Enviri (NYSE:NVRI) SVP Sells $176,200.56 in Stock

Enviri Corporation (NYSE:NVRI) SVP Jennifer Ott Kozak sold 9,692 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $18.18, for a total transaction of $176,200.56. Following the transaction, the senior vice president owned 8,181 shares in the company, valued at $148,730.58. The trade was a 54.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Enviri Stock Down 0.6%

NVRI traded down $0.11 during mid-day trading on Tuesday, reaching $18.11. 1,599,992 shares of the stock were exchanged, compared to its average volume of 1,052,500. The company has a debt-to-equity ratio of 3.71, a quick ratio of 0.90 and a current ratio of 1.20. The company has a 50 day moving average price of $13.92 and a two-hundred day moving average price of $11.20. Enviri Corporation has a 1 year low of $4.72 and a 1 year high of $18.74. The stock has a market capitalization of $1.46 billion, a PE ratio of -8.71 and a beta of 1.77.

Enviri (NYSE:NVRI) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03). Enviri had a negative return on equity of 9.80% and a negative net margin of 7.42%.The firm had revenue of $574.82 million during the quarter, compared to the consensus estimate of $573.60 million. During the same period in the previous year, the company posted ($0.01) earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. Enviri has set its FY 2025 guidance at -0.740–0.620 EPS and its Q4 2025 guidance at -0.260–0.130 EPS. As a group, research analysts anticipate that Enviri Corporation will post -0.13 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Amalgamated Bank raised its position in shares of Enviri by 3.6% in the third quarter. Amalgamated Bank now owns 23,636 shares of the company’s stock worth $300,000 after buying an additional 825 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Enviri by 0.5% in the 2nd quarter. Rhumbline Advisers now owns 238,076 shares of the company’s stock valued at $2,066,000 after acquiring an additional 1,150 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Enviri by 7.8% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,667 shares of the company’s stock valued at $179,000 after acquiring an additional 1,490 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Enviri by 14.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,640 shares of the company’s stock valued at $110,000 after acquiring an additional 1,554 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Enviri by 10.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,548 shares of the company’s stock worth $195,000 after purchasing an additional 1,555 shares in the last quarter. 93.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on NVRI shares. Wall Street Zen raised Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Enviri in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Enviri

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.