Schmitz John, an insider at Select Water Solutions Inc (WTTR), sold 1,890,164 shares of the company on November 9, 2025, at a price of $11.04 per share, totaling approximately $20.87 million. Following this transaction, Schmitz retains an equal number of shares in the company.
Such decisions reflect various personal or financial strategies, including diversification or tax planning. While large insider sales can attract investor attention, they do not inherently signal negative sentiment toward the company. It's important to consider insider transactions as part of a broader context, rather than as standalone indicators.
Select Water Solutions, headquartered in Gainesville, Texas, specializes in water management and chemical solutions within the energy sector. The company operates across three segments: Water Infrastructure, Water Services, and Chemical Technologies. As of November 7, 2025, WTTR has a market capitalization of $1.4 billion and a P/E ratio of 41.54, with an EPS of 0.32. The upcoming earnings report is scheduled for August 2, 2026, with an estimated EPS of $0.14 and projected revenue of $347.4 million.
Insider transactions like this one must be reported to the SEC, providing transparency into the actions of company executives. Investors are encouraged to analyze patterns of insider activity across multiple insiders and time periods to gain a more comprehensive understanding of market signals.