Bard Associates Inc. cut its holdings in shares of Aqua Metals, Inc. (NASDAQ:AQMS) by 26.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,800 shares of the business services provider’s stock after selling 8,500 shares during the period. Bard Associates Inc. owned about 0.12% of Aqua Metals worth $299,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Mercantile Trust Co. acquired a new stake in Aqua Metals during the 2nd quarter worth approximately $126,000. American International Group Inc. boosted its position in Aqua Metals by 8.1% during the 1st quarter. American International Group Inc. now owns 6,678 shares of the business services provider’s stock worth $130,000 after buying an additional 499 shares during the period. Sigma Planning Corp acquired a new stake in Aqua Metals during the 2nd quarter worth approximately $150,000. CAPROCK Group Inc. acquired a new stake in Aqua Metals during the 2nd quarter worth approximately $164,000. Finally, Beech Hill Advisors Inc. acquired a new stake in Aqua Metals during the 2nd quarter worth approximately $194,000. Institutional investors and hedge funds own 42.63% of the company’s stock.

A number of research analysts have recently issued reports on AQMS shares. ValuEngine downgraded shares of Aqua Metals from a “hold” rating to a “sell” rating in a research report on Saturday, May 20th. Rodman & Renshaw started coverage on shares of Aqua Metals in a research report on Thursday, June 22nd. They issued a “buy” rating and a $25.00 price target on the stock. HC Wainwright started coverage on shares of Aqua Metals in a research report on Thursday, June 22nd. They issued a “buy” rating and a $25.00 price target on the stock. Finally, Zacks Investment Research upgraded shares of Aqua Metals from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Aqua Metals has a consensus rating of “Buy” and a consensus price target of $26.33.

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Aqua Metals, Inc. (AQMS) opened at 6.60 on Wednesday. Aqua Metals, Inc. has a 12 month low of $5.82 and a 12 month high of $18.39. The firm’s market cap is $133.09 million. The stock has a 50 day moving average of $6.38 and a 200-day moving average of $15.57.

Aqua Metals (NASDAQ:AQMS) last issued its earnings results on Wednesday, August 9th. The business services provider reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.10). The firm had revenue of $0.60 million for the quarter, compared to analysts’ expectations of $1.23 million. Equities research analysts predict that Aqua Metals, Inc. will post ($0.83) earnings per share for the current fiscal year.

About Aqua Metals

Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.

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Institutional Ownership by Quarter for Aqua Metals (NASDAQ:AQMS)

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