Heritage-Crystal Clean Inc. (NASDAQ:HCCI) COO Gregory Ray sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $16.20, for a total transaction of $162,000.00. Following the sale, the chief operating officer now directly owns 161,953 shares in the company, valued at approximately $2,623,638.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Heritage-Crystal Clean Inc. (NASDAQ:HCCI) opened at 16.40 on Tuesday. The company has a 50-day moving average of $13.78 and a 200-day moving average of $12.87. The firm’s market cap is $367.52 million. Heritage-Crystal Clean Inc. has a 1-year low of $7.19 and a 1-year high of $16.60.
Heritage-Crystal Clean (NASDAQ:HCCI) last issued its quarterly earnings data on Wednesday, October 19th. The company reported $0.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.09. Heritage-Crystal Clean had a positive return on equity of 3.39% and a negative net margin of 0.03%. The company earned $81.90 million during the quarter, compared to analysts’ expectations of $82.50 million. Analysts predict that Heritage-Crystal Clean Inc. will post $0.33 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its stake in shares of Heritage-Crystal Clean by 178.1% in the second quarter. Bank of New York Mellon Corp now owns 119,794 shares of the company’s stock worth $1,463,000 after buying an additional 76,723 shares in the last quarter. Cove Street Capital LLC boosted its stake in shares of Heritage-Crystal Clean by 19.9% in the second quarter. Cove Street Capital LLC now owns 2,662,845 shares of the company’s stock worth $32,514,000 after buying an additional 441,354 shares in the last quarter. Emerald Acquisition Ltd. purchased a new stake in shares of Heritage-Crystal Clean during the second quarter worth $4,518,000. GSA Capital Partners LLP boosted its stake in shares of Heritage-Crystal Clean by 414.3% in the second quarter. GSA Capital Partners LLP now owns 68,711 shares of the company’s stock worth $839,000 after buying an additional 55,351 shares in the last quarter. Finally, Van Den Berg Management I Inc. boosted its stake in shares of Heritage-Crystal Clean by 59.9% in the second quarter. Van Den Berg Management I Inc. now owns 64,755 shares of the company’s stock worth $791,000 after buying an additional 24,255 shares in the last quarter. Institutional investors own 50.77% of the company’s stock.
Separately, Zacks Investment Research raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Monday, November 7th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $14.75.
About Heritage-Crystal Clean