Huntington National Bank Increases Stock Position in Energy Services of America Co. (NASDAQ:ESOA)

Huntington National Bank raised its holdings in shares of Energy Services of America Co. (NASDAQ:ESOA) by 15.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 376,788 shares of the company’s stock after acquiring an additional 51,200 shares during the quarter. Huntington National Bank’s holdings in Energy Services of America were worth $3,579,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ESOA. Quadrature Capital Ltd bought a new position in shares of Energy Services of America during the first quarter valued at $106,000. CreativeOne Wealth LLC purchased a new position in Energy Services of America in the 1st quarter worth about $109,000. Heron Bay Capital Management bought a new position in Energy Services of America during the 1st quarter valued at about $234,000. Ritholtz Wealth Management boosted its holdings in shares of Energy Services of America by 46.7% during the 2nd quarter. Ritholtz Wealth Management now owns 60,878 shares of the company’s stock valued at $436,000 after acquiring an additional 19,380 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of Energy Services of America in the third quarter worth approximately $452,000. Institutional investors own 2.13% of the company’s stock.

Energy Services of America Stock Performance

Shares of Energy Services of America stock opened at $14.07 on Friday. Energy Services of America Co. has a twelve month low of $3.46 and a twelve month high of $14.75. The company’s 50 day moving average is $10.69 and its 200 day moving average is $8.66.

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

Insider Buying and Selling

In other Energy Services of America news, Director Marshall T. Reynolds sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $9.50, for a total transaction of $237,500.00. Following the completion of the sale, the director now directly owns 1,629,303 shares of the company’s stock, valued at approximately $15,478,378.50. This represents a 1.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frank S. Lucente sold 3,000 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $10.80, for a total transaction of $32,400.00. Following the completion of the transaction, the director now owns 281,337 shares in the company, valued at $3,038,439.60. The trade was a 1.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 128,946 shares of company stock valued at $1,282,887 over the last 90 days. Company insiders own 44.68% of the company’s stock.

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.