Traders Purchase Large Volume of Enviri Call Options (NYSE:NVRI)

Enviri Corporation (NYSE:NVRI) was the recipient of unusually large options trading on Thursday. Stock traders purchased 3,178 call options on the company. This represents an increase of 133% compared to the average volume of 1,363 call options.

Enviri Stock Up 2.5%

NVRI stock traded up $0.47 during midday trading on Thursday, hitting $19.24. 270,979 shares of the company’s stock were exchanged, compared to its average volume of 1,035,898. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of -9.28 and a beta of 1.78. The firm has a 50 day moving average price of $17.61 and a 200-day moving average price of $13.37. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 3.71. Enviri has a 12-month low of $4.72 and a 12-month high of $19.25.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.08) earnings per share 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 analyst estimates of $573.60 million. During the same period last year, the business earned ($0.01) EPS. The firm’s revenue 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. On average, analysts anticipate that Enviri will post -0.13 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Enviri in a report on Wednesday, October 8th. Zacks Research raised Enviri to a “hold” rating in a report on Tuesday, December 16th. CJS Securities upgraded shares of Enviri to a “hold” rating in a research note on Thursday, December 11th. Finally, Wall Street Zen upgraded shares of Enviri from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Insiders Place Their Bets

In other Enviri news, SVP Jennifer Ott Kozak sold 9,692 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 8,181 shares of the company’s stock, valued at approximately $148,730.58. This represents a 54.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NVRI. 1060 Capital LLC bought a new stake in shares of Enviri during the second quarter worth $5,604,000. Dynamic Technology Lab Private Ltd acquired a new stake in Enviri in the 2nd quarter valued at approximately $166,000. State of Alaska Department of Revenue raised its holdings in Enviri by 7.7% during the second quarter. State of Alaska Department of Revenue now owns 47,902 shares of the company’s stock worth $415,000 after acquiring an additional 3,434 shares in the last quarter. Kathmere Capital Management LLC bought a new stake in Enviri in the second quarter valued at approximately $237,000. Finally, XTX Topco Ltd acquired a new position in shares of Enviri in the second quarter valued at approximately $860,000. Institutional investors own 93.43% of the company’s stock.

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.