Ann G. Fox Sells 60,358 Shares of Nine Energy Service, Inc. (NYSE:NINE) Stock

Nine Energy Service, Inc. (NYSE:NINE) insider Ann G. Fox sold 60,358 shares of Nine Energy Service stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $1.00, for a total value of $60,358.00. Following the completion of the transaction, the insider now owns 697,935 shares in the company, valued at $697,935. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Nine Energy Service Trading Up 10.0 %

Shares of NYSE:NINE opened at $1.43 on Friday. Nine Energy Service, Inc. has a 12-month low of $0.75 and a 12-month high of $3.26. The business’s fifty day simple moving average is $1.12 and its 200-day simple moving average is $1.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NINE. Jaffetilchin Investment Partners LLC grew its stake in Nine Energy Service by 89.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 113,424 shares of the company’s stock worth $191,000 after buying an additional 53,657 shares during the last quarter. Virtu Financial LLC grew its stake in Nine Energy Service by 352.9% during the 1st quarter. Virtu Financial LLC now owns 58,535 shares of the company’s stock worth $131,000 after buying an additional 45,611 shares during the last quarter. Great Valley Advisor Group Inc. purchased a new position in Nine Energy Service during the 2nd quarter worth $34,000. XTX Topco Ltd purchased a new position in Nine Energy Service during the 2nd quarter worth $32,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new position in Nine Energy Service during the 2nd quarter worth $31,000. 57.61% of the stock is currently owned by hedge funds and other institutional investors.

Nine Energy Service Company Profile

Nine Energy Service, Inc operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. It offers cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well.