Enviri Co. (NYSE:NVRI) SVP Russell C. Hochman Purchases 40,127 Shares

Enviri Co. (NYSE:NVRI - Get Free Report) SVP Russell C. Hochman bought 40,127 shares of the company's stock in a transaction on Friday, March 14th. The stock was purchased at an average price of $6.27 per share, with a total value of $251,596.29. Following the completion of the transaction, the senior vice president now directly owns 120,357 shares of the company's stock, valued at approximately $754,638.39. The trade was a 50.01 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Enviri Trading Up 0.2 %

Shares of NVRI traded up $0.02 during mid-day trading on Friday, reaching $6.78. 4,280,687 shares of the company were exchanged, compared to its average volume of 596,587. Enviri Co. has a 52 week low of $5.67 and a 52 week high of $12.79. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.99 and a current ratio of 1.25. The stock has a market capitalization of $543.44 million, a PE ratio of -4.26 and a beta of 2.19. The business has a 50 day simple moving average of $7.96 and a two-hundred day simple moving average of $8.48.

Enviri (NYSE:NVRI - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.05. Enviri had a negative return on equity of 0.90% and a negative net margin of 5.46%. The company had revenue of $558.71 million during the quarter, compared to the consensus estimate of $578.98 million. During the same period last year, the company earned ($0.07) earnings per share. On average, analysts predict that Enviri Co. will post -0.13 earnings per share for the current fiscal year.

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Institutional Investors Weigh In On Enviri

A number of hedge funds have recently added to or reduced their stakes in the business. D. E. Shaw & Co. Inc. increased its holdings in Enviri by 30.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,825,488 shares of the company's stock worth $37,156,000 after purchasing an additional 1,127,647 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in Enviri by 3.4% in the fourth quarter. Neuberger Berman Group LLC now owns 4,746,964 shares of the company's stock worth $36,530,000 after purchasing an additional 155,146 shares in the last quarter. Paradigm Capital Management Inc. NY grew its stake in Enviri by 14.4% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 4,475,900 shares of the company's stock valued at $34,464,000 after acquiring an additional 563,100 shares during the period. Dimensional Fund Advisors LP grew its stake in Enviri by 4.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,468,989 shares of the company's stock valued at $34,411,000 after acquiring an additional 191,777 shares during the period. Finally, State Street Corp grew its stake in Enviri by 0.5% in the third quarter. State Street Corp now owns 2,988,970 shares of the company's stock valued at $30,906,000 after acquiring an additional 13,902 shares during the period. 93.43% of the stock is currently owned by institutional investors.

Enviri Company Profile

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.