Blackrock Inc. is the biggest holder of TETRA Technologies, Inc. (TTI)

TETRA Technologies, Inc. (NYSE:TTI) reached 70.54% versus a 1-year low price of $1.29. The stock was last seen 3.77% higher, reaching at $2.2 on 01/09/2019. At recent session, the prices were hovering between $2.1 and $2.23. This company shares are 169.09% off its target price of $5.92 and the current market capitalization stands at $276.52M. The recent change has given its price a -5% deficit over SMA 50 and -56.9% deficit over its 52-week high. The stock witnessed 8.37% gains, -44.3% declines and -54.17% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TTI’s volatility during a week at 9.08% and during a month it has been found around 8.74%.

TETRA Technologies, Inc. (TTI) Top Holders

Institutional investors currently hold around $225 million or 85.3% in TTI stock. Look at its top three institutional owners. Blackrock Inc. owns $39.17 million in TETRA Technologies, Inc., which represents roughly 14.17% of the company’s market cap and approximately 17.41% of the institutional ownership. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 10,675,312 shares of the stock are valued at $22.63 million. The third largest holder is Vanguard Group Inc, which currently holds $21.24 million worth of this stock and that ownership represents nearly 7.68% of its market capitalization.

TETRA Technologies, Inc. 13F Filings

At the end of September reporting period, 74 institutional holders increased their position in TETRA Technologies, Inc. (NYSE:TTI) by some 6,757,483 shares, 67 decreased positions by 5,791,509 and 32 held positions by 93,669,277. That puts total institutional holdings at 106,218,269 shares, according to SEC filings. The stock grabbed 19 new institutional investments totaling 976,512 shares while 18 institutional investors sold out their entire positions totaling 1,024,166 shares.

TETRA Technologies, Inc. (NYSE:TTI) Insider Trades

Multiple company employees have indulged in significant insider trading. TETRA Technologies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO Brightman Stuart M has acquired 100,000 shares of TETRA Technologies, Inc. (TTI) in trading session dated Dec. 28, 2018. These shares are worth $141,000 and were traded at $1.41 each. The SEC filing shows that Coombs Paul D performed a purchase of 150,000 shares. The Director added these shares by way of transaction on Dec. 27, 2018. The company’s shares were assimilated at $1.38 per share worth to an investment of some $207,000 on account of Coombs Paul D.

Director, Bates Thomas R Jr, purchased 100,000 common shares of TETRA Technologies, Inc. (TTI) in the open market. In a transaction dated Dec. 26, 2018, the shares were bought at an average price of $1.34, giving away a sum of $134,000. After this purchase, 243,044 common shares of TTI are directly owned by the insider, with total stake valued at $534,697.

In the transaction dated Sep. 19, 2018, the great number of shares acquired came courtesy the Director; Bates Thomas R Jr added a total of 10,000 shares at an average price of $4.38, amounting to approximately $43,800. The insider now directly owns 143,044 shares worth $314,697.

TETRA Technologies, Inc. (TTI) Analyst Guide

Several analysts have released their opinion on TETRA Technologies, Inc. (NYSE:TTI), with 2 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 8 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.