Insider Selling: KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Insider Sells 10,475 Shares of Stock

KLX Energy Services Holdings, Inc. (NASDAQ:KLXEGet Free Report) insider Max Bouthillette sold 10,475 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $11.71, for a total transaction of $122,662.25. Following the completion of the sale, the insider now owns 39,766 shares in the company, valued at approximately $465,659.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Max Bouthillette also recently made the following trade(s):

  • On Tuesday, August 1st, Max Bouthillette sold 1,000 shares of KLX Energy Services stock. The stock was sold at an average price of $11.57, for a total transaction of $11,570.00.

KLX Energy Services Price Performance

KLX Energy Services stock traded up $0.11 on Monday, reaching $11.72. The company’s stock had a trading volume of 91,280 shares, compared to its average volume of 206,623. KLX Energy Services Holdings, Inc. has a twelve month low of $5.02 and a twelve month high of $18.63. The company has a market cap of $192.33 million, a price-to-earnings ratio of 3.48 and a beta of 2.11. The company has a debt-to-equity ratio of 7.72, a quick ratio of 1.58 and a current ratio of 1.77. The business’s fifty day moving average price is $11.18 and its 200 day moving average price is $10.76.

KLX Energy Services (NASDAQ:KLXEGet Free Report) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.02. KLX Energy Services had a net margin of 4.91% and a negative return on equity of 4,466.05%. The firm had revenue of $234.00 million for the quarter, compared to analyst estimates of $247.00 million. Equities analysts expect that KLX Energy Services Holdings, Inc. will post 2.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler upped their price objective on shares of KLX Energy Services from $13.50 to $14.50 and gave the stock a “neutral” rating in a research note on Monday, August 14th.

Check Out Our Latest Report on KLX Energy Services

Institutional Trading of KLX Energy Services

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC bought a new position in KLX Energy Services in the 3rd quarter valued at $28,000. JPMorgan Chase & Co. acquired a new stake in KLX Energy Services during the 1st quarter worth $33,000. Citigroup Inc. bought a new stake in shares of KLX Energy Services during the 2nd quarter valued at $37,000. California State Teachers Retirement System acquired a new position in shares of KLX Energy Services in the 2nd quarter valued at $41,000. Finally, Advisory Services Network LLC grew its stake in shares of KLX Energy Services by 710.0% during the first quarter. Advisory Services Network LLC now owns 4,050 shares of the company’s stock worth $47,000 after purchasing an additional 3,550 shares during the period. Institutional investors and hedge funds own 41.42% of the company’s stock.

KLX Energy Services Company Profile

(Get Free Report)

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; and downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals.

Further Reading

Insider Buying and Selling by Quarter for KLX Energy Services (NASDAQ:KLXE)

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