Select Water Solutions (NYSE:WTTR) COO Michael Skarke Sells 90,000 Shares

13 May 2026, 06:14 by Scott Moore · The Cerbat Gem

Select Water Solutions, Inc. (NYSE:WTTR – Get Free Report) COO Michael Skarke sold 90,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $17.31, for a total transaction of $1,557,900.00. Following the sale, the chief operating officer directly owned 380,738 shares in the company, valued at $6,590,574.78. This trade represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Michael Skarke also recently made the following trade(s):

On Tuesday, May 12th, Michael Skarke sold 20,000 shares of Select Water Solutions stock. The shares were sold at an average price of $17.78, for a total transaction of $355,600.00.

Select Water Solutions Price Performance

NYSE:WTTR opened at $18.05 on Wednesday. Select Water Solutions, Inc. has a one year low of $7.82 and a one year high of $18.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.42 and a current ratio of 1.92. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 85.93 and a beta of 0.99. The firm’s fifty day moving average is $15.28 and its two-hundred day moving average is $12.81.

Select Water Solutions (NYSE:WTTR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The business had revenue of $365.96 million during the quarter, compared to the consensus estimate of $344.63 million. Select Water Solutions had a net margin of 1.54% and a return on equity of 2.21%. The company’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.08 earnings per share. Research analysts expect that Select Water Solutions, Inc. will post 0.29 EPS for the current year.

Select Water Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 13th. Shareholders of record on Thursday, April 30th will be given a $0.07 dividend. The ex-dividend date is Thursday, April 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.6%. Select Water Solutions’s dividend payout ratio is 133.33%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in Select Water Solutions by 2.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,550,309 shares of the company’s stock valued at $100,220,000 after acquiring an additional 185,821 shares in the last quarter. Swiss National Bank grew its stake in Select Water Solutions by 19.7% during the 1st quarter. Swiss National Bank now owns 223,100 shares of the company’s stock valued at $3,413,000 after acquiring an additional 36,700 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Select Water Solutions during the 1st quarter valued at about $1,008,000. Clare Market Investments LLC purchased a new stake in Select Water Solutions during the 1st quarter valued at about $708,000. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT purchased a new stake in Select Water Solutions during the 1st quarter valued at about $6,426,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on WTTR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Select Water Solutions in a research report on Wednesday, April 8th. Raymond James Financial reiterated a “strong-buy” rating and issued a $24.00 price objective on shares of Select Water Solutions in a research report on Thursday, May 7th. Piper Sandler upped their price target on shares of Select Water Solutions from $14.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Northland Securities set a $21.00 price target on shares of Select Water Solutions in a research report on Thursday, May 7th. Finally, Citigroup upped their price target on shares of Select Water Solutions from $18.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $21.25.

Get Our Latest Stock Analysis on WTTR

Select Water Solutions Company Profile

(Get Free Report)

Select Water Solutions, Inc, headquartered in Houston, Texas, is a water management services provider primarily serving the oil and gas industry. Formerly operating under the name Select Energy Services, the company rebranded to reflect its core focus on water treatment, recycling and disposal. Since its inception in 2016, Select Water Solutions has expanded to key U.S. basins—including the Permian, Eagle Ford, Marcellus and DJ Basin—and maintains strategic operations in select international regions.