Tetra Technologies (NYSE:TTI) Director Angela John Acquires 10,000 Shares of Stock

Tetra Technologies, Inc. (NYSE:TTIGet Free Report) Director Angela John purchased 10,000 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average price of $6.50 per share, with a total value of $65,000.00. Following the completion of the acquisition, the director directly owned 97,434 shares of the company’s stock, valued at approximately $633,321. This represents a 11.44% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Tetra Technologies Stock Up 1.9%

Shares of TTI opened at $6.66 on Thursday. The stock has a market capitalization of $985.43 million, a price-to-earnings ratio of 166.42 and a beta of 1.23. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.76 and a current ratio of 2.46. The stock has a fifty day moving average of $8.50 and a 200-day moving average of $9.15. Tetra Technologies, Inc. has a 52 week low of $4.61 and a 52 week high of $12.54.

Tetra Technologies (NYSE:TTIGet Free Report) last issued its quarterly earnings data on Monday, August 3rd. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $185.66 million during the quarter, compared to analyst estimates of $176.16 million. Tetra Technologies had a net margin of 0.97% and a return on equity of 9.11%. During the same quarter last year, the business earned $0.08 EPS. As a group, sell-side analysts anticipate that Tetra Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

More Tetra Technologies News

Here are the key news stories impacting Tetra Technologies this week:

  • Positive Sentiment: Director Angela D. John purchased 10,000 TTI shares for approximately $65,000 at an average price of $6.50, increasing her direct ownership by 11.44% to 97,434 shares. The insider buying may support investor confidence by suggesting that a company director views the recent share-price weakness as an attractive entry point. SEC insider transaction filing
  • Positive Sentiment: TETRA announced that CEO Brady Murphy and Treasurer and Vice President of Investor Relations Kurt Hallead will meet institutional investors at the Barclays Energy-Power Conference on September 9 and the Jefferies Renewables, Clean Energy and E&C Conference on September 10. These events could provide opportunities for management to reinforce its outlook and highlight growth initiatives. TETRA Technologies investor conference announcement
  • Neutral Sentiment: An analyst roundup reviewed Tetra Technologies alongside other industrial-goods companies, but the available report details do not indicate a specific new rating, price-target change, or material company announcement for TTI. Analysts offer insights on Tetra Technologies
  • Negative Sentiment: Northland Securities reduced its Tetra Technologies EPS forecasts for FY2026 to $0.23 from $0.24 and cut estimates for the first three quarters of 2027: Q1 to $0.04 from $0.06, Q2 to $0.09 from $0.11, and Q3 to $0.05 from $0.08. The revisions point to softer anticipated profitability and remain below the current full-year consensus estimate of $0.26 per share, creating pressure on the stock’s earnings outlook. Tetra Technologies analyst estimates

Wall Street Analysts Forecast Growth

TTI has been the subject of a number of research reports. Northland Securities set a $10.00 price target on shares of Tetra Technologies in a report on Tuesday. Weiss Ratings lowered Tetra Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $11.50.

Get Our Latest Report on TTI

Institutional Investors Weigh In On Tetra Technologies

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Tetra Technologies in the 2nd quarter worth approximately $138,491,000. Vanguard Group Inc. increased its stake in Tetra Technologies by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 8,456,975 shares of the oil and gas company’s stock worth $48,628,000 after acquiring an additional 174,028 shares during the last quarter. Rubric Capital Management LP purchased a new position in Tetra Technologies in the 3rd quarter worth approximately $26,046,000. Dimensional Fund Advisors LP increased its holdings in shares of Tetra Technologies by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,419,796 shares of the oil and gas company’s stock worth $25,414,000 after buying an additional 72,338 shares during the last quarter. Finally, State Street Corp raised its position in shares of Tetra Technologies by 11.2% during the 4th quarter. State Street Corp now owns 3,472,939 shares of the oil and gas company’s stock valued at $32,541,000 after buying an additional 350,051 shares in the last quarter. Hedge funds and other institutional investors own 70.19% of the company’s stock.

About Tetra Technologies

(Get Free Report)

Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.

See Also

Receive News & Ratings for Tetra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tetra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.