WTTR Select Energy Services Inc

Deprince Race & Zollo Inc. significantly increased its stake in Select Water Solutions (WTTR) by 1,334.5% in the third quarter, now holding 3,783,865 shares valued at $40.45 million, representing 3.12% of the company. However, CEO John Schmitz sold a substantial portion of his shares, reducing his holdings by over 86%, while analyst ratings remain mixed but generally constructive with a "Moderate Buy" consensus. The company recently announced a quarterly dividend and analysts predict a positive EPS for the current fiscal year.

Wall Street Zen upgraded Select Water Solutions (NYSE:WTTR) from a "sell" to a "hold" rating, though its analyst backdrop is mixed with an average price target of $14.00. The company has seen significant insider selling, with CEO John Schmitz selling over 211,000 shares, and institutional investors owning approximately 81.7% of the stock. Select Water Solutions previously reported earnings of $0.03 EPS for the quarter, matching analyst estimates.

Harbor Capital Advisors Inc. significantly reduced its stake in Select Water Solutions, Inc. (NYSE:WTTR) by 71.3% in Q3, now holding shares worth $3.24 million. Despite insider selling by CEO John Schmitz, analysts have a "Moderate Buy" consensus with an average target price of $14.00, though the company's high dividend payout ratio raises sustainability concerns. Select Water Solutions' stock opened at $10.69 after announcing a quarterly dividend of $0.07 per share.

This article provides a detailed analysis of Select Water Solutions Inc. Class A (NASDAQ: WTTR) using AI models. It identifies a potential short setup with a favorable risk-reward ratio and outlines three distinct trading strategies: Position Trading, Momentum Breakout, and Risk Hedging. The analysis also includes multi-timeframe signal analysis, highlighting current sentiment and key support/resistance levels.

This report provides a stock analysis of Select Water Solutions (NYSE:WTTR), highlighting its financial health, growth prospects, and valuation. The company is trading at a significant discount to its estimated fair value, with analysts forecasting a rise in stock price, but faces risks such as low profit margins, one-off financial impacts, and significant insider selling. The report also details competitor analysis, price performance, recent news and updates, and key fundamentals.

Squarepoint Ops LLC acquired 369,708 shares of Select Water Solutions, Inc. (NYSE:WTTR) valued at approximately $3.19 million during the second quarter. This acquisition is part of a trend of increased institutional ownership, bringing the total institutional stake to 81.73%. Despite a quarterly dividend and analyst ratings ranging from "Strong Buy" to "Sell," company insiders have been net sellers, with CEO John Schmitz selling a significant portion of his holdings.