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TETRA Technologies sees strong institutional ownership with 72% stake

EditorNikhilesh Pawar
Published 11/21/2023, 11:10 PM
© Reuters.
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Institutional investors have taken a substantial position in TETRA Technologies, Inc., a clear sign of confidence in the company's future prospects. Notable entities like BlackRock (NYSE:BLK), Inc. and Fuller & Thaler Asset Management, alongside individual investor Jack Yetiv, collectively hold a 72% stake in the firm. CEO Brady Murphy also has skin in the game with 1.4% ownership of the company's shares.

Retail investors are not left behind, holding a significant 19% of the company's equity. Insiders possess shares worth approximately $59 million within the $617 million company, indicating their interests are closely tied to those of other shareholders.

Analysts' projections are pivotal in assessing TETRA Technologies' potential, as they complement historical earnings and revenue data to evaluate past performance and identify any potential risks associated with crowded trades.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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