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Yeung, chief legal officer at Energy Recovery, sells $60k in stock

Published 22/10/2025, 23:14
Yeung, chief legal officer at Energy Recovery, sells $60k in stock
ERII
1.34%

William Yeung, Chief Legal Officer of Energy Recovery, Inc. (NASDAQ:ERII), a company with impressive gross profit margins of 67% and an excellent financial health score according to InvestingPro, sold 3,530 shares of common stock on October 20, 2025, at a price of $17.0, totaling $60,010.

According to a Form 4 filing with the Securities and Exchange Commission, the transactions were executed under a pre-arranged Rule 10b5-1 trading plan. On the same day, Yeung also exercised options to acquire 3,530 shares of Energy Recovery common stock at $7.50, for a total value of $26,475. The company, currently valued at $914 million, is scheduled to report its next earnings on November 5, 2025.

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 comprehensive financial analysis, including 15+ additional ProTips, check out the detailed Pro Research Report available on InvestingPro.

In other recent news, Energy Recovery reported its second-quarter 2025 earnings, exceeding analyst expectations with an earnings per share of $0.07, compared to the anticipated loss of $0.01. The company also reported a revenue beat, reinforcing its confidence by maintaining its guidance for 2025. Additionally, Freedom Broker raised its price target for Energy Recovery to $20 from $19, maintaining a Buy rating. The research firm highlighted the company’s reaffirmation of its full-year 2025 guidance and expressed confidence in growth within its Water and Wastewater segments. These developments indicate a positive outlook from analysts and the company regarding its future performance.

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