Energy Services of America Co. (NASDAQ:ESOA) Director Sells $505,000.00 in Stock

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

Energy Services of America Price Performance

Shares of NASDAQ:ESOA opened at $10.00 on Thursday. The company’s 50 day moving average is $8.58 and its two-hundred day moving average is $7.81. Energy Services of America Co. has a 52 week low of $3.46 and a 52 week high of $11.16.

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

Institutional Investors Weigh In On Energy Services of America

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC grew its position in Energy Services of America by 7.6% during the 1st quarter. Acadian Asset Management LLC now owns 65,755 shares of the company’s stock worth $541,000 after purchasing an additional 4,641 shares during the last quarter. Thompson Davis & CO. Inc. lifted its stake in shares of Energy Services of America by 0.6% in the first quarter. Thompson Davis & CO. Inc. now owns 1,333,725 shares of the company’s stock valued at $11,003,000 after purchasing an additional 7,451 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Energy Services of America in the first quarter valued at about $106,000. CreativeOne Wealth LLC acquired a new position in Energy Services of America during the first quarter worth about $109,000. Finally, LSV Asset Management acquired a new position in Energy Services of America during the first quarter worth about $116,000. 2.13% of the stock is currently owned by institutional investors and hedge funds.

Energy Services of America Company 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.