Enviri Target of Unusually High Options Trading (NYSE:NVRI)

Enviri Corporation (NYSE:NVRI) was the target of unusually large options trading activity on Thursday. Stock investors bought 3,178 call options on the company. This represents an increase of 133% compared to the average volume of 1,363 call options.

Insider Buying and Selling

In related news, SVP Jennifer Ott Kozak sold 9,692 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $18.18, for a total value of $176,200.56. Following the sale, the senior vice president directly owned 8,181 shares of the company’s stock, valued at approximately $148,730.58. The trade was a 54.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Enviri

A number of institutional investors have recently made changes to their positions in the company. Baird Financial Group Inc. bought a new position in shares of Enviri during the first quarter worth approximately $93,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Enviri by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,127 shares of the company’s stock valued at $313,000 after buying an additional 2,028 shares in the last quarter. Empowered Funds LLC increased its position in Enviri by 3.1% during the 1st quarter. Empowered Funds LLC now owns 396,638 shares of the company’s stock worth $2,638,000 after buying an additional 11,762 shares during the period. Jane Street Group LLC lifted its holdings in shares of Enviri by 116.0% during the first quarter. Jane Street Group LLC now owns 207,329 shares of the company’s stock worth $1,379,000 after buying an additional 111,359 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Enviri by 46.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,993 shares of the company’s stock worth $132,000 after buying an additional 4,774 shares in the last quarter. Institutional investors own 93.43% of the company’s stock.

Analysts Set New Price Targets

NVRI has been the topic of a number of research reports. Wall Street Zen upgraded Enviri from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Zacks Research raised Enviri to a “hold” rating in a research report on Tuesday, December 16th. CJS Securities raised Enviri to a “hold” rating in a research report on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Enviri in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Enviri has an average rating of “Reduce”.

Enviri Trading Down 0.7%

NVRI stock opened at $18.83 on Friday. Enviri has a one year low of $4.72 and a one year high of $19.32. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -9.05 and a beta of 1.78. The company has a fifty day moving average price of $17.83 and a two-hundred day moving average price of $13.48. The company has a debt-to-equity ratio of 3.71, a current ratio of 1.20 and a quick ratio of 0.90.

Enviri (NYSE:NVRI) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.03). The company had revenue of $574.82 million during the quarter, compared to the consensus estimate of $573.60 million. Enviri had a negative net margin of 7.42% and a negative return on equity of 9.80%. Enviri’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.01) earnings per share. Enviri has set its FY 2025 guidance at -0.740–0.620 EPS and its Q4 2025 guidance at -0.260–0.130 EPS. Equities analysts anticipate that Enviri will post -0.13 EPS for the current year.

Enviri Company Profile

Enviri Inc (NYSE: NVRI) is a provider of environmental monitoring, data intelligence and sustainability solutions for critical infrastructure and industrial operations. The company integrates Internet of Things (IoT) sensor hardware, cloud-based analytics and field services to collect, process and visualize environmental data. Enviri’s platform supports real-time monitoring and historical trend analysis across water, air and wastewater streams to help clients meet regulatory requirements and manage environmental risk.

Enviri’s product suite includes ruggedized sensor networks, remote data loggers, automated sampling systems and a web-based analytics portal.