Energy Services of America Co. (NASDAQ:ESOA) Director Marshall T. Reynolds Sells 31,630 Shares

Energy Services of America Co. (NASDAQ:ESOA) Director Marshall T. Reynolds sold 31,630 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $9.00, for a total transaction of $284,670.00. Following the completion of the transaction, the director now directly owns 1,697,673 shares in the company, valued at $15,279,057. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Energy Services of America Stock Performance

ESOA stock opened at $9.02 on Friday. Energy Services of America Co. has a one year low of $3.46 and a one year high of $9.50. The company has a fifty day moving average of $7.28 and a 200-day moving average of $7.46.

Institutional Investors Weigh In On Energy Services of America

Hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC increased its position in Energy Services of America by 7.6% during the 1st quarter. Acadian Asset Management LLC now owns 65,755 shares of the company’s stock worth $541,000 after purchasing an additional 4,641 shares during the period. Raymond James & Associates grew its holdings in Energy Services of America by 27.0% during the fourth quarter. Raymond James & Associates now owns 23,497 shares of the company’s stock worth $141,000 after acquiring an additional 5,000 shares during the period. Thompson Davis & CO. Inc. raised its position in Energy Services of America by 0.6% in the first quarter. Thompson Davis & CO. Inc. now owns 1,333,725 shares of the company’s stock worth $11,003,000 after acquiring an additional 7,451 shares in the last quarter. M. Kulyk & Associates LLC acquired a new stake in Energy Services of America in the fourth quarter valued at $62,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Energy Services of America during the 1st quarter worth $106,000. Institutional investors and hedge funds own 2.13% of the company’s stock.

Energy Services of America Company Profile

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.