Select Energy Services Inc (NYSE:WTTR) CEO Holli C. Ladhani bought 29,388 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The stock was purchased at an average price of $13.87 per share, for a total transaction of $407,611.56. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of Select Energy Services Inc (WTTR) traded down $0.28 during mid-day trading on Wednesday, hitting $13.42. The stock had a trading volume of 395,893 shares, compared to its average volume of 420,787. The company has a current ratio of 2.84, a quick ratio of 2.83 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1,477.06 and a P/E ratio of -26.31. Select Energy Services Inc has a twelve month low of $11.22 and a twelve month high of $21.96.
Several hedge funds have recently made changes to their positions in the company. First Dallas Securities Inc. acquired a new position in Select Energy Services in the 4th quarter valued at $136,000. Strs Ohio raised its stake in Select Energy Services by 185.2% in the 4th quarter. Strs Ohio now owns 7,700 shares of the company’s stock valued at $140,000 after purchasing an additional 5,000 shares during the last quarter. New York State Common Retirement Fund acquired a new position in Select Energy Services in the 2nd quarter valued at $102,000. Metropolitan Life Insurance Co. NY acquired a new position in Select Energy Services in the 4th quarter valued at $176,000. Finally, Alliancebernstein L.P. acquired a new position in Select Energy Services in the 4th quarter valued at $201,000. 43.03% of the stock is owned by institutional investors and hedge funds.
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About Select Energy Services
Select Energy Services, Inc is a holding company. The Company is provider of total water solutions to the United States unconventional oil and gas industry. The Company is engaged in sourcing and transfer of water prior to its use in drilling and completion activities associated with hydraulic fracturing or fracking, which collectively referrd to as pre-frac water services.
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