ERII Energy Recovery, Inc. Insider Trading

Director Colin R Sabol buys 11,180 shares of ERII at $8.88; stock now -50.9% from 52-week high, down 7.6% in 90 days.

Colin R Sabol, a director at Energy Recovery Inc., purchased 11,180 shares at $8.88 on 2026-06-15, increasing his holdings by 25.1% to 55,671 shares. The transaction occurs as ERII trades at $8.99, which is -50.9% from its 52-week high of $18.32 and -7.6% lower than 90 days ago. The company is currently unprofitable with a net loss of $12.3M against quarterly revenue of $9.7M, and annual revenue declined 6.9% year-over-year. Sabol's prior two purchases at ERII (in November 2023) both failed to generate positive 90-day returns, with outcomes of -15.8% and -12.8% respectively—neither purchase proved well-timed. This latest buy at a depressed price point follows a pattern of unsuccessful timing on the same ticker, providing limited confidence in the directional signal.

Director Tondreau buys 20,000 shares of ERII at $8.34, totaling $166,840.00, near the 52-week low with stock -54.1% from its peak.

Pamela L. Tondreau, a Director at Energy Recovery, Inc., purchased 20,000 shares at $8.34 on 2026-05-13 for a total of $166,840.00, more than doubling her position from 17,362 shares to 37,362 shares. The purchase was made with ERII trading -54.1% below its 52-week high of $18.32 and following a 90-day decline of -46.1%, placing the transaction near the low end of the 52-week range of $8.14–$18.32. Tondreau's cross-ticker open-market buy history shows 2 prior buys with an avg 90-day return of +16.5% and a 90-day win rate of 100.00%, though this cross-ticker record reflects a small sample and is distinct from her ticker-specific history at ERII. At ERII specifically, she has 2 prior recorded trades: a May 2025 buy that produced a 90-day return of +16.5%, and a November 2023 buy whose outcome is not yet measurable; the fundamentals show the company posting net income of $-12,251,000.00 on revenue of $9,706,000.00 in the latest quarter with annual revenue growth of -6.9%, context that investors will weigh alongside the director's purchase size.

Director Hanstveit sold 165,292 shares at $10.14 for $1.7M, reducing stake 30.0%; stock down 42.5% from $18.11 high

Director Arve Hanstveit sold 165,292 shares at $10.14 on 2026-04-02 with a post-transaction holding of 384,928 shares, representing a 30.0% reduction of his prior position. The sale occurred at a price 2.7% below the current market price of $10.42 and significantly below the 52-week high of $18.11—the stock has declined 42.5% from its peak and 27.7% over the past 90 days. Against a backdrop of deteriorating momentum (90-day change: -27.7%), a narrowing P/E of 28.16, and recent annual revenue contraction of -6.9%, the substantial reduction in this director's holdings reflects material portfolio adjustment at a depressed valuation. The size and timing warrant scrutiny given the company's recent financial headwinds and the director's continued but materially reduced exposure.

Director Pamela L. Tondreau purchases 4,200 shares of ERII at $12.28; stock down 38.4% from 52-week high, company reports $-9.9M net loss this quarter.

Tondreau purchased 4,200 shares at $12.28 on 2025-05-14, increasing her holdings to 41,043 shares. The transaction occurred at a price -38.4% from the 52-week high of $19.93 and -18.6% below the 30-day average. Energy Recovery reported revenue of $8,065,000.00 in the latest quarter but a net loss of $-9,880,000.00, indicating the company is unprofitable. Tondreau's prior buy at ERII on 2023-11-07 returned -18.9% over 90 days, establishing a pattern of purchases that have not recovered within the tracked period. The company's annual revenue growth of +12.9% suggests operational scaling, yet current losses and depressed valuation relative to recent highs warrant monitoring of whether this director purchase signals confidence in a turnaround or reflects other considerations.

CEO David W Moon purchases 4,200 shares of ERII at $12.20; stock down -38.4% from 52-week high, CEO holdings increase to 37.0K shares

Moon David W, President and CEO, purchased 4,200 shares at $12.20 on 2025-05-13, increasing his holdings from 32.8K to 37.0K shares (+12.8%). The stock is trading at $12.28 (current), down -38.4% from its 52-week high of $19.93 and down -18.6% over the past 30 days. Moon's prior trades at ERII show a mixed pattern: his 2024-08-05 buy delivered +15.8% over 90 days, his 2024-05-07 buy delivered +19.1%, but his 2024-02-27 buy returned -12.4% at the 90-day mark—2 of 3 prior trades were well-timed at the 90-day measure. Fundamentally, the company posted $8.1M quarterly revenue with a -$9.9M net loss, though annual revenue grew +12.9% year-over-year. The CEO's purchase arrives during a period of significant stock depreciation and negative near-term momentum, yet his same-ticker history suggests his prior accumulations at lower prices eventually generated gains for at least two-thirds of his prior 90-day windows.

CEO Moon David W purchased 3,000 shares of ERII at $16.00; stock now $15.95, down 42.9% from 52-week high.

CEO Moon David W purchased 3,000 shares at $16.00 on 2024-08-05, increasing his holdings from 29,750 to 32,750 shares (+10.1%). This marks his fourth open-market purchase at ERII in less than a year. However, the stock's fundamentals show a company in financial strain: net income stands at -$642,000 on quarterly revenue of $27.2M, with a high P/E of 44.31 suggesting elevated valuation relative to earnings. The trade timing reveals a cautionary pattern—of three prior buys at ERII since November 2023, only one (May 2024) delivered positive 90-day returns; the others saw declines of 12.4% and 16.3% within 90 days. At $15.95 today, the stock trades 42.9% below its 52-week high despite a recent 30-day surge of +25.8%, raising questions about the sustainability of the rebound and the wisdom of accumulation at this juncture.