AquaVenture Holdings Ltd (NYSE:WAAS) Director Evan Lovell sold 5,203 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $19.01, for a total value of $98,909.03. Following the completion of the transaction, the director now owns 7,617 shares in the company, valued at $144,799.17. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Evan Lovell also recently made the following trade(s):
- On Wednesday, March 20th, Evan Lovell sold 2,200 shares of AquaVenture stock. The stock was sold at an average price of $19.19, for a total value of $42,218.00.
WAAS stock traded up $0.37 during midday trading on Friday, hitting $19.69. 18,827 shares of the company’s stock were exchanged, compared to its average volume of 64,646. The company has a quick ratio of 2.12, a current ratio of 2.48 and a debt-to-equity ratio of 0.93. AquaVenture Holdings Ltd has a 12-month low of $13.64 and a 12-month high of $23.35. The company has a market capitalization of $530.33 million, a PE ratio of -25.24 and a beta of 0.76.
WAAS has been the topic of several analyst reports. ValuEngine upgraded AquaVenture from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 6th. Citigroup set a $26.00 target price on AquaVenture and gave the company a “buy” rating in a report on Thursday, February 28th. Finally, Zacks Investment Research downgraded AquaVenture from a “buy” rating to a “hold” rating in a report on Friday, March 29th. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $25.75.
Several institutional investors and hedge funds have recently modified their holdings of WAAS. Monarch Partners Asset Management LLC grew its position in shares of AquaVenture by 530.3% in the 4th quarter. Monarch Partners Asset Management LLC now owns 256,294 shares of the company’s stock worth $4,841,000 after acquiring an additional 215,629 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of AquaVenture by 61.5% in the 3rd quarter. Renaissance Technologies LLC now owns 373,100 shares of the company’s stock worth $6,742,000 after acquiring an additional 142,100 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of AquaVenture by 176.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 202,670 shares of the company’s stock worth $3,662,000 after acquiring an additional 129,237 shares in the last quarter. Handelsbanken Fonder AB grew its position in shares of AquaVenture by 27.1% in the 4th quarter. Handelsbanken Fonder AB now owns 571,933 shares of the company’s stock worth $10,804,000 after acquiring an additional 121,933 shares in the last quarter. Finally, Handelsinvest Investeringsforvaltning acquired a new position in shares of AquaVenture in the 4th quarter worth approximately $1,737,000. Institutional investors own 34.13% of the company’s stock.
AquaVenture Company Profile
AquaVenture Holdings Ltd. engages in the provision of water purification services. It operates through Seven Seas Water and Quench segments. The Seven Seas Water segment delivers treated bulk water to governmental, municipal, industrial, and hospitality customers. The Quench segment focuses in the rental and servicing of POU water filtration systems and related equipment, such as ice and sparkling water machines, and from the contracted maintenance of customer-owned equipment.
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