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Company Analysis

ERII Insider Trading

Energy Recovery, Inc. | Special Industry Machinery, NEC

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Energy Recovery, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Special Industry Machinery, NEC sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2015-03-14 00:41 2015-03-12 Hanstveit Arve Director SELL $2.86 40,000 $114,556 1,380,800 -2.8%
2015-03-13 01:00 2015-03-10 BUEHLER ALEXANDER J Director BUY $2.81 120,000 $336,936 120,000 +100.0%
2015-03-13 01:00 2015-03-11 STROUD ANDREW B JR Officer - VP, Human Resources BUY $2.83 1,700 $4,808 1,700 +100.0%
2014-12-15 23:43 2014-12-11 Hanstveit Arve Director SELL $4.64 80,000 $371,432 1,570,800 -4.8%
2014-11-12 23:00 2014-11-12 Lorentzen Ole Peter 10% owner BUY $4.52 158,907 $717,688 8,290,334 +2.0%
2014-11-07 22:27 2014-11-05 Lorentzen Ole Peter 10% owner BUY $4.26 197,200 $840,526 8,131,427 +2.5%
2014-09-04 19:03 2014-09-03 Lorentzen Ole Peter 10% owner BUY $4.38 735,000 $3,215,625 7,934,227 +10.2%
2014-03-28 00:08 2014-03-26 Johannessen Fred Olav Director SELL $5.46 180,000 $983,358 102,200 -63.8%
2014-03-12 04:18 2014-03-11 Hanstveit Arve Director SELL $6.01 80,000 $480,800 1,650,800 -4.6%
2014-02-20 23:07 2014-02-18 Lorentzen Ole Peter 10% owner BUY $4.17 100,000 $417,420 6,199,227 +1.6%
2013-12-03 20:15 2013-12-02 Michelet Hans Peter Director SELL $5.01 20,300 $101,662 409,700 -4.7%
2013-11-14 19:10 2013-11-12 Trempont Dominique Director BUY $4.64 64,622 $299,898 274,155 +30.8%
2013-09-03 18:40 2013-08-29 Hanstveit Arve Director BUY $5.13 80,800 $414,577 1,730,800 +4.9%
2013-05-15 22:41 2013-05-14 Trempont Dominique Director BUY $3.50 57,143 $199,943 209,533 +37.5%
2013-01-03 23:02 2013-01-02 Michelet Hans Peter Director SELL $3.43 30,000 $102,810 430,000 -6.5%
2012-12-05 00:44 2012-12-03 Michelet Hans Peter Director SELL $3.15 30,000 $94,500 460,000 -6.1%
2012-07-06 01:48 2012-07-02 Michelet Hans Peter Director, Officer - Chairman SELL $2.42 63,730 $154,125 490,000 -11.5%
2012-04-04 20:24 2012-04-02 Michelet Hans Peter Director, Officer - Chairman SELL $2.26 63,730 $143,794 553,730 -10.3%
2012-03-17 02:11 2012-03-15 Michelet Hans Peter Director, Officer - Chairman SELL $2.23 10,000 $22,323 617,460 -1.6%
2012-03-16 01:49 2012-03-13 Trempont Dominique Director BUY $2.35 106,044 $249,490 165,865 +177.3%
2012-02-04 00:47 2012-02-01 Michelet Hans Peter Director, Officer - Chairman SELL $2.37 100,000 $236,810 627,460 -13.7%
2012-01-06 01:24 2012-01-03 Michelet Hans Peter Director, Officer - Chairman SELL $2.61 150,000 $391,875 727,460 -17.1%
2011-12-15 02:49 2011-12-13 Trempont Dominique Director BUY $2.71 2,800 $7,588 59,821 +4.9%
2011-11-28 14:04 2011-11-23 Trempont Dominique Director BUY $2.27 6,597 $14,991 57,021 +13.1%
2011-11-23 16:42 2011-11-22 Trempont Dominique Director BUY $2.41 11,382 $27,390 50,424 +29.2%
2011-08-03 22:55 2011-08-01 Michelet Hans Peter Director, Officer - Executive Chairman SELL $2.95 100,000 $295,450 877,460 -10.2%
