Enviri Co. (NYSE:NVRI) CFO Purchases $249,841.40 in Stock

Enviri Co. (NYSE:NVRI) CFO Tom George Vadaketh acquired 40,297 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average price of $6.20 per share, for a total transaction of $249,841.40. Following the completion of the purchase, the chief financial officer now owns 132,431 shares of the company’s stock, valued at approximately $821,072.20. This represents a 43.74 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Enviri Stock Up 3.8 %

Enviri stock opened at $6.60 on Wednesday. Enviri Co. has a 52 week low of $5.67 and a 52 week high of $12.79. The stock has a market cap of $529.33 million, a price-to-earnings ratio of -4.15 and a beta of 2.19. The company’s 50-day moving average price is $8.06 and its two-hundred day moving average price is $8.54. The company has a current ratio of 1.25, a quick ratio of 0.99 and a debt-to-equity ratio of 3.14.

Enviri (NYSE:NVRI) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.05. The business had revenue of $558.71 million for the quarter, compared to analyst estimates of $578.98 million. Enviri had a negative net margin of 5.46% and a negative return on equity of 0.90%. During the same quarter last year, the business earned ($0.07) earnings per share. On average, analysts expect that Enviri Co. will post -0.13 EPS for the current fiscal year.

Institutional Trading of Enviri

Several institutional investors have recently modified their holdings of the company. FMR LLC grew its holdings in Enviri by 34.4% during the third quarter. FMR LLC now owns 7,069 shares of the company’s stock worth $73,000 after acquiring an additional 1,809 shares during the period. Dark Forest Capital Management LP bought a new position in shares of Enviri during the 4th quarter valued at about $78,000. Envestnet Asset Management Inc. acquired a new position in shares of Enviri in the 4th quarter worth approximately $86,000. Point72 Asia Singapore Pte. Ltd. raised its holdings in shares of Enviri by 17.1% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,187 shares of the company’s stock worth $86,000 after purchasing an additional 1,631 shares in the last quarter. Finally, AXQ Capital LP acquired a new stake in Enviri during the fourth quarter valued at approximately $88,000. Institutional investors and hedge funds own 93.43% of the company’s stock.

Enviri Company Profile

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.