Advisor Resource Council Trims Stock Position in Energy Services of America Co. (NASDAQ:ESOA)

Advisor Resource Council lowered its position in shares of Energy Services of America Co. (NASDAQ:ESOA) by 8.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,585 shares of the company’s stock after selling 1,005 shares during the period. Advisor Resource Council’s holdings in Energy Services of America were worth $110,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Energy Services of America by 32.5% during 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. Raffles Associates LP grew its stake in Energy Services of America by 22.6% in the 2nd quarter. Raffles Associates LP now owns 217,533 shares of the company’s stock worth $1,558,000 after buying an additional 40,142 shares in the last quarter. Renaissance Technologies LLC grew its stake in Energy Services of America by 12.8% in the 2nd quarter. Renaissance Technologies LLC now owns 203,892 shares of the company’s stock worth $1,460,000 after buying an additional 23,192 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Energy Services of America by 20.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 178,625 shares of the company’s stock worth $1,279,000 after buying an additional 30,694 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Energy Services of America by 257.5% in the 2nd quarter. American Century Companies Inc. now owns 117,124 shares of the company’s stock worth $839,000 after buying an additional 84,362 shares in the last quarter. Hedge funds and other institutional investors own 2.13% of the company’s stock.

Energy Services of America Stock Performance

Shares of ESOA opened at $12.32 on Friday. Energy Services of America Co. has a fifty-two week low of $3.46 and a fifty-two week high of $12.63. The firm has a 50 day moving average price of $10.26 and a 200-day moving average price of $8.43.

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

Insider Activity at Energy Services of America

In related news, Director Samuel G. Kapourales sold 50,000 shares of the company’s stock in a transaction 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 directly owns 714,191 shares in the company, valued at $7,213,329.10. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Energy Services of America news, 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 completion of the transaction, the director now directly owns 281,337 shares in the company, valued at approximately $3,038,439.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Samuel G. Kapourales sold 50,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $10.10, for a total transaction 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. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 160,576 shares of company stock worth $1,567,557 in the last three months. 44.68% of the stock is owned by insiders.

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.