Navellier & Associates Inc. Increases Position in Energy Services of America Co. (NASDAQ:ESOA)

Navellier & Associates Inc. boosted its holdings in shares of Energy Services of America Co. (NASDAQ:ESOA) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,000 shares of the company’s stock after acquiring an additional 1,382 shares during the period. Navellier & Associates Inc.’s holdings in Energy Services of America were worth $429,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ESOA. GSA Capital Partners LLP purchased a new stake in Energy Services of America during the 3rd quarter valued at about $452,000. Huntington National Bank grew its stake in Energy Services of America by 15.7% during the 3rd quarter. Huntington National Bank now owns 376,788 shares of the company’s stock valued at $3,579,000 after acquiring an additional 51,200 shares in the last quarter. State Street Corp grew its stake in Energy Services of America by 16.4% during the 3rd quarter. State Street Corp now owns 35,529 shares of the company’s stock valued at $338,000 after acquiring an additional 5,000 shares in the last quarter. XTX Topco Ltd purchased a new stake in Energy Services of America during the 3rd quarter valued at about $401,000. Finally, Virtu Financial LLC grew its stake in Energy Services of America by 35.4% during the 3rd quarter. Virtu Financial LLC now owns 21,110 shares of the company’s stock valued at $201,000 after acquiring an additional 5,516 shares in the last quarter. Hedge funds and other institutional investors own 2.13% of the company’s stock.

Energy Services of America Stock Down 6.6 %

Shares of NASDAQ ESOA opened at $9.82 on Monday. Energy Services of America Co. has a 12-month low of $5.70 and a 12-month high of $19.83. The company has a 50-day moving average of $12.52 and a 200 day moving average of $11.73.

Energy Services of America (NASDAQ:ESOA) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.05).

Insider Activity

In other news, Director Marshall T. Reynolds sold 34,713 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $16.04, for a total value of $556,796.52. Following the completion of the sale, the director now owns 1,525,373 shares of the company’s stock, valued at $24,466,982.92. This represents a 2.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Mark Prince purchased 21,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average cost of $10.96 per share, with a total value of $230,160.00. Following the purchase, the director now owns 100,071 shares in the company, valued at approximately $1,096,778.16. This trade represents a 26.56 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 44.68% of the company’s stock.

Energy Services of America 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.