Arve Hanstveit Sells 2,419 Shares of Energy Recovery (NASDAQ:ERII) Stock

Key Points

• Insider selling: Director Arve Hanstveit has sold multiple blocks of ERII stock — most recently 2,419 shares on April 6 at $10.29 and 165,292 shares on April 2 — leaving him with 382,509 shares (a 0.63% ownership decrease).
• Stock and results: ERII traded up to $10.72 (up 3.8%) but sits below its 50- and 200-day moving averages; the company missed Q4 estimates (EPS $0.53 vs. $0.67, revenue $66.6M vs. $82.6M) and set FY2026 guidance of $0.50–$0.70 EPS, while analysts hold a consensus Moderate Buy rating with a $15 price target.
• Institutional interest: Institutions own 83.58% of ERII, and several funds (RBC, Jacobs Levy, UBS, Jane Street, MIRAE) increased or established positions in the first quarter.

Energy Recovery, Inc. (NASDAQ:ERII - Get Free Report) Director Arve Hanstveit sold 2,419 shares of the firm's stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $10.29, for a total transaction of $24,891.51. Following the transaction, the director directly owned 382,509 shares in the company, valued at approximately $3,936,017.61. This represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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 shares were 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 shares were sold at an average price of $10.71, for a total transaction of $411,456.78.

Energy Recovery Trading Up 3.8%

ERII stock traded up $0.39 during mid-day trading on Wednesday, hitting $10.72. The stock had a trading volume of 713,585 shares, compared to its average volume of 633,107. Energy Recovery, Inc. has a 52 week low of $9.35 and a 52 week high of $18.32. The firm has a market capitalization of $566.33 million, a P/E ratio of 24.93 and a beta of 1.08. The firm has a fifty day simple moving average of $12.37 and a 200 day simple moving average of $14.05.

Energy Recovery (NASDAQ:ERII - Get Free Report) last released its earnings results 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). The firm had revenue of $66.59 million during the quarter, compared to the consensus estimate of $82.59 million. Energy Recovery had a net margin of 17.01% and a return on equity of 11.92%. Energy Recovery has set its FY 2026 guidance at 0.500-0.700 EPS. As a group, equities analysts expect that Energy Recovery, Inc. will post 0.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ERII. Royal Bank of Canada lifted its position in shares of Energy Recovery by 43.1% during the 1st quarter. Royal Bank of Canada now owns 16,257 shares of the industrial products company's stock valued at $258,000 after acquiring an additional 4,899 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in shares of Energy Recovery during the 1st quarter valued at $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Energy Recovery by 7.6% during 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 acquiring an additional 3,185 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Energy Recovery by 10.7% during the 1st 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 period. Finally, Jane Street Group LLC lifted its position in shares of Energy Recovery by 54.4% during 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 acquiring an additional 43,089 shares during the period. Institutional investors and hedge funds own 83.58% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ERII. Northcoast Research assumed coverage on shares of Energy Recovery in a report on Friday, March 6th. They set a "buy" rating and a $14.00 price target on the stock. Weiss Ratings reissued a "hold (c-)" rating on shares of Energy Recovery in a report on Monday, December 29th. Finally, Loop Capital set a $13.00 target price on shares of Energy Recovery in a report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $15.00.

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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