Adaptimmune stock plunges after announcing Nasdaq delisting plans
Energy Recovery, Inc. NASDAQ:ERII, a $799 million market cap company currently trading at $14.95, has reported a significant insider transaction. Chief Legal Officer William Yeung has sold 15,454 shares of common stock on September 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at prices ranging from $15 to $15.21, with an average price of $15.086, netting $233,139. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates.
On the same day, Yeung also exercised options to acquire 15,454 shares of Energy Recovery common stock at a price of $8.95, for a total value of $138,313. The company maintains strong financial health with more cash than debt on its balance sheet and impressive gross profit margins of 67%.
Following these transactions, Yeung directly owns 97,369 shares of Energy Recovery, Inc. common stock. Yeung also indirectly owns 5,568 shares through a spouse. For deeper insights into insider trading patterns and 15+ additional ProTips, visit InvestingPro, where you’ll find comprehensive analysis in our Pro Research Report.
In other recent news, Energy Recovery reported its second-quarter 2025 earnings, exceeding analyst expectations. The company achieved an earnings per share of $0.07, which was notably higher than the anticipated loss of $0.01. Additionally, Energy Recovery posted a revenue beat, further underscoring its financial performance. The company has maintained its guidance for 2025, indicating confidence in its strategic plans. In a separate development, Freedom Broker raised its price target for Energy Recovery from $19.00 to $20.00, while keeping a Buy rating on the stock. The research firm cited the company’s reaffirmation of its full-year 2025 guidance and expressed confidence in growth within its Water and Wastewater segments. These recent developments reflect the company’s positive trajectory and continued investor interest.
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