Enviri (NYSE:NVRI) Director Carolann Haznedar Purchases 4,875 Shares

Enviri Corporation (NYSE:NVRI) Director Carolann Haznedar acquired 4,875 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were purchased at an average cost of $20.46 per share, with a total value of $99,742.50. Following the acquisition, the director owned 42,955 shares of the company’s stock, valued at approximately $878,859.30. This represents a 12.80% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Enviri Stock Performance

Shares of NYSE:NVRI traded down $1.19 during trading on Tuesday, reaching $19.72. The stock had a trading volume of 485,727 shares, compared to its average volume of 1,220,144. Enviri Corporation has a 52 week low of $9.90 and a 52 week high of $24.20. The business’s 50-day moving average price is $22.02 and its 200 day moving average price is $20.13.

Enviri (NYSE:NVRI) last announced its earnings results on Tuesday, August 11th. The company reported ($0.63) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.32). The firm had revenue of $324.00 million during the quarter, compared to analyst estimates of $370.97 million. Enviri’s quarterly revenue was down 66.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.22 earnings per share. As a group, sell-side analysts anticipate that Enviri Corporation will post -1.2 EPS for the current fiscal year.

Enviri Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, January 1st were paid a $15.00 dividend. The ex-dividend date was Monday, June 1st.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

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

About Enviri

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.