Arve Hanstveit Sells 11,582 Shares of Energy Recovery (NASDAQ:ERII) Stock

Key Points

• Director sale: Arve Hanstveit sold 11,582 shares on March 6 at an average $10.62 for ~$123,000 (after selling 38,418 shares on March 5), cutting his stake to 575,220 shares—a 1.97% ownership decrease.
• Earnings miss and guidance: Energy Recovery reported Q EPS of $0.53 versus $0.67 expected and revenue of $66.59M versus $82.59M, but set FY2026 guidance of $0.50–0.70 EPS; analysts' consensus is a "Moderate Buy" with an average $15 price target.
• Market action and valuation: ERII traded at $11.12 on heavy volume (1.76M vs. avg 538k), with a market cap of ~$587M, P/E of 25.86, and a 12‑month range of $9.59–$18.32.

Energy Recovery, Inc. (NASDAQ:ERII - Get Free Report) Director Arve Hanstveit sold 11,582 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $10.62, for a total transaction of $123,000.84. Following the completion of the sale, the director owned 575,220 shares in the company, valued at $6,108,836.40. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Arve Hanstveit also recently made the following trade(s):

• On Thursday, March 5th, Arve Hanstveit sold 38,418 shares of Energy Recovery stock. The shares were sold at an average price of $10.71, for a total transaction of $411,456.78.

Energy Recovery Stock Performance

NASDAQ ERII traded up $0.51 during trading hours on Monday, hitting $11.12. 1,759,548 shares of the company's stock were exchanged, compared to its average volume of 538,514. Energy Recovery, Inc. has a 12-month low of $9.59 and a 12-month high of $18.32. The business's 50 day moving average is $14.19 and its 200-day moving average is $14.74. The firm has a market capitalization of $587.47 million, a P/E ratio of 25.86 and a beta of 1.10.

Energy Recovery (NASDAQ:ERII - Get Free Report) last issued its earnings results on Wednesday, February 25th. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.14). The firm had revenue of $66.59 million for the quarter, compared to analysts' expectations of $82.59 million. Energy Recovery had a return on equity of 11.92% and a net margin of 17.01%.Energy Recovery has set its FY 2026 guidance at 0.500-0.700 EPS. As a group, equities research analysts anticipate that Energy Recovery, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Ratings Changes

ERII has been the topic of several recent research reports. Northcoast Research started coverage on shares of Energy Recovery in a research report on Friday. They issued a "buy" rating and a $14.00 price objective on the stock. Loop Capital set a $13.00 target price on Energy Recovery in a report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Energy Recovery in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $15.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ERII. Royal Bank of Canada lifted its holdings in Energy Recovery by 43.1% during the first quarter. Royal Bank of Canada now owns 16,257 shares of the industrial products company's stock worth $258,000 after acquiring an additional 4,899 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of Energy Recovery during the 1st quarter worth approximately $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Energy Recovery by 7.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,929 shares of the industrial products company's stock valued at $714,000 after buying an additional 3,185 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Energy Recovery by 10.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,038 shares of the industrial products company's stock valued at $3,274,000 after acquiring an additional 19,992 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Energy Recovery by 54.4% in the 1st quarter. Jane Street Group LLC now owns 122,369 shares of the industrial products company's stock valued at $1,944,000 after buying an additional 43,089 shares during the last quarter. Institutional investors and hedge funds own 83.58% of the company's stock.

About Energy Recovery

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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