Evoqua Water Technologies Corp. (NYSE:AQUA) CFO Benedict J. Stas sold 253,184 shares of the business’s stock in a transaction dated Friday, January 8th. The stock was sold at an average price of $29.58, for a total value of $7,489,182.72. Following the transaction, the chief financial officer now directly owns 429,994 shares of the company’s stock, valued at approximately $12,719,222.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

NYSE:AQUA opened at $30.00 on Thursday. The business has a 50 day moving average of $26.43 and a 200 day moving average of $22.65. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 31.92 and a beta of 1.92. Evoqua Water Technologies Corp. has a 1-year low of $7.09 and a 1-year high of $31.63. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.99 and a quick ratio of 1.58.

Evoqua Water Technologies (NYSE:AQUA) last released its earnings results on Tuesday, November 17th. The company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.08. The company had revenue of $383.86 million during the quarter, compared to the consensus estimate of $371.94 million. Evoqua Water Technologies had a return on equity of 16.23% and a net margin of 7.95%. As a group, sell-side analysts anticipate that Evoqua Water Technologies Corp. will post 0.57 EPS for the current year.

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its position in Evoqua Water Technologies by 5.7% in the third quarter. BlackRock Inc. now owns 7,335,264 shares of the company’s stock valued at $155,653,000 after purchasing an additional 393,120 shares during the last quarter. Swiss National Bank lifted its position in Evoqua Water Technologies by 1.8% in the third quarter. Swiss National Bank now owns 198,800 shares of the company’s stock valued at $4,219,000 after purchasing an additional 3,600 shares during the last quarter. ArrowMark Colorado Holdings LLC lifted its position in Evoqua Water Technologies by 36.9% in the third quarter. ArrowMark Colorado Holdings LLC now owns 371,000 shares of the company’s stock valued at $7,873,000 after purchasing an additional 100,000 shares during the last quarter. Manchester Capital Management LLC lifted its position in Evoqua Water Technologies by 32.6% in the second quarter. Manchester Capital Management LLC now owns 61,047 shares of the company’s stock valued at $1,135,000 after purchasing an additional 15,000 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its position in Evoqua Water Technologies by 11.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 111,000 shares of the company’s stock valued at $2,291,000 after purchasing an additional 11,000 shares during the last quarter. Hedge funds and other institutional investors own 73.45% of the company’s stock.

Several brokerages have recently commented on AQUA. Royal Bank of Canada boosted their price objective on Evoqua Water Technologies from $25.00 to $30.00 and gave the stock an “outperform” rating in a report on Wednesday, November 18th. BidaskClub raised Evoqua Water Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 9th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price objective on Evoqua Water Technologies from $25.00 to $27.00 in a report on Wednesday, November 18th. Credit Suisse Group boosted their price objective on Evoqua Water Technologies from $21.00 to $26.00 and gave the stock a “neutral” rating in a report on Wednesday, November 18th. Finally, Zacks Investment Research raised Evoqua Water Technologies from a “sell” rating to a “hold” rating in a report on Thursday, December 10th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $25.60.

Evoqua Water Technologies Company Profile

Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services for industrial, commercial, and municipal water treatment markets. It operates in two segments, Integrated Solutions and Services, and Applied Product Technologies.

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Insider Buying and Selling by Quarter for Evoqua Water Technologies (NYSE:AQUA)

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