Aris Water Solutions COO David Van Brunt sells $973,995 in stock

Published 14/03/2025, 23:30
Aris Water Solutions COO David Van Brunt sells $973,995 in stock

David Dylan Van Brunt, the Chief Operating Officer of Aris Water Solutions , Inc. (NYSE:ARIS), has recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Van Brunt disposed of 32,305 shares of Class A Common Stock on March 12, 2025. The shares were sold at a weighted average price of $30.15, amounting to a total transaction value of approximately $973,995. The transaction comes as the $1.7 billion market cap company has seen its stock surge over 125% in the past year, with InvestingPro data showing the stock is currently trading near its Fair Value.

This sale was executed in multiple trades, with prices ranging from $29.40 to $30.53, as detailed in the filing. Following the transaction, Van Brunt retains direct ownership of 85,656 shares of Aris Water Solutions. The company maintains a GREAT financial health score according to InvestingPro analysis, which offers 12 additional investment tips and a comprehensive Pro Research Report for deeper insights into ARIS’s valuation and prospects.

In other recent news, Ares Mining reported a robust performance for Q4 2024, with revenue reaching $118.61 million, surpassing the forecast of $108.95 million. Despite the earnings per share (EPS) of $0.29 missing the expected $0.32, the company’s revenue beat contributed to positive investor sentiment. The company also announced plans to expand its Segovia and Marmato facilities, aiming to boost production capabilities. Ares Mining produced 57,364 ounces of gold in Q4, contributing to a full-year production of 211,000 ounces. The company ended the year with a strong cash balance of $253 million, positioning it well for future growth. Looking ahead, Ares Mining projects consolidated gold production for 2025 to be between 230,000 and 275,000 ounces. The company has set future EPS forecasts for 2025 and 2026 at $1.42 and $2.05, respectively. Additionally, Ares Mining anticipates achieving an annual gold production rate of more than 500,000 ounces once its expansions are fully operational.

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