Ritholtz Wealth Management Buys 19,380 Shares of Energy Services of America Co. (NASDAQ:ESOA)

Ritholtz Wealth Management increased its position in Energy Services of America Co. (NASDAQ:ESOA) by 46.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,878 shares of the company’s stock after purchasing an additional 19,380 shares during the period. Ritholtz Wealth Management’s holdings in Energy Services of America were worth $436,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. M. Kulyk & Associates LLC purchased a new position in Energy Services of America in the fourth quarter worth about $62,000. Quadrature Capital Ltd purchased a new position in Energy Services of America in the 1st quarter worth approximately $106,000. CreativeOne Wealth LLC bought a new position in Energy Services of America in the 1st quarter valued at approximately $109,000. LSV Asset Management purchased a new stake in Energy Services of America during the 1st quarter valued at $116,000. Finally, Advisor Resource Council bought a new stake in shares of Energy Services of America in the 1st quarter worth $126,000. 2.13% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Energy Services of America

In other Energy Services of America news, Director Frank S. Lucente sold 5,000 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $10.30, for a total transaction of $51,500.00. Following the completion of the sale, the director now directly owns 287,137 shares in the company, valued at approximately $2,957,511.10. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Frank S. Lucente sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $10.30, for a total value of $51,500.00. Following the transaction, the director now directly owns 287,137 shares in the company, valued at approximately $2,957,511.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Frank S. Lucente sold 3,000 shares of the company’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $10.80, for a total value of $32,400.00. Following the sale, the director now owns 281,337 shares of the company’s stock, valued at approximately $3,038,439.60. The disclosure for this sale can be found here. Insiders have sold a total of 85,576 shares of company stock worth $805,057 over the last quarter. Company insiders own 44.68% of the company’s stock.

Energy Services of America Stock Down 2.4 %

Shares of NASDAQ:ESOA opened at $9.49 on Thursday. Energy Services of America Co. has a 1 year low of $3.46 and a 1 year high of $11.16. The stock’s fifty day moving average price is $8.02 and its 200-day moving average price is $7.65.

Energy Services of America (NASDAQ:ESOA) last posted its earnings results on Monday, August 12th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.27. The company had revenue of $85.92 million for the quarter, compared to the consensus estimate of $91.23 million.

Energy Services of America Profile

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.