Coppell Advisory Solutions LLC Has $1.83 Million Stock Position in Clean Energy Fuels Corp. (NASDAQ:CLNE)

Coppell Advisory Solutions LLC increased its holdings in Clean Energy Fuels Corp. (NASDAQ:CLNE - Free Report) by 1,635.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 734,640 shares of the utilities provider's stock after purchasing an additional 692,318 shares during the period. Coppell Advisory Solutions LLC owned approximately 0.33% of Clean Energy Fuels worth $1,829,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CLNE. Tower Research Capital LLC TRC boosted its stake in shares of Clean Energy Fuels by 56.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 13,584 shares of the utilities provider's stock worth $34,000 after acquiring an additional 4,894 shares in the last quarter. Cibc World Markets Corp bought a new stake in Clean Energy Fuels during the fourth quarter worth approximately $40,000. Versor Investments LP acquired a new position in Clean Energy Fuels during the fourth quarter valued at approximately $45,000. Grassi Investment Management raised its position in shares of Clean Energy Fuels by 74.1% in the fourth quarter. Grassi Investment Management now owns 23,500 shares of the utilities provider's stock valued at $59,000 after purchasing an additional 10,000 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Clean Energy Fuels in the fourth quarter worth $63,000. 49.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Raymond James reiterated a "strong-buy" rating and issued a $4.00 target price (down from $5.00) on shares of Clean Energy Fuels in a research note on Tuesday, February 25th. StockNews.com lowered Clean Energy Fuels from a "hold" rating to a "sell" rating in a research note on Wednesday, February 26th. UBS Group set a $2.00 target price on Clean Energy Fuels and gave the company a "buy" rating in a research note on Sunday, April 13th. Finally, Scotiabank dropped their price target on Clean Energy Fuels from $6.00 to $4.00 and set a "sector outperform" rating on the stock in a research report on Friday, April 11th.

Insider Buying and Selling

In other Clean Energy Fuels news, CFO Robert M. Vreeland acquired 15,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was bought at an average price of $1.94 per share, for a total transaction of $29,100.00. Following the purchase, the chief financial officer now owns 458,800 shares in the company, valued at $890,072. This represents a 3.38 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders bought a total of 35,000 shares of company stock valued at $64,100 over the last ninety days. 3.60% of the stock is owned by company insiders.

Clean Energy Fuels Stock Up 6.0 %

Shares of CLNE opened at $1.42 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.74 and a current ratio of 3.06. The company has a 50-day simple moving average of $1.83 and a 200-day simple moving average of $2.54. Clean Energy Fuels Corp. has a 52 week low of $1.30 and a 52 week high of $3.67. The firm has a market capitalization of $318.03 million, a P/E ratio of -4.58 and a beta of 2.48.

Clean Energy Fuels (NASDAQ:CLNE - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The utilities provider reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.04. Clean Energy Fuels had a negative return on equity of 7.59% and a negative net margin of 17.32%. The firm had revenue of $109.33 million during the quarter, compared to analysts' expectations of $102.60 million. During the same quarter in the prior year, the firm posted $0.01 EPS. On average, equities research analysts expect that Clean Energy Fuels Corp. will post -0.33 earnings per share for the current year.

Clean Energy Fuels Company Profile

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.

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