Clean Energy Fuels Corp. (NASDAQ:CLNE) CFO Robert M. Vreeland bought 11,500 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The stock was acquired at an average cost of $2.32 per share, with a total value of $26,680.00. Following the transaction, the chief financial officer now owns 170,654 shares of the company’s stock, valued at approximately $395,917.28. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Clean Energy Fuels Corp. (CLNE) opened at 2.33 on Monday. The company has a market cap of $351.62 million, a P/E ratio of 12.66 and a beta of 1.87. Clean Energy Fuels Corp. has a 52-week low of $2.18 and a 52-week high of $4.80. The company has a 50-day moving average of $2.65 and a 200-day moving average of $2.54.

Clean Energy Fuels Corp. (NASDAQ:CLNE) last posted its earnings results on Thursday, August 3rd. The utilities provider reported ($0.10) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. Clean Energy Fuels Corp. had a net margin of 7.24% and a return on equity of 5.14%. The firm had revenue of $81 million during the quarter, compared to analyst estimates of $86.97 million. During the same quarter in the prior year, the business posted $0.03 EPS. The business’s revenue was down 25.0% compared to the same quarter last year. On average, equities research analysts expect that Clean Energy Fuels Corp. will post $0.03 earnings per share for the current fiscal year.

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A number of research analysts recently weighed in on CLNE shares. Zacks Investment Research raised shares of Clean Energy Fuels Corp. from a “hold” rating to a “strong-buy” rating and set a $3.00 target price for the company in a research report on Tuesday, May 9th. ValuEngine downgraded shares of Clean Energy Fuels Corp. from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub raised shares of Clean Energy Fuels Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $4.53.

Institutional investors have recently bought and sold shares of the stock. Everett Harris & Co. CA raised its position in Clean Energy Fuels Corp. by 292.7% in the first quarter. Everett Harris & Co. CA now owns 40,250 shares of the utilities provider’s stock valued at $103,000 after buying an additional 30,000 shares during the last quarter. Brave Asset Management Inc. raised its position in Clean Energy Fuels Corp. by 19.2% in the second quarter. Brave Asset Management Inc. now owns 43,500 shares of the utilities provider’s stock valued at $110,000 after buying an additional 7,000 shares during the last quarter. KBC Group NV bought a new position in Clean Energy Fuels Corp. during the first quarter valued at $126,000. American International Group Inc. raised its position in Clean Energy Fuels Corp. by 7.7% in the first quarter. American International Group Inc. now owns 54,273 shares of the utilities provider’s stock valued at $138,000 after buying an additional 3,864 shares during the last quarter. Finally, Voya Investment Management LLC raised its position in Clean Energy Fuels Corp. by 44.0% in the second quarter. Voya Investment Management LLC now owns 54,979 shares of the utilities provider’s stock valued at $140,000 after buying an additional 16,808 shares during the last quarter. Institutional investors own 33.05% of the company’s stock.

Clean Energy Fuels Corp. Company Profile

Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation and maintenance (O&M) services for natural gas fueling stations.

Insider Buying and Selling by Quarter for Clean Energy Fuels Corp. (NASDAQ:CLNE)

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