Intrepid Potash (IPI) reported second-quarter 2026 net income of $15.6 million, or $1.17 per diluted share, compared with $3.3 million, or $0.25 per diluted share, in the prior-year quarter.
Sales from continuing operations were $66.7 million, compared with $67.5 million a year earlier. Net income included a $13.2 million gain related to the completed sale of Intrepid South.
- Gross margin rose to $16.6 million from $12.4 million in the second quarter of 2025.
- Net income from continuing operations was $2.4 million, up from $1.4 million in the prior-year quarter.
- Potash production guidance increased to 290,000 to 300,000 tons for full-year 2026.
- Trio production guidance increased to 295,000 to 305,000 tons for full-year 2026.
- Cash and cash equivalents totaled $185.0 million as of June 30, 2026.
- The board expanded the company’s share repurchase authorization to $50 million.
$IPI Insider Trading Activity
$IPI insiders have traded $IPI stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $IPI stock by insiders over the last 6 months:
- LORI A LANCASTER sold 4,800 shares for an estimated $217,149
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$IPI Hedge Fund Activity
We have seen 80 institutional investors add shares of $IPI stock to their portfolio, and 63 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GATE CITY CAPITAL MANAGEMENT, LLC removed 689,751 shares (-75.5%) from their portfolio in Q1 2026, for an estimated $29,500,650
- DRIEHAUS CAPITAL MANAGEMENT LLC added 313,888 shares (+inf%) to their portfolio in Q1 2026, for an estimated $13,424,989
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 97,923 shares (-39.3%) from their portfolio in Q1 2026, for an estimated $4,188,166
- SG AMERICAS SECURITIES, LLC added 93,482 shares (+1773.2%) to their portfolio in Q1 2026, for an estimated $3,998,225
- ACADIAN ASSET MANAGEMENT LLC added 88,657 shares (+107.6%) to their portfolio in Q1 2026, for an estimated $3,791,859
- BNP PARIBAS FINANCIAL MARKETS removed 75,647 shares (-94.2%) from their portfolio in Q1 2026, for an estimated $3,235,422
- FRANKLIN RESOURCES INC added 61,748 shares (+249.4%) to their portfolio in Q1 2026, for an estimated $2,640,961
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
