Key Points
- Arve Hanstveit sold 2,419 shares on April 6 at $10.29 (≈$24,892) and has recently sold much larger blocks—including 165,292 shares on April 2 for $1.676M—reducing his stake to 382,509 shares.
- Energy Recovery missed quarterly expectations, reporting $0.53 EPS vs. $0.67 expected and $66.59M revenue vs. $82.59M expected, and set FY2026 guidance of $0.50–$0.70 EPS.
- The stock trades near $10.72 with a market cap of about $566M and a consensus analyst rating of "Moderate Buy" with a $15 price target, while institutional investors hold roughly 83.58% of shares.
Energy Recovery, Inc. (NASDAQ:ERII - Get Free Report) Director Arve Hanstveit sold 2,419 shares of the business's stock in a transaction on Monday, April 6th. The stock was sold at an average price of $10.29, for a total transaction of $24,891.51. Following the sale, the director owned 382,509 shares in the company, valued at $3,936,017.61. The trade was a 0.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Arve Hanstveit also recently made the following trade(s):
- On Thursday, April 2nd, Arve Hanstveit sold 165,292 shares of Energy Recovery stock. The stock was sold at an average price of $10.14, for a total transaction of $1,676,060.88.
- On Friday, March 6th, Arve Hanstveit sold 11,582 shares of Energy Recovery stock. The stock was sold at an average price of $10.62, for a total transaction of $123,000.84.
- On Thursday, March 5th, Arve Hanstveit sold 38,418 shares of Energy Recovery stock. The stock was sold at an average price of $10.71, for a total transaction of $411,456.78.
Energy Recovery Stock Up 3.8%
Energy Recovery stock opened at $10.72 on Thursday. Energy Recovery, Inc. has a 52 week low of $9.35 and a 52 week high of $18.32. The firm's 50-day simple moving average is $12.37 and its 200 day simple moving average is $14.05. The firm has a market capitalization of $566.34 million, a PE ratio of 24.93 and a beta of 1.08.
Energy Recovery (NASDAQ:ERII - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The industrial products company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.14). Energy Recovery had a return on equity of 11.92% and a net margin of 17.01%.The business had revenue of $66.59 million during the quarter, compared to analysts' expectations of $82.59 million. Energy Recovery has set its FY 2026 guidance at 0.500-0.700 EPS. On average, research analysts expect that Energy Recovery, Inc. will post 0.36 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in Energy Recovery by 4.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,984 shares of the industrial products company's stock valued at $218,000 after purchasing an additional 613 shares during the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in Energy Recovery by 2.6% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 36,649 shares of the industrial products company's stock valued at $559,000 after purchasing an additional 914 shares during the last quarter. S&CO Inc. raised its stake in Energy Recovery by 9.1% in the 3rd quarter. S&CO Inc. now owns 12,000 shares of the industrial products company's stock valued at $185,000 after purchasing an additional 1,000 shares during the last quarter. Aviva PLC raised its stake in Energy Recovery by 4.9% in the 4th quarter. Aviva PLC now owns 33,974 shares of the industrial products company's stock valued at $458,000 after purchasing an additional 1,599 shares during the last quarter. Finally, Wexford Capital LP acquired a new position in Energy Recovery in the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 83.58% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms recently commented on ERII. Weiss Ratings reiterated a "hold (c-)" rating on shares of Energy Recovery in a research report on Monday, December 29th. Northcoast Research began coverage on shares of Energy Recovery in a research report on Friday, March 6th. They issued a "buy" rating and a $14.00 price objective on the stock. Finally, Loop Capital set a $13.00 price objective on shares of Energy Recovery in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $15.00.
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About Energy Recovery
(
Get Free Report)
Energy Recovery, Inc (NASDAQ: ERII) is an energy technology company specializing in the design and manufacture of high-efficiency devices that capture and repurpose energy in fluid-handling applications. The company's core offering, the Pressure Exchanger® (PX®) device, enables seawater reverse osmosis (SWRO) desalination plants to recover and reuse hydraulic energy that would otherwise be lost during brine discharge. By integrating PX technology into desalination processes, Energy Recovery helps operators significantly reduce the energy consumption and operating costs of producing fresh water from seawater or brackish sources.
In addition to desalination solutions, Energy Recovery has expanded its portfolio to serve the oil and gas sector through turbocharger systems that improve the energy efficiency of hydraulic fracturing operations.
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