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Envestnet cuts stake in ChampionX, but the company beats earnings estimates, trading at $24.48 with a $4.67B market cap.
Envestnet Asset Management Inc. decreased its stake in oil and gas company ChampionX Co. (NASDAQ:CHX) by 8.7% in Q4, while Keystone Financial Group increased its holdings by 31.4%.
ChampionX reported earnings per share (EPS) of $0.50 for its latest quarter, topping estimates.
The stock opened at $24.48 on Tuesday, with a market cap of $4.67 billion.
Analysts predict ChampionX will post 1.92 EPS for the year.
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Envestnet reduce la participación en ChampionX, pero la compañía supera las estimaciones de ingresos, con un comercio de $24.48 con un tope de mercado de $4.67B.