2011-06-24 01:36 2011-06-14 MAO ROBERT YU LANG Director BUY $2.67 7,361 $19,671 7,361 +100.0%
2011-06-17 00:52 2011-06-14 MAO ROBERT YU LANG Director SELL $2.67 7,361 $19,671 7,361 -50.0%
2011-05-20 19:35 2011-05-18 Pique Gonzalo G Director SELL $2.96 31,000 $91,652 130,000 -19.3%
2011-05-04 20:16 2011-05-02 Michelet Hans Peter Director, Officer - Executive Chairman SELL $2.99 100,000 $299,030 977,460 -9.3%
2011-01-20 01:39 2011-01-18 Michelet Hans Peter Director, Officer - Executive Chairman SELL $3.93 100,000 $392,710 1,077,460 -8.5%
2011-01-05 22:14 2011-01-03 Pique Gonzalo G Director, Officer - President, CEO SELL $4.01 60,000 $240,714 299,100 -16.7%
2010-12-09 03:11 2010-12-06 Johannessen Fred Olav Director SELL $3.81 64,800 $246,739 0 -100.0%
2010-05-18 01:34 2010-05-13 Johannessen Fred Olav Director SELL $4.29 200,000 $857,440 64,800 -75.5%
2010-03-19 22:57 2010-03-18 Arvarius AS 10% owner SELL $6.06 3,000,000 $18,180,000 5,736,981 -34.3%
2010-03-03 22:45 2010-03-01 Michelet Hans Peter Director, Officer - Executive Chairman SELL $6.48 59,153 $383,116 1,177,460 -4.8%
2010-02-20 02:22 2010-02-18 Johannessen Fred Olav Director SELL $6.35 12,500 $79,394 169,800 -6.9%
2010-02-18 22:44 2010-02-17 Johannessen Fred Olav Director SELL $6.25 10,000 $62,503 1,019,500 -1.0%
2010-02-04 22:40 2010-02-01 Johannessen Fred Olav Director SELL $6.10 22,500 $137,178 182,300 -11.0%
2010-01-21 20:25 2010-01-20 Johannessen Fred Olav Director SELL $6.82 5,548 $37,858 90,417 -5.8%
2010-01-21 00:17 2010-01-15 Johannessen Fred Olav Director SELL $6.62 64,235 $425,294 242,200 -21.0%
2009-12-11 22:34 2009-12-08 Johannessen Fred Olav Director SELL $6.46 33,012 $213,337 0 -100.0%
2009-12-04 01:57 2009-12-01 Johannessen Fred Olav Director SELL $5.59 29,000 $162,246 194,800 -13.0%
2009-12-04 01:56 2009-12-01 Michelet Hans Peter Director, Officer - Executive Chairman SELL $5.62 65,000 $365,092 1,236,613 -5.0%
2009-09-04 03:45 2009-09-01 Johannessen Fred Olav Director SELL $5.07 29,000 $146,969 201,800 -12.6%
2009-08-19 01:25 2009-08-14 Sanchez-Blanco Borja Officer - SVP, Sales and Marketing BUY $5.40 1,800 $9,720 1,800 +100.0%
2009-08-05 03:18 2009-08-03 Michelet Hans Peter Director, Officer - Executive Chairman SELL $7.05 65,000 $457,990 1,301,613 -4.8%
2009-06-03 03:22 2009-06-01 Johannessen Fred Olav Director SELL $7.75 54,000 $418,478 208,800 -20.5%
2009-05-30 02:39 2009-05-27 Stover Richard Officer - CTO SELL $8.07 40,200 $324,551 120,330 -25.0%
2009-05-28 04:41 2009-05-26 Johannessen Fred Olav Director SELL $7.82 41,310 $322,904 120,000 -25.6%
SHOW ENTRIES

How to Interpret $ERII Trades

Not every insider transaction in Energy Recovery, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $ERII shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for ERII

Insider activity data for Energy Recovery, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $ERII, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.