Enviri (NYSE:NVRI) CFO Peter Francis Minan Buys 2,946 Shares of Stock

Enviri Corporation (NYSE:NVRI) CFO Peter Francis Minan purchased 2,946 shares of the stock in a transaction dated Tuesday, August 18th. The stock was bought at an average cost of $20.27 per share, with a total value of $59,715.42. Following the completion of the purchase, the chief financial officer owned 97,505 shares in the company, valued at $1,976,426.35. The trade was a 3.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Peter Francis Minan also recently made the following trade(s):

• On Friday, June 5th, Peter Francis Minan acquired 8,333 shares of Enviri stock. The stock was purchased at an average price of $19.25 per share, with a total value of $160,410.25.

Enviri Stock Down 5.7%

NYSE NVRI opened at $19.72 on Wednesday. The stock’s 50-day moving average is $21.99 and its 200-day moving average is $20.13. Enviri Corporation has a one year low of $9.90 and a one year high of $24.20.

Enviri (NYSE:NVRI) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($0.63) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.32). The company had revenue of $324.00 million for the quarter, compared to analyst estimates of $370.97 million. The company’s quarterly revenue was down 66.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 earnings per share. On average, equities research analysts forecast that Enviri Corporation will post -1.55 EPS for the current year.

Enviri Announces Dividend

The business also recently declared a dividend, which was paid on Monday, June 1st. Investors of record on Friday, January 1st were given a dividend of $15.00 per share. The ex-dividend date of this dividend was Monday, June 1st.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on NVRI shares. BMO Capital Markets lifted their price target on Enviri from $21.00 to $24.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of Enviri to a “hold” rating in a research note on Saturday, June 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Enviri in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $24.50.

Institutional Investors Weigh In On Enviri

A number of large investors have recently bought and sold shares of NVRI. KBC Group NV acquired a new position in Enviri during the first quarter valued at approximately $31,000. Rockefeller Capital Management L.P. increased its stake in shares of Enviri by 204.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,882 shares of the company’s stock valued at $34,000 after purchasing an additional 1,264 shares during the last quarter. Torren Management LLC acquired a new position in shares of Enviri during the 4th quarter worth $37,000. State of Wyoming acquired a new position in shares of Enviri during the 2nd quarter worth $46,000. Finally, Advisory Services Network LLC bought a new stake in shares of Enviri during the 3rd quarter worth $27,000. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Enviri Company Profile

Enviri Inc (NYSE: NVRI) is a provider of environmental monitoring, data intelligence and sustainability solutions for critical infrastructure and industrial operations. The company integrates Internet of Things (IoT) sensor hardware, cloud-based analytics and field services to collect, process and visualize environmental data. Enviri’s platform supports real-time monitoring and historical trend analysis across water, air and wastewater streams to help clients meet regulatory requirements and manage environmental risk.

Enviri’s product suite includes ruggedized sensor networks, remote data loggers, automated sampling systems and a web-based analytics portal.