Aegion Corp (NASDAQ:AEGN) EVP David F. Morris sold 9,239 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $28.05, for a total value of $259,153.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of Aegion Corp (AEGN) traded down $0.38 during trading hours on Friday, hitting $27.25. The stock had a trading volume of 167,637 shares, compared to its average volume of 210,112. Aegion Corp has a 12-month low of $19.11 and a 12-month high of $28.19. The firm has a market capitalization of $898.72, a price-to-earnings ratio of 21.59, a PEG ratio of 2.05 and a beta of 1.76. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.36 and a quick ratio of 2.09.

Aegion (NASDAQ:AEGN) last announced its quarterly earnings data on Wednesday, November 1st. The construction company reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.06. Aegion had a positive return on equity of 7.62% and a negative net margin of 3.03%. The firm had revenue of $341.87 million for the quarter, compared to the consensus estimate of $328.98 million. During the same quarter last year, the business posted $0.32 earnings per share. The firm’s revenue was up 10.8% compared to the same quarter last year. analysts forecast that Aegion Corp will post 1.08 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the stock. NGAM Advisors L.P. lifted its position in Aegion by 1.2% during the second quarter. NGAM Advisors L.P. now owns 11,569 shares of the construction company’s stock worth $253,000 after buying an additional 140 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Aegion by 10.1% during the second quarter. Public Employees Retirement System of Ohio now owns 4,643 shares of the construction company’s stock worth $102,000 after buying an additional 426 shares in the last quarter. Security National Bank of Sioux City Iowa IA lifted its position in Aegion by 1.3% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 61,021 shares of the construction company’s stock worth $1,335,000 after buying an additional 795 shares in the last quarter. Advisor Group Inc. lifted its position in Aegion by 7.7% during the second quarter. Advisor Group Inc. now owns 14,000 shares of the construction company’s stock worth $306,000 after buying an additional 1,000 shares in the last quarter. Finally, Security National Bank of SO Dak lifted its position in Aegion by 2.3% during the second quarter. Security National Bank of SO Dak now owns 48,882 shares of the construction company’s stock worth $1,069,000 after buying an additional 1,090 shares in the last quarter. Hedge funds and other institutional investors own 92.98% of the company’s stock.

Several brokerages have commented on AEGN. Zacks Investment Research raised Aegion from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. TheStreet lowered Aegion from a “b-” rating to a “c” rating in a report on Thursday, November 2nd. Canaccord Genuity lifted their price target on Aegion from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Craig Hallum lowered Aegion from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, ValuEngine raised Aegion from a “hold” rating to a “buy” rating in a research note on Tuesday, September 12th. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $25.50.

TRADEMARK VIOLATION NOTICE: “Aegion Corp (AEGN) EVP David F. Morris Sells 9,239 Shares of Stock” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/12/02/aegion-corp-aegn-evp-david-f-morris-sells-9239-shares-of-stock.html.

About Aegion

Aegion Corporation (Aegion) is engaged in providing infrastructure protection and maintenance. The Company operates through three segments: Infrastructure Solutions, Corrosion Protection and Energy Services. The Company offers service solutions, including rehabilitation of water and wastewater pipelines with Insituform cured-in-place pipe (CIPP) products; fusible polyvinyl chloride products for rehabilitation; fiber reinforced polymer systems for rehabilitation and strengthening; cathodic protection for corrosion engineering control and infrastructure rehabilitation; pipe coatings for corrosion control and prevention; high density polyethylene (HDPE) pipe lining for corrosion control, abrasion protection and pipeline rehabilitation, and construction and maintenance of oil and gas facilities.

Receive News & Stock Ratings for Aegion Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegion Corp and related stocks with our FREE daily email newsletter.