Energy Recovery Inc’s filing revealed that its SVP, Water Clemente Rodney unloaded Company’s shares for reported $75256.0 on Jul 28 ’25. In the deal valued at $13.97 per share,5,387 shares were sold. As a result of this transaction, Clemente Rodney now holds 100,765 shares worth roughly $1.38 million.
Then, Clemente Rodney bought 5,387 shares, generating $75,256 in total proceeds.
Before that, Hanstveit Arve sold 30,000 shares. Energy Recovery Inc shares valued at $380,400 were divested by the Director at a price of $12.68 per share. As a result of the transaction, Hanstveit Arve now holds 655,220 shares, worth roughly $8.96 million.
B. Riley Securities downgraded its Energy Recovery Inc [ERII] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Raymond James also remained covering ERII and has increased its forecast on July 09, 2024 with a “Strong buy” recommendation from previously “an Outperform” rating. B. Riley Securities started covering the stock on November 17, 2022. It rated ERII as “a Buy”.
Price Performance Review of ERII
On Tuesday, Energy Recovery Inc [NASDAQ:ERII] saw its stock fall -0.36% to $13.67. Energy Recovery Inc shares have fallen nearly -7.88% since the year began. Nevertheless, the stocks have fallen -7.01% over the past one year. While a 52-week high of $20.27 was reached on 03/24/25, a 52-week low of $10.86 was recorded on 05/08/25.
Levels Of Support And Resistance For ERII Stock
The 24-hour chart illustrates a support level at 13.46, which if violated will result in even more drops to 13.24. On the upside, there is a resistance level at 13.84. A further resistance level may holdings at 14.00.
How much short interest is there in Energy Recovery Inc?
A steep rise in short interest was recorded in Energy Recovery Inc stocks on 2025-07-15, dropping by -0.19 million shares to a total of 0.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 0.99 million shares. There was a decline of -23.46%, which implies that there is a negative sentiment for the stock.
