Aris Water Solutions chief accounting officer sells shares worth $289,200

Published 14/03/2025, 23:30
Aris Water Solutions chief accounting officer sells shares worth $289,200

In a recent transaction, Jeffrey K. Hunt, the Chief Accounting Officer of Aris Water Solutions , Inc. (NYSE:ARIS), sold 10,000 shares of the company’s Class A Common Stock. The shares were sold at an average price of $28.92, resulting in a total transaction value of $289,200. The transaction comes as ARIS shares have shown remarkable strength, gaining over 125% in the past year and nearly 80% in the last six months. According to InvestingPro analysis, the stock is currently trading near its Fair Value. Following this sale, Hunt holds 44,827 shares directly. The transaction was executed on March 13, 2025, as detailed in a Form 4 filing with the Securities and Exchange Commission. With a market capitalization of $1.7 billion and an overall financial health score of GREAT from InvestingPro, investors can access comprehensive insider trading analysis and 12 additional ProTips in the detailed Pro Research Report available for ARIS, one of 1,400+ stocks covered in-depth on the platform.

In other recent news, Ares Mining reported a notable revenue achievement for Q4 2024, reaching $118.61 million, which surpassed the forecast of $108.95 million. Despite this, the company’s earnings per share (EPS) came in at $0.29, slightly below the expected $0.32. Ares Mining’s full-year gold revenue was reported at $499 million, with an adjusted EBITDA of $163.1 million. The company also announced plans to expand its Segovia and Marmato facilities, aiming to boost production. Analysts have noted the company’s strong financial position, with a year-end cash balance of $253 million. Ares Mining projects consolidated gold production for 2025 to be between 230,000 and 275,000 ounces. Looking ahead, the company anticipates significant growth in EPS, with projections of $1.42 and $2.05 for 2025 and 2026, respectively. These recent developments reflect Ares Mining’s strategic focus on increasing production capabilities and maintaining a robust financial standing.

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