Clean Energy Fuels Corp. (NASDAQ:CLNE) CEO Andrew Littlefair acquired 127,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were purchased at an average cost of $12.69 per share, with a total value of $1,611,630.00. Following the completion of the transaction, the chief executive officer now directly owns 477,049 shares in the company. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) in a research note to investors on Wednesday, July 10th. They now have a $14.00 price target on the stock, up previously from $12.00. Analysts at Raymond James reiterated an “underperform” rating on shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) in a research note to investors on Friday, June 28th.
Two analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $14.79.
Clean Energy Fuels Corp. (NASDAQ:CLNE) traded down 1.58% on Monday, hitting $12.43. The stock had a trading volume of 716,857 shares. Clean Energy Fuels Corp. has a 52 week low of $10.90 and a 52 week high of $14.82. The stock has a 50-day moving average of $12.67 and a 200-day moving average of $13.00. The company’s market cap is $1.110 billion.
Clean Energy Fuels Corp. (NASDAQ:CLNE) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.04. The company had revenue of $88.10 million for the quarter, compared to the consensus estimate of $87.23 million. During the same quarter last year, the company posted ($0.16) earnings per share. Clean Energy Fuels Corp.’s revenue was up 26.2% compared to the same quarter last year. Analysts expect that Clean Energy Fuels Corp. will post $-0.40 EPS for the current fiscal year.
Clean Energy Fuels Corp., incorporated in April 2001, is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada, based on the number of stations operated and the amount of gasoline gallon equivalents of compressed natural gas (NASDAQ:CLNE), and liquefied natural gas (LNG), delivered.
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