Joseph Chalhoub Sells 15,000 Shares of Heritage-Crystal Clean Inc. (HCCI) Stock
Heritage-Crystal Clean Inc. (NASDAQ:HCCI) CEO Joseph Chalhoub sold 15,000 shares of the stock in a transaction that occurred on Friday, November 25th. The stock was sold at an average price of $16.00, for a total value of $240,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Joseph Chalhoub also recently made the following trade(s):
- On Wednesday, November 9th, Joseph Chalhoub sold 20,568 shares of Heritage-Crystal Clean stock. The shares were sold at an average price of $13.70, for a total value of $281,781.60.
Heritage-Crystal Clean Inc. (NASDAQ:HCCI) opened at 16.30 on Wednesday. The stock has a 50 day moving average price of $13.78 and a 200-day moving average price of $12.87. The stock’s market cap is $365.28 million. Heritage-Crystal Clean Inc. has a 1-year low of $7.19 and a 1-year high of $16.60.
Heritage-Crystal Clean (NASDAQ:HCCI) last posted its earnings results on Wednesday, October 19th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.09. The company earned $81.90 million during the quarter, compared to analyst estimates of $82.50 million. Heritage-Crystal Clean had a positive return on equity of 3.39% and a negative net margin of 0.03%. On average, equities analysts expect that Heritage-Crystal Clean Inc. will post $0.33 EPS for the current year.
COPYRIGHT VIOLATION NOTICE: This piece was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be read at https://www.thecerbatgem.com/2016/11/30/joseph-chalhoub-sells-15000-shares-of-heritage-crystal-clean-inc-hcci-stock.html.
Separately, Zacks Investment Research upgraded Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Monday, November 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $14.75.
Hedge funds have recently bought and sold shares of the company. Coe Capital Management LLC bought a new stake in Heritage-Crystal Clean during the second quarter worth $979,000. Teachers Advisors Inc. raised its stake in Heritage-Crystal Clean by 1.8% in the second quarter. Teachers Advisors Inc. now owns 19,037 shares of the company’s stock worth $232,000 after buying an additional 337 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in Heritage-Crystal Clean by 9.8% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 105,355 shares of the company’s stock worth $1,286,000 after buying an additional 9,439 shares in the last quarter. BlackRock Fund Advisors raised its stake in Heritage-Crystal Clean by 3.5% in the second quarter. BlackRock Fund Advisors now owns 333,750 shares of the company’s stock worth $4,075,000 after buying an additional 11,175 shares in the last quarter. Finally, BlackRock Investment Management LLC raised its stake in Heritage-Crystal Clean by 4.3% in the second quarter. BlackRock Investment Management LLC now owns 50,674 shares of the company’s stock worth $619,000 after buying an additional 2,105 shares in the last quarter. Institutional investors own 50.77% of the company’s stock.
Heritage-Crystal Clean Company Profile
Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.
Receive News & Stock Ratings for Heritage-Crystal Clean Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean Inc. and related stocks with our FREE daily email newsletter.