Jack M. Reynolds Sells 25,000 Shares of Energy Services of America Co. (NASDAQ:ESOA) Stock

Energy Services of America Co. (NASDAQ:ESOA) Director Jack M. Reynolds sold 25,000 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $10.30, for a total transaction of $257,500.00. Following the completion of the transaction, the director now directly owns 408,385 shares of the company’s stock, valued at $4,206,365.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Energy Services of America Stock Performance

ESOA stock opened at $9.69 on Wednesday. The company has a 50 day moving average price of $8.81 and a 200 day moving average price of $7.87. Energy Services of America Co. has a fifty-two week low of $3.46 and a fifty-two week high of $11.16.

Energy Services of America (NASDAQ:ESOA) last released its earnings results on Monday, August 12th. The company reported $0.37 earnings per share for the quarter, topping 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.

Institutional Investors Weigh In On Energy Services of America

Several institutional investors have recently modified their holdings of the business. Thompson Davis & CO. Inc. boosted its position in shares of Energy Services of America by 0.6% in the 1st quarter. Thompson Davis & CO. Inc. now owns 1,333,725 shares of the company’s stock worth $11,003,000 after purchasing an additional 7,451 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Energy Services of America by 32.5% in the first quarter. Vanguard Group Inc. now owns 424,892 shares of the company’s stock worth $3,505,000 after acquiring an additional 104,299 shares in the last quarter. Raffles Associates LP lifted its holdings in shares of Energy Services of America by 22.6% during the 2nd quarter. Raffles Associates LP now owns 217,533 shares of the company’s stock valued at $1,558,000 after purchasing an additional 40,142 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Energy Services of America by 12.8% in the 2nd quarter. Renaissance Technologies LLC now owns 203,892 shares of the company’s stock valued at $1,460,000 after purchasing an additional 23,192 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Energy Services of America by 20.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 178,625 shares of the company’s stock worth $1,279,000 after purchasing an additional 30,694 shares in the last quarter. Institutional investors and hedge funds own 2.13% of the company’s stock.

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.