Energy Services of America Co. (NASDAQ:ESOA) Director Samuel G. Kapourales Sells 50,000 Shares

Energy Services of America Co. (NASDAQ:ESOA) Director Samuel G. Kapourales sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $10.10, for a total transaction of $505,000.00. Following the completion of the sale, the director now owns 714,191 shares of the company’s stock, valued at $7,213,329.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Energy Services of America Stock Performance

Energy Services of America stock opened at $10.00 on Thursday. Energy Services of America Co. has a 1 year low of $3.46 and a 1 year high of $11.16. The firm has a 50 day moving average price of $8.58 and a 200 day moving average price of $7.81.

Energy Services of America (NASDAQ:ESOA) last released its quarterly earnings data on Monday, August 12th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.27. The business had revenue of $85.92 million for the quarter, compared to analysts’ expectations of $91.23 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ESOA. Vanguard Group Inc. raised its holdings in Energy Services of America by 32.5% in the first quarter. Vanguard Group Inc. now owns 424,892 shares of the company’s stock valued at $3,505,000 after acquiring an additional 104,299 shares in the last quarter. CreativeOne Wealth LLC bought a new position in Energy Services of America during the 1st quarter worth $109,000. LSV Asset Management acquired a new stake in shares of Energy Services of America in the 1st quarter worth about $116,000. Ritholtz Wealth Management boosted its position in shares of Energy Services of America by 46.7% during the second quarter. Ritholtz Wealth Management now owns 60,878 shares of the company’s stock worth $436,000 after buying an additional 19,380 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in Energy Services of America during the 1st quarter valued at about $106,000. 2.13% of the stock is currently owned by hedge funds and other institutional investors.

About Energy Services of America

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.