PERMA-PIPE INTL HLDGS INC PPIH
COM · Common Stock · CUSIP 714167103
- SectorIndustrials
- IndustryIndustrial & Commercial Fans & Blowers & Air Purifing Equip
- HeadquartersThe Woodlands, TX
- Founded1989
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 8.0m as of 2024-06-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $8.90. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 26 |
| Q1 2023 | 24 |
| Q2 2023 | 26 |
| Q3 2023 | 27 |
| Q4 2023 | 26 |
| Q1 2024 | 25 |
| Q2 2024 | 23 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 7 | 11 |
| Q1 2023 | 9 | 8 |
| Q2 2023 | 9 | 9 |
| Q3 2023 | 9 | 9 |
| Q4 2023 | 10 | 8 |
| Q1 2024 | 6 | 12 |
| Q2 2024 | 12 | 7 |
Biggest buyers
| CANNELL CAPITAL LLC | Added | +27.3k |
| VANGUARD GROUP INC | Added | +9.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +4.6k |
| DIMENSIONAL FUND ADVISORS LP | Added | +4.3k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +3.1k |
| BlackRock Inc. | Added | +1.8k |
| FLPUTNAM INVESTMENT MANAGEMENT CO | Added | +1.0k |
| NORTHERN TRUST CORP | Added | +300 |
| Tower Research Capital LLC (TRC) | Added | +235 |
| BANK OF AMERICA CORP /DE/ | New | +66 |
Biggest sellers
| MORGAN STANLEY | Reduced | -156.5k |
| HighTower Advisors, LLC | Sold out | -17.6k |
| Arlington Financial Advisors, LLC | Sold out | -15.0k |
| UBS Group AG | Sold out | -13.9k |
| WEDBUSH SECURITIES INC | Reduced | -10.2k |
| CALDWELL SUTTER CAPITAL, INC. | Reduced | -1.4k |
| WELLS FARGO & COMPANY/MN | Sold out | -59 |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| RAYMOND JAMES & ASSOCIATES 13G · institution -0.8 pts · filed 2026-01-07 | 6.8% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-29 | 5.2% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.8%, 2026-04-09)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 3 | $24.2k | — |
| Q4 2022 | 0 | — | 3 | $12.5k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 2 | $59.6k | 0 | — | — |
| Q4 2023 | 1 | $11.2k | 2 | $18.9k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 447.2k $4.0m | Added +4.3k |
| WEDBUSH SECURITIES INC 0.14% of their portfolio | 441.5k $3.9m | Reduced -10.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 328.9k $2.9m | Added +9.5k |
| CALDWELL SUTTER CAPITAL, INC. 1.00% of their portfolio | 227.9k $2.0m | Reduced -1.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 173.4k $1.5m | Added +3.1k |
| CANNELL CAPITAL LLC 0.35% of their portfolio | 163.8k $1.5m | Added +27.3k |
| MORGAN STANLEY 0.00% of their portfolio | 126.6k $1.1m | Reduced -156.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 85.6k $761.8k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 75.0k $667.6k | Added +4.6k |
| SHUFRO ROSE & CO LLC 0.05% of their portfolio | 70.0k $623.0k | Unchanged |
| FLPUTNAM INVESTMENT MANAGEMENT CO 0.01% of their portfolio | 45.7k $406.9k | Added +1.0k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 40.8k $363.1k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 24.8k $221.0k | Added +300 |
| BlackRock Inc. 0.00% of their portfolio | 19.7k $175.0k | Added +1.8k |
| Keeley-Teton Advisors, LLC 0.01% of their portfolio | 11.2k $99.3k | Unchanged |
| Founders Capital Management 0.04% of their portfolio | 7.2k $64.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.2k $11.0k | Added +235 |
| US BANCORP \DE\ 0.00% of their portfolio | 668 $5.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 133 $1.0k | Added +15 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 66 $588 | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 38 $338 | Unchanged |
| Capital Advisors, Ltd. LLC 0.00% of their portfolio | 31 $0 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |