Ole Peter  Lorentzen net worth and biography

Ole Lorentzen Biography and Net Worth

Major Shareholder of Energy Recovery
Ole Peter Lorentzen is the Chairman and beneficial owner of Ludvig Lorentzen, an investment company that typically holds a concentrated portfolio of investments for seven to 15 years. Lorentzen has extensive experience in working with management teams and Boards to seek methods of enhancing value for all shareholders. He previously served on the Board of Directors of Energy Recovery from 2007 until the company went public in 2008. He has a bachelor's degree in business administration from Lund University in Sweden.

How do I contact Ole Peter Lorentzen?

The corporate mailing address for Mr. Lorentzen and other Energy Recovery executives is 1717 Doolittle Drive, San Leandro CA, 94577. Energy Recovery can also be reached via phone at (510) 483-7370 and via email at [email protected]. Learn More on Ole Peter Lorentzen's contact information.

Has Ole Peter Lorentzen been buying or selling shares of Energy Recovery?

Ole Peter Lorentzen has not been actively trading shares of Energy Recovery during the last ninety days. Most recently, Ole Peter Lorentzen sold 161,431 shares of the business's stock in a transaction on Thursday, July 1st. The shares were sold at an average price of $22.67, for a transaction totalling $3,659,640.77. Learn More on Ole Peter Lorentzen's trading history.

Who are Energy Recovery's active insiders?

Energy Recovery's insider roster includes As Arvarius (Major Shareholder), Sherif Foda (Director), Arve Hanstveit (Director), and Ole Lorentzen (Major Shareholder). Learn More on Energy Recovery's active insiders.

Are insiders buying or selling shares of Energy Recovery?

During the last year, Energy Recovery insiders bought shares 3 times. They purchased a total of 24,250 shares worth more than $356,062.50. During the last year, insiders at the industrial products company sold shares 24 times. They sold a total of 234,653 shares worth more than $3,671,215.99. The most recent insider tranaction occured on November, 11th when SVP Rodney Clemente sold 4,207 shares worth more than $84,392.42. Insiders at Energy Recovery own 4.1% of the company. Learn More about insider trades at Energy Recovery.

Information on this page was last updated on 11/11/2024.

Ole Peter Lorentzen Insider Trading History at Energy Recovery

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/1/2021Sell161,431$22.67$3,659,640.77View SEC Filing Icon  
5/12/2020Sell1,500,000$7.52$11,280,000.00View SEC Filing Icon  
12/12/2019Sell150,000$8.73$1,309,500.00View SEC Filing Icon  
3/12/2015Buy200,000$2.74$548,000.00View SEC Filing Icon  
11/12/2014Buy158,907$4.52$718,259.64View SEC Filing Icon  
11/6/2014Buy197,200$4.26$840,072.00View SEC Filing Icon  
9/3/2014Buy735,000$4.38$3,219,300.00View SEC Filing Icon  
5/7/2014Buy1,000,000$5.21$5,210,000.00View SEC Filing Icon  
2/18/2014Buy100,000$4.17$417,000.00View SEC Filing Icon  
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Ole Peter Lorentzen Buying and Selling Activity at Energy Recovery

This chart shows Ole Peter Lorentzen's buying and selling at Energy Recovery by year and by quarter.

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Energy Recovery Company Overview

Energy Recovery logo
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. It sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to original equipment manufacturers, supermarket chains, cold storage facilities, refrigeration system installers, and other industrial users; aftermarket customers consisting of desalination plant owners and operators; and project developers, end-users, and industry consultants, as well as engineering, procurement, and construction firms. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.
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Today's Range

Now: $15.57
Low: $15.10
High: $15.65

50 Day Range

MA: $17.78
Low: $14.66
High: $19.93

2 Week Range

Now: $15.57
Low: $12.26
High: $20.27

Volume

2,712,680 shs

Average Volume

434,720 shs

Market Capitalization

$901.35 million

P/E Ratio

45.79

Dividend Yield

N/A

Beta

1.22