How are energy investors positioned?
Director Christopher Gerald Hutter of Ascent Industries Co (NASDAQ:ACNT), a $114 million market cap industrial company, sold 169 shares of common stock on August 15, 2025. The stock has gained nearly 18% over the past year, though it currently trades about 11% below its 52-week high of $13.70. The shares were sold at prices ranging from $12.54 to $12.57, with an average price of $12.55, totaling $2120.
Following the transaction, Hutter directly owns 211,615 shares and indirectly owns 358,790 shares through a Rev. Trust.
In other recent news, Ascent Industries reported disappointing financial results for the second quarter of 2025. The company posted earnings per share of -$0.25, significantly missing the forecasted $0.27, which represents a negative surprise of 192.59%. Revenue also fell short of expectations, coming in at $18.7 million compared to the anticipated $56.9 million, marking a 67.14% shortfall. These results highlight a challenging period for Ascent Industries, as both earnings and revenue figures were well below analyst estimates. Despite these setbacks, the company’s stock showed minimal movement in after-hours trading. Investors and analysts will likely be closely monitoring any future developments from Ascent Industries as they assess the company’s performance and strategies moving forward.
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