Street Calls of the Week
Michael Wayne Domino Jr., President of the DTR Division at Drilling Tools International Corp (NYSE:DTI), sold 2,083 shares of common stock at a price of $2.50 on October 24, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the transaction amounted to $5207. The sale comes as DTI, with a market capitalization of $87 million, faces challenging market conditions. According to InvestingPro analysis, the company is currently not profitable and analysts don’t expect profitability this year.
The sale was executed under a Rule 10b5-1 trading plan adopted on May 16, 2025. Following the transaction, Domino directly owns 1,464,299 shares of Drilling Tools International Corp. The stock, which tends to move independently of broader market trends with a beta of -0.36, has seen its price decline by about 33% over the past year. For deeper insights into DTI’s financial health and growth prospects, investors can access comprehensive analysis through InvestingPro’s detailed research reports.
In other recent news, Drilling Tools International (DTI) reported its second-quarter 2025 earnings, marking a significant achievement with positive adjusted free cash flow for the first time since becoming a public company. The company recorded a total revenue of $39.4 million, with tool rental revenues contributing notably to this figure. DTI has projected a revenue outlook ranging from $145 million to $165 million for the year 2025, indicating a positive financial trajectory. Despite a slight dip in premarket trading, the company experienced a modest stock recovery. These developments signal a potentially strong year ahead for Drilling Tools International.
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