As Arvarius, 10% Owner at Energy Recovery, Inc. (ERII), sold 3,000,000 shares at $6.06 ($18.2M) on 2010-03-18, disclosed to the SEC on 2010-03-19.
Open-market sale of $18.2M ERII by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
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