Clean Energy Fuels Corp. (NASDAQ:CLNE)’s share price fell 4.8% during trading on Friday . The company traded as low as $4.11 and last traded at $4.14, with a volume of 3,543,961 shares traded. The stock had previously closed at $4.35.

A number of research firms have recently commented on CLNE. Zacks Investment Research raised Clean Energy Fuels Corp. from a “hold” rating to a “strong-buy” rating and set a $4.00 price target for the company in a report on Monday, August 15th. Dundee Securities reissued a “buy” rating and set a $5.80 price target on shares of Clean Energy Fuels Corp. in a report on Wednesday, August 10th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $5.20.

The firm has a 50 day moving average price of $3.32 and a 200 day moving average price of $3.09. The stock’s market cap is $552.30 million.

Clean Energy Fuels Corp. (NASDAQ:CLNE) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.17. The firm had revenue of $108 million for the quarter, compared to the consensus estimate of $94.33 million. Clean Energy Fuels Corp.’s revenue for the quarter was up 24.4% on a year-over-year basis. During the same period last year, the company posted ($0.29) earnings per share. Equities research analysts forecast that Clean Energy Fuels Corp. will post ($0.17) earnings per share for the current fiscal year.

In related news, SVP Barclay Corbus purchased 12,500 shares of the business’s stock in a transaction dated Wednesday, August 17th. The stock was purchased at an average cost of $4.04 per share, with a total value of $50,500.00. Following the completion of the acquisition, the senior vice president now directly owns 163,879 shares of the company’s stock, valued at $662,071.16. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Warren I. Mitchell purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, August 17th. The stock was bought at an average cost of $4.01 per share, with a total value of $40,100.00. Following the completion of the acquisition, the director now directly owns 90,100 shares of the company’s stock, valued at $361,301. The disclosure for this purchase can be found here.

A hedge fund recently raised its stake in Clean Energy Fuels Corp. stock. State of New Jersey Common Pension Fund D increased its position in Clean Energy Fuels Corp. (NASDAQ:CLNE) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,800,000 shares of the company’s stock after buying an additional 400,000 shares during the period. State of New Jersey Common Pension Fund D owned 3.09% of Clean Energy Fuels Corp. worth $10,080,000 at the end of the most recent reporting period.

Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation, repair and maintenance (O&M) services for vehicle fleet customer stations.

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