TETRA Technologies Insider Sharon Booth Sells Shares
Sharon Booth sold 37,723 shares of TETRA Technologies, Inc. on June 12, 2026.
Key Points
- Sharon Booth sold 37,723 shares of TETRA Technologies (NYSE:TTI) on June 12, 2026.
- TETRA Technologies trades near $10.40, with a market cap of $1.5 billion and a P/E ratio of 169.3.
- Analysts maintain a strong buy consensus with a target mean price of $12.50.
Sharon Booth, an insider at TETRA Technologies, Inc. (NYSE:TTI), sold 37,723 shares on June 12, 2026. This transaction did not occur under a prearranged trading plan, commonly known as a Rule 10b5-1 plan.
Other Institutional Activity in TETRA Technologies
Several major funds have adjusted their positions in TETRA Technologies. BlackRock, Inc. increased its holdings by 368,218 shares, ending with over 11.6 million shares valued at about $98.9 million. Neuberger Berman Group LLC added 18,399 shares, bringing its total to over 8.1 million shares worth approximately $69.5 million. Meanwhile, Ameriprise Financial Inc reduced its position significantly by 1,398,973 shares, leaving it with about 5.5 million shares valued at $46.9 million.
TETRA Technologies Stock Snapshot
Shares of TETRA Technologies, Inc. (NYSE:TTI) are trading around $10.40. The company has a market capitalization of approximately $1.5 billion and a P/E ratio of 169.3, reflecting its current earnings. The stock has experienced a 52-week range between $3.17 and $12.54, with a 50-day moving average of $9.71 and a 200-day moving average of $8.63. TETRA Technologies maintains a current ratio of 2.02 and a quick ratio of 1.028, with a debt-to-equity ratio of 78.55.
Recent Earnings
TETRA Technologies reported revenue of $630.0 million, with a slight decline in revenue growth of 0.6%. The company achieved a net margin of 1.16% and a return on equity of 3.04%. Earnings per share stood at $0.06. Investors are looking forward to the next earnings report, scheduled for July 28, 2026.
Insider Buying and Selling at TETRA Technologies, Inc.
In addition to Sharon Booth's sale, several other insiders were active on June 12, 2026. John Glick sold 51,441 shares, while Thomas Bates Jr. and Christian Garcia both executed transactions involving 37,723 shares. Angela John and Christian Garcia also bought 37,723 shares each.
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 with a $13.00 target on January 12, 2026. Overall, analysts have a strong buy consensus, with a mean price target of $12.50 based on four analyst opinions.
About TETRA Technologies
TETRA Technologies, Inc. is an energy services and solutions company based in Spring, Texas. It operates through two main segments: Completion Fluids & Products and Water & Flowback Services. The company supplies clear brine fluids and other products to the oil and gas industry and provides water management and production well testing services. TETRA Technologies was founded in 1981 and is led by CEO Brady M. Murphy, employing approximately 1,400 people.
Bottom Line
Sharon Booth's recent sale of shares is part of ongoing insider activity at TETRA Technologies, Inc. Investors may track such transactions for insights, but it's important to remember that these filings are backward-looking and may not reflect current positions. With a strong buy consensus and upcoming earnings, TETRA Technologies remains a company to watch in the energy services sector.
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.
