ARIS - Sell Alert: Amanda Brock Cashes Out $3.32M In Aris Water Solutions Stock | Benzinga
Making a noteworthy insider sell on May 14, Amanda Brock, President and CEO at Aris Water Solutions (NYSE:ARIS), is reported in the latest SEC filing.
What Happened: Brock opted to sell 200,000 shares of Aris Water Solutions, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The transaction's total worth stands at $3,316,048.
As of Wednesday morning, Aris Water Solutions shares are down by 2.46%, currently priced at $16.29.
About Aris Water Solutions
Aris Water Solutions Inc is an environmental infrastructure and solutions company that helps customers reduce their water and carbon footprints. It has two primary revenue streams. The Produced Water Handling business gathers, transports, and, unless recycled, handles produced water generated from oil and natural gas production. The Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water.
Aris Water Solutions: Financial Performance Dissected
Revenue Growth: Aris Water Solutions displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 12.92%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags ...