ENERGY TECHNOLOGIES, INC. (FET) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991-fetearningsrele.htm EX-99.1 Document Exhibit 99.1 Forum Energy Technologies Announces Second Quarter 2026 Results; Raises Full Year 2026 Guidance • Orders: $236 million, book-to-bill ratio of 104% • Revenue: $226 million, up 8% sequentially • Net income and e
6 min readFrontier Energy appointed Monford as EPC contractor for its 132MWdc solar plus 81.5MW/562MWh battery project in Western Australia. Monford began detailed design under an interim agreement, with full mobilisation set for Sept 2026 and first generation targeted in 2H 2028. Frontier secured up to AU$280m project debt from Natixis CIB and Sumitomo Mitsui and AU$110m conditional equity at AU$0.20/share.
5 min readSidoti has increased its Q2 2026 earnings per share estimates for Forum Energy Technologies (NYSE:FET) to $0.53, up from $0.42. This update follows FET's Q1 earnings report where the company surpassed analyst expectations on both EPS ($0.47 vs $0.44) and revenue ($208.70 million vs $201.30 million). Despite a "Moderate Buy" consensus rating, the stock currently trades at $59.51 and has seen some insider selling activity.
2 min readThis article provides a precision trading analysis for Forum Energy Technologies Inc. (FET), highlighting positive near-term sentiment while noting a weak mid-term bias within a long-term strength context. It details specific institutional trading strategies including position trading, momentum breakout, and risk hedging, complete with entry zones, targets, and stop losses. The analysis also includes multi-timeframe signal strengths, support, and resistance levels to guide trading decisions.
5 min readForum Energy Technologies (NYSE: FET) saw its share price surge by 15.26% after reporting better-than-expected Q4 2025 results, with adjusted earnings of $0.41 per share and revenue exceeding forecasts. The company also announced a strong outlook for FY 2026, projecting revenue growth of 6% at the midpoint, increased EBITDA, and significant free cash flow. Forum Energy Technologies is entering 2026 with an 11-year high backlog of $312 million.
2 min readMonaco Asset Management SAM has reduced its stake in Forum Energy Technologies (NYSE:FET) by 40%, selling 20,000 shares but still owning 30,000 shares valued at $801,000. Despite this reduction by Monaco, other institutions like JPMorgan Chase have increased their positions, with institutional investors now holding 65.6% of the stock. The company's fundamentals appear strong, having exceeded Q4 estimates, set optimistic revenue guidance for FY2026, and repurchased approximately 11% of its shares, leading to an 8.7% rise in its stock price.
3 min read