Clean Energy Fuels Corp. (NASDAQ:CLNE) CEO Andrew J. Littlefair bought 43,000 shares of Clean Energy Fuels Corp. stock in a transaction that occurred on Monday, August 7th. The stock was bought at an average cost of $2.29 per share, for a total transaction of $98,470.00. Following the purchase, the chief executive officer now owns 1,355,167 shares in the company, valued at approximately $3,103,332.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Clean Energy Fuels Corp. (CLNE) traded down 0.622% on Monday, hitting $2.395. The company’s stock had a trading volume of 2,616,846 shares. Clean Energy Fuels Corp. has a 52 week low of $2.18 and a 52 week high of $4.80. The stock’s 50 day moving average is $2.66 and its 200-day moving average is $2.56. The company has a market cap of $360.44 million, a price-to-earnings ratio of 6.902 and a beta of 1.87.

Clean Energy Fuels Corp. (NASDAQ:CLNE) last posted its quarterly earnings data on Thursday, August 3rd. The utilities provider reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. Clean Energy Fuels Corp. had a net margin of 7.24% and a return on equity of 5.14%. The firm had revenue of $81 million during the quarter, compared to analyst estimates of $86.97 million. During the same quarter last year, the business posted $0.03 EPS. The company’s revenue was down 25.0% on a year-over-year basis. On average, equities research analysts anticipate that Clean Energy Fuels Corp. will post $0.00 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Clean Energy Fuels Corp. by 8.2% in the first quarter. Vanguard Group Inc. now owns 9,626,214 shares of the utilities provider’s stock worth $24,547,000 after buying an additional 728,727 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Clean Energy Fuels Corp. by 26.5% in the first quarter. Dimensional Fund Advisors LP now owns 4,938,763 shares of the utilities provider’s stock worth $12,594,000 after buying an additional 1,034,552 shares in the last quarter. State Street Corp raised its position in Clean Energy Fuels Corp. by 38.4% in the fourth quarter. State Street Corp now owns 3,968,696 shares of the utilities provider’s stock worth $11,344,000 after buying an additional 1,100,253 shares in the last quarter. American Century Companies Inc. raised its position in Clean Energy Fuels Corp. by 35.4% in the first quarter. American Century Companies Inc. now owns 1,662,723 shares of the utilities provider’s stock worth $4,240,000 after buying an additional 434,280 shares in the last quarter. Finally, Teachers Advisors LLC raised its position in Clean Energy Fuels Corp. by 11.2% in the first quarter. Teachers Advisors LLC now owns 897,022 shares of the utilities provider’s stock worth $2,287,000 after buying an additional 90,696 shares in the last quarter. 33.38% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on CLNE shares. Zacks Investment Research raised Clean Energy Fuels Corp. from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a research note on Monday, July 17th. BidaskClub lowered Clean Energy Fuels Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine lowered Clean Energy Fuels Corp. from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Clean Energy Fuels Corp. presently has a consensus rating of “Hold” and an average target price of $5.03.

About Clean Energy Fuels Corp.

Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation and maintenance (O&M) services for natural gas fueling stations.

Insider Buying and Selling by Quarter for Clean Energy Fuels Corp. (NASDAQ:CLNE)

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