In a filing, Select Water Solutions Inc revealed its President/CEO Schmitz John unloaded Company’s shares for reported $0.35 million on Feb 11 ’25. In the deal valued at $13.16 per share,26,550 shares were sold. As a result of this transaction, Schmitz John now holds 2,898,578 shares worth roughly $ 38.84 million.
Then, B-29 Investments, LP bought 100,000 shares, generating $1,311,000 in total proceeds.
Before that, Schmitz John sold 225,000 shares. Select Water Solutions Inc shares valued at $3,082,500 were divested by the President/CEO at a price of $13.70 per share. As a result of the transaction, Schmitz John now holds 2,925,128 shares, worth roughly $39.2 million.
Northland Capital upgraded its Select Water Solutions Inc [WTTR] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “a Buy”. Northland Capital began covering WTTR with “Market perform” recommendation on April 22, 2024. Raymond James started covering the stock on March 23, 2023. It rated WTTR as “a Strong buy”.
Price Performance Review of WTTR
On Tuesday, Select Water Solutions Inc [NYSE:WTTR] saw its stock jump 1.98% to $13.40. Over the last five days, the stock has gained 2.21%. Select Water Solutions Inc shares have risen nearly 1.21% since the year began. Nevertheless, the stocks have risen 76.32% over the past one year. While a 52-week high of $15.14 was reached on 01/16/25, a 52-week low of $7.60 was recorded on 02/13/25. SMA at 50 days reached $13.44, while 200 days put it at $11.75.
Levels Of Support And Resistance For WTTR Stock
The 24-hour chart illustrates a support level at 13.13, which if violated will result in even more drops to 12.86. On the upside, there is a resistance level at 13.55. A further resistance level may holdings at 13.70. The Relative Strength Index (RSI) on the 14-day chart is 53.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.11%. Stochastics %K at 72.26% indicates the stock is a holding.
The most recent change occurred on July 15, 2021 when Seaport Global Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $8 price target.
