Energy Recovery Target of Unusually Large Options Trading (NASDAQ:ERII)

17 Jun 2026, 11:27 by Doug Wharley · The Cerbat Gem

Energy Recovery, Inc. (NASDAQ:ERII – Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 2,282 call options on the company. This represents an increase of 308% compared to the average daily volume of 559 call options.

Energy Recovery Price Performance

Shares of NASDAQ:ERII traded up $0.78 during midday trading on Wednesday, reaching $9.36. The company’s stock had a trading volume of 645,911 shares, compared to its average volume of 835,193. The company has a market capitalization of $482.47 million, a P/E ratio of 24.64 and a beta of 0.94. Energy Recovery has a fifty-two week low of $7.83 and a fifty-two week high of $18.32. The business’s fifty day simple moving average is $9.50 and its 200-day simple moving average is $12.00.

Energy Recovery (NASDAQ:ERII – Get Free Report) last announced its earnings results on Wednesday, May 6th. The industrial products company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.13). Energy Recovery had a return on equity of 10.89% and a net margin of 15.07%.The company had revenue of $9.71 million for the quarter, compared to analyst estimates of $8.37 million. On average, analysts forecast that Energy Recovery will post -0.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on ERII shares. Loop Capital set a $13.00 target price on shares of Energy Recovery in a report on Monday, March 2nd. Wall Street Zen downgraded Energy Recovery from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Northcoast Research downgraded shares of Energy Recovery from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 15th. Weiss Ratings downgraded shares of Energy Recovery from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Freedom Capital downgraded shares of Energy Recovery from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Energy Recovery has a consensus rating of “Hold” and an average price target of $15.00.

Read Our Latest Research Report on ERII

Insider Buying and Selling

In other Energy Recovery news, Director Pamela L. Tondreau bought 20,000 shares of Energy Recovery stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $8.34 per share, for a total transaction of $166,800.00. Following the completion of the acquisition, the director owned 37,362 shares of the company’s stock, valued at approximately $311,599.08. This represents a 115.19% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Arve Hanstveit sold 165,292 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $10.14, for a total value of $1,676,060.88. Following the sale, the director directly owned 384,928 shares in the company, valued at $3,903,169.92. This trade represents a 30.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.20% of the company’s stock.

Institutional Trading of Energy Recovery

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in Energy Recovery by 10.2% in the first quarter. Bank of America Corp DE now owns 58,768 shares of the industrial products company’s stock valued at $592,000 after buying an additional 5,428 shares during the period. Amundi grew its position in shares of Energy Recovery by 31.2% in the 1st quarter. Amundi now owns 3,740,309 shares of the industrial products company’s stock valued at $37,648,000 after purchasing an additional 888,618 shares during the period. Lazard Asset Management LLC raised its holdings in shares of Energy Recovery by 54.7% during the first quarter. Lazard Asset Management LLC now owns 67,429 shares of the industrial products company’s stock worth $679,000 after acquiring an additional 23,838 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Energy Recovery by 40.1% during the first quarter. Renaissance Technologies LLC now owns 144,265 shares of the industrial products company’s stock worth $1,453,000 after acquiring an additional 41,280 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Energy Recovery by 47.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 514,102 shares of the industrial products company’s stock worth $5,177,000 after buying an additional 165,915 shares during the period. Institutional investors and hedge funds own 83.58% of the company’s stock.

About Energy Recovery

(Get Free Report)

Energy Recovery, Inc (NASDAQ: ERII) is an energy technology company specializing in the design and manufacture of high-efficiency devices that capture and repurpose energy in fluid-handling applications. The company’s core offering, the Pressure Exchanger® (PX®) device, enables seawater reverse osmosis (SWRO) desalination plants to recover and reuse hydraulic energy that would otherwise be lost during brine discharge. By integrating PX technology into desalination processes, Energy Recovery helps operators significantly reduce the energy consumption and operating costs of producing fresh water from seawater or brackish sources.