In a filing, Select Water Solutions Inc revealed its President/CEO Schmitz John unloaded Company’s shares for reported $0.96 million on Feb 14 ’25. In the deal valued at $13.03 per share,73,450 shares were sold. As a result of this transaction, Schmitz John now holds 2,825,128 shares worth roughly $27.26 million.
Then, Schmitz John sold 26,550 shares, generating $349,289 in total proceeds. Upon selling the shares at $13.16, the President/CEO now owns 2,898,578 shares.
Before that, B-29 Investments, LP bought 100,000 shares. Select Water Solutions Inc shares valued at $1,311,000 were divested by the Affiliate at a price of $13.11 per share.
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 Monday, Select Water Solutions Inc [NYSE:WTTR] saw its stock unchanged to $9.65. Over the last five days, the stock has lost -0.31%. Select Water Solutions Inc shares have fallen nearly -27.11% since the year began. Nevertheless, the stocks have risen 10.54% over the past one year. While a 52-week high of $15.14 was reached on 01/16/25, a 52-week low of $8.60 was recorded on 03/17/25. SMA at 50 days reached $12.48, while 200 days put it at $11.86.
Levels Of Support And Resistance For WTTR Stock
The 24-hour chart illustrates a support level at 9.15, which if violated will result in even more drops to 8.66. On the upside, there is a resistance level at 9.91. A further resistance level may holdings at 10.17. The Relative Strength Index (RSI) on the 14-day chart is 25.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.47%. Stochastics %K at 12.55% indicates the stock is a buying.
How much short interest is there in Select Water Solutions Inc?
A steep rise in short interest was recorded in Select Water Solutions Inc stocks on 2025-02-28, growing by 1.62 million shares to a total of 6.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.36 million shares. There was a rise of 23.17%, which implies that there is a positive sentiment for the stock.
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.
