Energy Services of America Co. (NASDAQ:ESOA) Director Samuel G. Kapourales Sells 50,000 Shares

Energy Services of America Co. (NASDAQ:ESOA) Director Samuel G. Kapourales sold 50,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $10.10, for a total value of $505,000.00. Following the completion of the sale, the director now directly owns 714,191 shares in the company, valued at approximately $7,213,329.10. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Energy Services of America Stock Down 2.1 %

Energy Services of America stock opened at $10.16 on Friday. The company has a fifty day simple moving average of $8.71 and a 200-day simple moving average of $7.85. Energy Services of America Co. has a 12-month low of $3.46 and a 12-month high of $11.16.

Energy Services of America (NASDAQ:ESOA) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.27. The business had revenue of $85.92 million during the quarter, compared to analyst estimates of $91.23 million.

Institutional Investors Weigh In On Energy Services of America

Institutional investors and hedge funds have recently bought and sold shares of the stock. Denali Advisors LLC acquired a new stake in shares of Energy Services of America during the first quarter worth about $154,000. Advisor Resource Council acquired a new stake in shares of Energy Services of America in the 1st quarter valued at about $126,000. Thompson Davis & CO. Inc. grew its stake in Energy Services of America by 0.6% during the 1st quarter. Thompson Davis & CO. Inc. now owns 1,333,725 shares of the company’s stock worth $11,003,000 after buying an additional 7,451 shares during the last quarter. LSV Asset Management acquired a new position in Energy Services of America during the first quarter worth approximately $116,000. Finally, Vanguard Group Inc. lifted its stake in Energy Services of America by 32.5% in the first quarter. Vanguard Group Inc. now owns 424,892 shares of the company’s stock valued at $3,505,000 after buying an additional 104,299 shares during the last quarter. 2.13% of the stock is owned by hedge funds and other institutional investors.

About Energy Services of America

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.