Bates Thomas JR Buys TETRA Technologies Shares
Bates Thomas JR acquired 37,723 shares of TETRA Technologies, Inc. on June 12.
Key Points
- Bates Thomas JR bought 37,723 shares of TETRA Technologies, Inc. (NYSE:TTI) on June 12, 2026.
- TETRA Technologies, Inc. has a market cap of $1.5 billion and trades near $10.40.
- Analysts maintain a strong buy consensus with a mean target price of $12.50.
On June 12, 2026, Bates Thomas JR acquired 37,723 shares of TETRA Technologies, Inc. (NYSE:TTI). This insider transaction was not part of a pre-planned trading scheme and adds to Bates's holdings in the energy services company.
Insider Buying and Selling at TETRA Technologies, Inc.
Several insiders at TETRA Technologies were active on June 12, 2026. Alongside Bates Thomas JR, Christian Garcia and Angela John each purchased 37,723 shares, while John Glick sold 51,441 shares. None of these transactions were pre-planned.
Other Institutional Activity in TETRA Technologies
BlackRock, Inc. grew its holdings by 368,218 shares, ending with 11,610,529 shares worth about $98.9 million. Neuberger Berman Group LLC added 18,399 shares, bringing its total to 8,161,996 shares valued at approximately $69.5 million. In contrast, Ameriprise Financial Inc reduced its position by 1,398,973 shares, now holding 5,515,522 shares valued at $46.9 million.
TETRA Technologies Stock Snapshot
Shares of NYSE:TTI traded near $10.40. TETRA Technologies, Inc. has a market cap of approximately $1.5 billion and a high P/E ratio of 169.3, with a forward P/E of 24.4. The stock's 52-week range is between $3.17 and $12.54, with a 50-day moving average of $9.71 and a 200-day moving average of $8.63. The company maintains a current ratio of 2.02 and a quick ratio of 1.03, while its debt-to-equity ratio stands at 78.55.
Analysts Set New Price Targets
On January 21, 2026, Clear Street downgraded TETRA Technologies to a hold rating with an $11.00 price target. Stifel maintained its buy rating on January 12, 2026, with a target of $13.00. The consensus among analysts is a strong buy with a mean target price of $12.50, based on four analyst opinions.
About TETRA Technologies, Inc.
TETRA Technologies, Inc., based in Spring, Texas, operates as an energy services company. It provides completion fluids and water management services for the oil and gas industry. The company serves customers in the United States and internationally, with operations in Latin America, Europe, Asia, the Middle East, and Africa. Led by CEO Brady M. Murphy, TETRA employs around 1,400 people.
Bottom Line
Insider buying activity at TETRA Technologies, Inc. reflects ongoing interest in the company. With a market cap of $1.5 billion and a diverse international presence, TETRA remains a notable player in the energy services sector. Analysts' strong buy consensus and target price suggest positive sentiment despite recent insider transactions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.