The SVP, Strategic Development of Clean Energy Fuels (CLNE) is Buying Shares


Today, the SVP, Strategic Development of Clean Energy Fuels (NASDAQ: CLNE), Barclay Corbus, bought shares of CLNE for $21.1K.

Following this transaction Barclay Corbus’ holding in the company was increased by 1.91% to a total of $1.09 million.

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Based on Clean Energy Fuels’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $102 million and quarterly net profit of $12.22 million. In comparison, last year the company earned revenue of $89.49 million and had a net profit of $61.06 million. Currently, Clean Energy Fuels has an average volume of 1.51M.

Six different firms, including B.Riley FBR and Craig-Hallum, currently also have a Buy rating on the stock.

The insider sentiment on Clean Energy Fuels has been positive according to 35 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Clean Energy Fuels Corp. engages in the provision of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It also designs, builds, operates, serves, and repairs and maintains fueling stations; and manufactures, sells, and serves non-lubricated natural gas fueling compressors and other equipment used in CNG and LNG stations.

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