Energy Recovery (NASDAQ: ERII) has recently received a number of price target changes and ratings updates:
- 5/16/2026 – Energy Recovery was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/13/2026 – Energy Recovery had its “buy” rating reaffirmed by Seaport Research Partners. They now have a $12.00 price target on the stock.
- 5/11/2026 – Energy Recovery was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 5/11/2026 – Energy Recovery was downgraded by Freedom Capital from “strong-buy” to “hold”.
- 4/27/2026 – Energy Recovery had its “hold (c-)” rating reaffirmed by Weiss Ratings.
- 4/15/2026 – Energy Recovery was downgraded by Northcoast Research from “buy” to “neutral”.
Insider Buying and Selling
In other Energy Recovery news, Director Pamela L. Tondreau acquired 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $8.34 per share, for a total transaction of $166,800.00. Following the completion of the acquisition, the director owned 37,362 shares of the company’s stock, valued at approximately $311,599.08. This trade represents a 115.19% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Rodney Clemente sold 20,568 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $10.61, for a total transaction of $218,226.48. Following the completion of the sale, the senior vice president owned 116,008 shares of the company’s stock, valued at $1,230,844.88. This represents a 15.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 238,551 shares of company stock worth $2,456,512. Corporate insiders own 3.20% of the company’s stock.
In addition to desalination solutions, Energy Recovery has expanded its portfolio to serve the oil and gas sector through turbocharger systems that improve the energy efficiency of hydraulic fracturing operations.
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