Insider Selling: Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Director Sells $147,527.52 in Stock

Heritage-Crystal Clean, Inc (NASDAQ:HCCI – Get Rating) Director Robert W. Willmschen, Jr. sold 3,984 shares of the stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of $37.03, for a total value of $147,527.52. Following the transaction, the director now directly owns 50,691 shares in the company, valued at approximately $1,877,087.73. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Heritage-Crystal Clean Stock Performance

HCCI opened at $35.63 on Monday. The stock’s 50 day moving average price is $36.38 and its two-hundred day moving average price is $32.54. The company has a quick ratio of 1.30, a current ratio of 1.65 and a debt-to-equity ratio of 0.21. Heritage-Crystal Clean, Inc has a 12-month low of $24.00 and a 12-month high of $38.85. The firm has a market capitalization of $867.59 million, a P/E ratio of 9.98, a price-to-earnings-growth ratio of 0.80 and a beta of 1.19.

Institutional Trading of Heritage-Crystal Clean

A number of hedge funds have recently modified their holdings of the company. ArrowMark Colorado Holdings LLC lifted its position in shares of Heritage-Crystal Clean by 6.9% in the 4th quarter. ArrowMark Colorado Holdings LLC now owns 1,393,049 shares of the industrial products company’s stock worth $45,246,000 after acquiring an additional 89,308 shares during the period. Royce & Associates LP lifted its position in shares of Heritage-Crystal Clean by 0.8% in the 3rd quarter. Royce & Associates LP now owns 1,153,826 shares of the industrial products company’s stock worth $34,119,000 after acquiring an additional 9,034 shares during the period. Cannell Capital LLC lifted its position in shares of Heritage-Crystal Clean by 32.0% in the 1st quarter. Cannell Capital LLC now owns 1,122,788 shares of the industrial products company’s stock worth $33,246,000 after acquiring an additional 271,887 shares during the period. BlackRock Inc. lifted its position in shares of Heritage-Crystal Clean by 1.5% in the 3rd quarter. BlackRock Inc. now owns 1,115,475 shares of the industrial products company’s stock worth $32,983,000 after acquiring an additional 16,304 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Heritage-Crystal Clean by 5.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,111,269 shares of the industrial products company’s stock worth $36,094,000 after acquiring an additional 54,826 shares during the period. Institutional investors own 61.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on HCCI shares. Robert W. Baird raised their target price on Heritage-Crystal Clean from $42.00 to $43.00 and gave the company an “outperform” rating in a report on Tuesday, March 7th. Needham & Company LLC raised their target price on Heritage-Crystal Clean from $40.00 to $41.00 and gave the company a “buy” rating in a report on Friday, March 3rd. Finally, DA Davidson started coverage on Heritage-Crystal Clean in a report on Tuesday, January 10th. They issued a “buy” rating and a $40.00 target price on the stock. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $42.25.

Heritage-Crystal Clean Company Profile

(Get Rating)

Heritage-Crystal Clean, Inc engages in the provision of parts cleaning and waste management services to the manufacturing and vehicle service sectors. It operates through the Environmental Services, and Oil Business segments. The Environmental Services segment includes parts cleaning, containerized waste management, vacuum truck services, antifreeze recycling activities, and field services.