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Emerge Energy Services (NASDAQ:EMES) CEO Richard J. Shearer unloaded 64,660 shares of the stock on the open market in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $105.24, for a total transaction of $6,804,818.40. Following the transaction, the chief executive officer now directly owns 103,166 shares of the company’s stock, valued at approximately $10,857,190. The sale was disclosed in a document filed with the SEC, which is available at this link.

Emerge Energy Services (NASDAQ:EMES) traded down 0.06% on Friday, hitting $102.08. 264,754 shares of the company’s stock traded hands. Emerge Energy Services has a 1-year low of $20.06 and a 1-year high of $116.99. The stock’s 50-day moving average is $96.7 and its 200-day moving average is $64.3. The company has a market cap of $2.412 billion and a P/E ratio of 77.44.

Emerge Energy Services (NASDAQ:EMES) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.12. On average, analysts predict that Emerge Energy Services will post $3.49 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on EMES shares. Analysts at Stifel Nicolaus raised their price target on shares of Emerge Energy Services from $85.00 to $120.00 in a research note on Thursday, June 19th. They now have a “buy” rating on the stock. Separately, analysts at Stifel raised their price target on shares of Emerge Energy Services from $85.00 to $120.00 in a research note on Thursday, June 19th. They now have a “buy” rating on the stock. Finally, analysts at Wunderlich initiated coverage on shares of Emerge Energy Services in a research note on Tuesday, June 3rd. They set a “buy” rating and a $120.00 price target on the stock. Eight analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of $96.84.

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