Angela John Acquires 10,000 Shares of Tetra Technologies (NYSE:TTI) Stock

Tetra Technologies, Inc. (NYSE:TTIGet Free Report) Director Angela John acquired 10,000 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average cost of $6.50 per share, for a total transaction of $65,000.00. Following the completion of the transaction, the director owned 97,434 shares in the company, valued at approximately $633,321. This represents a 11.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Tetra Technologies Trading Up 4.1%

Shares of NYSE:TTI opened at $6.90 on Friday. The stock has a 50 day moving average of $8.43 and a 200 day moving average of $9.12. The company has a market cap of $1.02 billion, a PE ratio of 172.54 and a beta of 1.23. Tetra Technologies, Inc. has a 12-month low of $4.61 and a 12-month high of $12.54. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.43.

Tetra Technologies (NYSE:TTIGet Free Report) last released its earnings results on Monday, August 3rd. The oil and gas company reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. Tetra Technologies had a net margin of 0.97% and a return on equity of 9.11%. The company had revenue of $185.66 million for the quarter, compared to analysts’ expectations of $176.16 million. During the same quarter last year, the business earned $0.08 EPS. As a group, equities research analysts expect that Tetra Technologies, Inc. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Weiss Ratings cut shares of Tetra Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 4th. Northland Securities set a $10.00 price target on Tetra Technologies in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Tetra Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.50.

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Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTI. Corient Private Wealth LP purchased a new stake in Tetra Technologies during the 2nd quarter valued at approximately $114,000. Amundi boosted its position in shares of Tetra Technologies by 249.5% during the second quarter. Amundi now owns 58,017 shares of the oil and gas company’s stock worth $657,000 after acquiring an additional 41,419 shares during the last quarter. California State Teachers Retirement System grew its stake in Tetra Technologies by 902.8% during the second quarter. California State Teachers Retirement System now owns 1,654,191 shares of the oil and gas company’s stock valued at $18,742,000 after acquiring an additional 1,489,237 shares in the last quarter. Benjamin Edwards Inc. grew its stake in Tetra Technologies by 15.4% during the second quarter. Benjamin Edwards Inc. now owns 17,357 shares of the oil and gas company’s stock valued at $197,000 after acquiring an additional 2,318 shares in the last quarter. Finally, Penn Capital Management Company LLC increased its holdings in Tetra Technologies by 62.4% in the 2nd quarter. Penn Capital Management Company LLC now owns 180,867 shares of the oil and gas company’s stock valued at $2,049,000 after acquiring an additional 69,500 shares during the last quarter. 70.19% of the stock is currently owned by institutional investors.

Trending Headlines about Tetra Technologies

Here are the key news stories impacting Tetra Technologies this week:

  • Positive Sentiment: Director Angela John bought 10,000 TTI shares for approximately $65,000 at an average price of $6.50, increasing her direct ownership by 11.44% to 97,434 shares. The purchase may boost confidence that an insider views the recent weakness as an attractive entry point. SEC insider transaction filing
  • Positive Sentiment: TETRA’s CEO and investor-relations chief will meet institutional investors at the Barclays Energy-Power Conference on September 9 and the Jefferies Renewables, Clean Energy and E&C Conference on September 10. These events could give management an opportunity to reinforce its outlook and discuss growth initiatives. TETRA investor conference announcement
  • Neutral Sentiment: An analyst roundup mentioned Tetra Technologies alongside other industrial-goods companies, but the available information does not show a new rating, price-target change or material company announcement. Analyst roundup
  • Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $0.23 from $0.24 and cut its Q1-Q4 2027 forecasts to $0.04, $0.09, $0.05 and $0.04, respectively. The FY2027 estimate fell to $0.21 from $0.36, signaling a substantially weaker earnings outlook than previously expected and adding pressure to TTI’s valuation. Tetra Technologies analyst estimates

About Tetra Technologies

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Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.

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