AlphaQuest LLC Reduces Stock Position in Enviri Co. (NYSE:NVRI)

On March 20, 2025, it was reported that AlphaQuest LLC has significantly decreased its investment in Enviri Co. (NYSE: NVRI) by 70.1% during the fourth quarter. According to the latest filing with the Securities and Exchange Commission (SEC), AlphaQuest now holds 8,478 shares after selling 19,843 shares in that period. As of the most recent SEC filing, these remaining shares are valued at $65,000.

In addition to AlphaQuest, several other institutional investors have also adjusted their positions in Enviri. For instance, FMR LLC increased its holdings by 34.4% in the third quarter and now owns 7,069 shares, which are worth approximately $73,000 after purchasing an additional 1,809 shares. Similarly, Stoneridge Investment Partners LLC raised its stake in Enviri by 20.8% during the fourth quarter, resulting in a total ownership of 13,985 shares, valued at $108,000 after acquiring 2,412 more shares. Another institutional player, Vontobel Holding Ltd., initiated a new position in Enviri during the fourth quarter worth $126,000. Zacks Investment Management experienced a 44.7% increase in its position in the third quarter, possessing 23,708 shares valued at $245,000 after adding 7,323 shares. Lastly, Martingale Asset Management L P also purchased a new stake in Enviri in the third quarter, amounting to $274,000. Overall, a substantial 93.43% of Enviri's stock is owned by institutional investors.

Enviri Price Performance

As of Thursday, the stock price of NYSE NVRI was $6.86. The company’s fifty-day moving average is $8.02, with a 200-day moving average of $8.53. Enviri has seen fluctuations in its stock price, with a fifty-two week low recorded at $5.67 and a high of $12.79. Financially, the company holds a debt-to-equity ratio of 3.14, a quick ratio of 0.99, and a current ratio of 1.25, indicating its financial health. Enviri's market capitalization stands at approximately $549.86 million, with a PE ratio of -4.31, reflecting its current earnings situation, and a beta of 2.19, suggesting higher volatility compared to the market.

Enviri Co. (NYSE: NVRI) last reported its quarterly earnings on February 20, where it disclosed earnings per share (EPS) of -$0.04, surpassing analysts’ expectations of -$0.09 by a margin of $0.05. The company generated revenue totaling $558.71 million, though this fell short of the anticipated $578.98 million. Enviri's return on equity is documented at -0.90%, and it has a net margin of -5.46%. In the same quarter the previous year, the company reported an EPS of -$0.07. Analysts forecast that Enviri Co. will report an EPS of -$0.13 for the current year.

Insiders Make Moves

In related news, CFO Tom George Vadaketh made headlines by purchasing 40,297 shares of Enviri stock on March 14, buying them at an average price of $6.20 per share, amounting to a total cost of $249,841.40. Following this acquisition, Vadaketh increased his ownership to 132,431 shares, valued at approximately $821,072.20. This represents a 43.74% rise in his holdings. Additionally, Senior Vice President Russell C. Hochman bought 40,127 shares the same day, at an average cost of $6.27 per share, totaling $251,596.29. After this transaction, Hochman now owns 120,357 shares valued at roughly $754,638.39, marking a 50.01% increase in his stake. Interestingly, insiders currently hold about 1.70% of Enviri’s shares.

About Enviri Corporation

Enviri Corporation specializes in providing environmental solutions for industrial and specialty waste streams, both in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services through long-term contracts, focusing on material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing. It also manufactures and sells various products such as industrial abrasives, roofing granules, and scrap processing systems, along with providing meltshop services that include cleaning, slag removal, and general debris management.

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