Clean Harbors, Inc. (NYSE:CLH) COO Eric W. Gerstenberg sold 4,667 shares of the company’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $50.42, for a total value of $235,310.14. Following the completion of the transaction, the chief operating officer now owns 91,950 shares of the company’s stock, valued at $4,636,119. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of Clean Harbors, Inc. (CLH) opened at 51.39 on Monday. The stock has a 50 day moving average price of $54.18 and a 200-day moving average price of $56.15. Clean Harbors, Inc. has a 1-year low of $43.03 and a 1-year high of $61.62. The company’s market cap is $2.94 billion.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.03. Clean Harbors had a negative net margin of 0.65% and a positive return on equity of 0.79%. The firm had revenue of $752.80 million during the quarter, compared to analysts’ expectations of $735.63 million. During the same period last year, the company earned $0.15 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Equities research analysts forecast that Clean Harbors, Inc. will post $0.67 earnings per share for the current year.

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Several hedge funds have recently bought and sold shares of the stock. Capstone Asset Management Co. boosted its stake in Clean Harbors by 7.2% in the first quarter. Capstone Asset Management Co. now owns 4,749 shares of the business services provider’s stock valued at $264,000 after buying an additional 320 shares during the period. Louisiana State Employees Retirement System boosted its stake in Clean Harbors by 2.3% in the first quarter. Louisiana State Employees Retirement System now owns 13,200 shares of the business services provider’s stock valued at $734,000 after buying an additional 300 shares during the period. Nationwide Fund Advisors boosted its stake in Clean Harbors by 49.6% in the first quarter. Nationwide Fund Advisors now owns 157,918 shares of the business services provider’s stock valued at $8,783,000 after buying an additional 52,356 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in Clean Harbors by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 18,435 shares of the business services provider’s stock valued at $1,025,000 after buying an additional 300 shares during the period. Finally, Great West Life Assurance Co. Can boosted its stake in Clean Harbors by 4.9% in the first quarter. Great West Life Assurance Co. Can now owns 31,865 shares of the business services provider’s stock valued at $1,770,000 after buying an additional 1,485 shares during the period. 94.06% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on the company. ValuEngine upgraded Clean Harbors from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research cut Clean Harbors from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. KeyCorp upped their price objective on Clean Harbors from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Tuesday, May 23rd. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 price objective on shares of Clean Harbors in a report on Wednesday, July 19th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $66.00 price objective on shares of Clean Harbors in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $62.30.

About Clean Harbors

Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.

Insider Buying and Selling by Quarter for Clean Harbors (NYSE:CLH)

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