Clean Energy Fuels Corp. (NASDAQ:CLNE) SVP Barclay Corbus purchased 10,000 shares of the company’s stock in a transaction on Monday, August 7th. The stock was purchased at an average price of $2.29 per share, for a total transaction of $22,900.00. Following the purchase, the senior vice president now directly owns 402,370 shares of the company’s stock, valued at approximately $921,427.30. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Barclay Corbus also recently made the following trade(s):

  • On Wednesday, May 31st, Barclay Corbus purchased 10,000 shares of Clean Energy Fuels Corp. stock. The stock was purchased at an average price of $2.26 per share, for a total transaction of $22,600.00.

Clean Energy Fuels Corp. (NASDAQ CLNE) opened at 2.395 on Tuesday. The company’s 50 day moving average is $2.66 and its 200-day moving average is $2.56. The firm has a market cap of $360.44 million, a price-to-earnings ratio of 6.902 and a beta of 1.87. Clean Energy Fuels Corp. has a 1-year low of $2.18 and a 1-year high of $4.80.

Clean Energy Fuels Corp. (NASDAQ:CLNE) last released its quarterly earnings results on Thursday, August 3rd. The utilities provider reported ($0.10) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.02. The firm had revenue of $81 million for the quarter, compared to analyst estimates of $86.97 million. Clean Energy Fuels Corp. had a net margin of 7.24% and a return on equity of 5.14%. The company’s revenue for the quarter was down 25.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. On average, analysts predict that Clean Energy Fuels Corp. will post $0.00 EPS for the current fiscal year.

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Several institutional investors have recently made changes to their positions in CLNE. Metropolitan Life Insurance Co. NY increased its position in shares of Clean Energy Fuels Corp. by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 73,674 shares of the utilities provider’s stock worth $211,000 after buying an additional 222 shares in the last quarter. Malaga Cove Capital LLC increased its position in shares of Clean Energy Fuels Corp. by 1.0% in the first quarter. Malaga Cove Capital LLC now owns 297,689 shares of the utilities provider’s stock worth $759,000 after buying an additional 3,000 shares in the last quarter. American International Group Inc. increased its position in shares of Clean Energy Fuels Corp. by 7.7% in the first quarter. American International Group Inc. now owns 54,273 shares of the utilities provider’s stock worth $138,000 after buying an additional 3,864 shares in the last quarter. Bank of America Corp DE increased its position in shares of Clean Energy Fuels Corp. by 12.4% in the first quarter. Bank of America Corp DE now owns 57,958 shares of the utilities provider’s stock worth $148,000 after buying an additional 6,407 shares in the last quarter. Finally, Brave Asset Management Inc. increased its position in shares of Clean Energy Fuels Corp. by 19.2% in the second quarter. Brave Asset Management Inc. now owns 43,500 shares of the utilities provider’s stock worth $110,000 after buying an additional 7,000 shares in the last quarter. 33.38% of the stock is owned by institutional investors.

Several brokerages have commented on CLNE. BidaskClub lowered shares of Clean Energy Fuels Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Clean Energy Fuels Corp. from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a research note on Monday. Finally, ValuEngine lowered shares of Clean Energy Fuels Corp. from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $4.95.

Clean Energy Fuels Corp. Company Profile

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 and maintenance (O&M) services for natural gas fueling stations.

Insider Buying and Selling by Quarter for Clean Energy Fuels Corp. (NASDAQ:CLNE)

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