Executive Chairman of ENERGY RECOVERY, INC. (ERII, Financial) Hans Peter Michelet sells 65,000 shares of ERII on 12/01/2009 at an average price of $5.62 a share.
Based in San Leandro, California, ENERGY RECOVERY, INC. is a leading global developer and manufacturer of highly efficient energy recovery devices utilized in the water desalination industry. Energy Recovery, Inc. operates primarily in the sea water reverse osmosis segment of the desalination industry.ERI manufactures ultra-high efficiency recovery products and technology, specifically the ERI PX Pressure Exchanger, that are among the enabling technologies driving the rapid growth in seawater reverse osmosis desalination, and are helping to make desalination affordable worldwide. Energy Recovery, Inc. has a market cap of $318.5 million; its shares were traded at around $6.35 with a P/E ratio of 45.2 and P/S ratio of 6.1.
Based in San Leandro, California, ENERGY RECOVERY, INC. is a leading global developer and manufacturer of highly efficient energy recovery devices utilized in the water desalination industry. Energy Recovery, Inc. operates primarily in the sea water reverse osmosis segment of the desalination industry.ERI manufactures ultra-high efficiency recovery products and technology, specifically the ERI PX Pressure Exchanger, that are among the enabling technologies driving the rapid growth in seawater reverse osmosis desalination, and are helping to make desalination affordable worldwide. Energy Recovery, Inc. has a market cap of $318.5 million; its shares were traded at around $6.35 with a P/E ratio of 45.2 and P/S ratio of 6.1.
Insiders' Positions with ERII
- Buy:: SVP, Sales and Marketing Borja Sanchez-blanco bought 1,800 shares of ERII stock on 08/14/2009 at the average price of 5.4, the price of the stock has increased by 17.59% since
- Sell:: Director Fred Olav Johannessen sold 29,000 shares of ERII stock on 09/01/2009 at the average price of 5.07, the price of the stock has increased by 25.25% since
- Sell:: Executive Chairman Hans Peter Michelet sold 65,000 shares of ERII stock on 08/03/2009 at the average price of 7.05, the price of the stock has decreased by 9.93% since
