Aqua Metals Inc. (AQMS) Insider Stephen R. Clarke Purchases 20,000 Shares
Aqua Metals Inc. (NASDAQ:AQMS) insider Stephen R. Clarke purchased 20,000 shares of the business’s stock in a transaction on Wednesday, November 16th. The stock was bought at an average cost of $10.00 per share, with a total value of $200,000.00. Following the purchase, the insider now owns 1,028,637 shares in the company, valued at $10,286,370. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Aqua Metals Inc. (NASDAQ:AQMS) traded up 2.28% during trading on Monday, reaching $13.00. 423,990 shares of the company’s stock were exchanged. The company’s market cap is $202.51 million. The stock’s 50-day moving average is $9.68 and its 200-day moving average is $9.75. Aqua Metals Inc. has a 12-month low of $4.50 and a 12-month high of $13.54.
Aqua Metals (NASDAQ:AQMS) last issued its quarterly earnings data on Monday, November 7th. The company reported ($0.23) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by $0.04. Analysts predict that Aqua Metals Inc. will post ($0.80) EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of the company. AWM Investment Company Inc. boosted its position in shares of Aqua Metals by 13.8% in the third quarter. AWM Investment Company Inc. now owns 1,272,250 shares of the company’s stock valued at $11,272,000 after buying an additional 154,600 shares during the period. Mangrove Partners acquired a new position in shares of Aqua Metals during the third quarter valued at $1,190,000. KCG Holdings Inc. acquired a new position in shares of Aqua Metals during the third quarter valued at $106,000. Advisor Group Inc. boosted its position in shares of Aqua Metals by 2,361.6% in the third quarter. Advisor Group Inc. now owns 12,308 shares of the company’s stock valued at $107,000 after buying an additional 11,808 shares during the period. Finally, BlackRock Institutional Trust Company N.A. boosted its position in shares of Aqua Metals by 1.2% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 72,514 shares of the company’s stock valued at $642,000 after buying an additional 841 shares during the period. Hedge funds and other institutional investors own 19.62% of the company’s stock.
Separately, Zacks Investment Research cut shares of Aqua Metals from a “hold” rating to a “sell” rating in a research note on Thursday.
Aqua Metals Company Profile
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. AquaRefining process will provide for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining is a water-based ambient temperature process. The modular nature of AquaRefining makes it possible to start LAB recycling at a smaller scale than is possible with smelters.
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