Arq inc.: chief accounting officer Hansen sells $14k in shares

Published 06/08/2025, 22:52
Arq inc.: chief accounting officer Hansen sells $14k in shares

Arq, Inc. (NASDAQ:ARQ) Chief Accounting Officer Stacia Hansen sold 2,742 shares of common stock on August 4, 2025, at a price of $5.20, totaling $14,258. The stock has since risen to $6.69, with analysts setting price targets between $8 and $10. According to InvestingPro, the company’s market cap stands at $283 million.

Following the transaction, Hansen directly owns 73,199 shares of Arq, Inc. common stock. The sale was executed to cover tax withholding obligations related to the vesting of restricted stock awards. With earnings scheduled for August 11, InvestingPro subscribers can access comprehensive insider trading analysis and 8 additional key insights about ARQ’s financial health and valuation metrics.

In other recent news, Arq Inc has reported its financial results for the first quarter of 2025, showing a revenue of $27.2 million, which exceeded analyst forecasts of $26.73 million. This figure marks a 25% increase from the same period last year, highlighting significant growth. Additionally, Arq completed the commissioning of its first Granular Activated Carbon production line at the Red River Plant and has begun generating sales revenue from this new operation. In terms of analyst activity, Craig-Hallum initiated coverage on Arq with a Buy rating and a $10.00 price target, citing the company’s transformation into an environmental technology provider as a positive factor.

Meanwhile, Canaccord Genuity adjusted its price target for Arq to $8.00 from $9.00, while maintaining a Buy rating. The analysts emphasized the need for more evidence to support their positive outlook following project delays but remain confident in Arq’s long-term prospects. These developments reflect the company’s ongoing efforts to enhance its market position and financial performance.

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