As Arvarius, 10% Owner at Energy Recovery, Inc. (ERII), sold 2,000,000 shares at $7.91 ($15.8M) on 2008-07-08, disclosed to the SEC on 2008-07-08.
Open-market sale of $15.8M 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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