Essex Investment Management Co. LLC Has $225,000 Stock Holdings in Energy Services of America Co. (NASDAQ:ESOA)

Essex Investment Management Co. LLC decreased its stake in shares of Energy Services of America Co. (NASDAQ:ESOA) by 10.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,832 shares of the company’s stock after selling 2,058 shares during the period. Essex Investment Management Co. LLC’s holdings in Energy Services of America were worth $225,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ESOA. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Energy Services of America during the fourth quarter worth approximately $140,000. Verdence Capital Advisors LLC bought a new position in Energy Services of America in the 4th quarter worth approximately $821,000. Bank of New York Mellon Corp acquired a new position in Energy Services of America during the 4th quarter worth $1,318,000. Navellier & Associates Inc. increased its stake in shares of Energy Services of America by 4.2% in the 4th quarter. Navellier & Associates Inc. now owns 34,000 shares of the company’s stock valued at $429,000 after buying an additional 1,382 shares during the period. Finally, Nkcfo LLC acquired a new stake in shares of Energy Services of America in the 4th quarter valued at $316,000. Institutional investors own 2.13% of the company’s stock.

Energy Services of America Price Performance

Shares of ESOA opened at $9.89 on Monday. The stock’s fifty day simple moving average is $11.45 and its 200-day simple moving average is $11.87. Energy Services of America Co. has a 12-month low of $5.70 and a 12-month high of $19.83.

Energy Services of America (NASDAQ:ESOA) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.05).

Insider Buying and Selling

In related news, Director Mark Prince bought 21,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was bought at an average cost of $10.96 per share, for a total transaction of $230,160.00. Following the transaction, the director now owns 100,071 shares of the company’s stock, valued at $1,096,778.16. This represents a 26.56 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marshall T. Reynolds sold 34,713 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $16.04, for a total transaction of $556,796.52. Following the completion of the sale, the director now owns 1,525,373 shares in the company, valued at $24,466,982.92. This represents a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.68% of the stock is currently owned by insiders.

Energy Services of America Profile

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.