The insider sales are routine and immaterial in size. The Q1 earnings showed sequential improvement but YoY revenue decline and flat net income. Watch for Q2 2026 results to see if the raised Water Infrastructure guidance materializes and whether consolidated revenue growth resumes YoY.
Price Chart
Executive Summary
Two insiders at Select Water Solutions sold a combined $795K in open-market sales within a week of the company reporting strong Q1 2026 results. The sales represent 0.03% of market cap, which is trivial and routine. The earnings release showed revenue up 6% sequentially and net income improved to $9.4M from a loss, but revenue declined 2% YoY and net income was flat YoY, making the overall picture mixed.
Key Financial Metrics
Key Facts
- Chief Accounting Officer Brian Szymanski sold 20,000 shares at $17.04 for $341K on May 11, 2026
- Director Robin H. Fielder sold 27,010 shares at $16.80 for $454K on May 8, 2026
- Total insider sales of $795K represent 0.03% of WTTR's $2.4B market cap
- Q1 2026 revenue was $366M, up 6% sequentially but down 2% YoY from $374.4M
- Q1 2026 net income was $9.4M vs $9.6M in Q1 2025 — essentially flat YoY
- Company raised full-year Water Infrastructure segment growth guidance to 25-30% YoY
- Announced $28.6M of acquisitions in the Northern Delaware Basin closed in early May
Financial Impact
Insider sales of $795K are negligible relative to $2.4B market cap — no material economic impact
Risk Factors
- YoY revenue decline of 2% in Q1 2026 despite strong sequential growth
- Net income essentially flat YoY at $9.4M vs $9.6M
- Increased capex guidance to $200-250M for 2026 may pressure free cash flow
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WTTR-1778635975722 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $17.54 | awaiting T+5 | — | $18.75 (+6.90%) |
Oct 15, 2026 10d ago | 8-K | $18.58 $18.14 | ▼ −2.37% | ▼ −1.94% | $18.75 (+0.91%) |
Oct 13, 2026 13d ago | 8-K | $19.35 $18.76 | ▼ −3.05% | ▼ −1.90% | $18.75 (−3.10%) |
Oct 8, 2026 18d ago | SC 13G/A | $19.60 $18.20 | ▼ −7.14% | ▼ −6.87% | $18.75 (−4.34%) |
Sep 24, 2026 4w ago | 8-K | $19.84 $19.95 | ▲ +0.55% | ▲ +0.78% | $18.75 (−5.49%) |
Jul 1, 2026 16w ago | 144 | $17.99 $19.17 | ▼ −6.56% | ▼ −5.63% | $18.75 (−4.22%) |
Jun 11, 2026 19w ago | Institutional Cluster | $18.47 $18.04 | ▼ −2.33% | ▼ −2.76% | $18.75 (+1.52%) |
Jun 1, 2026 20w ago | 8-K | $18.86 $18.32 | ▼ −2.86% | ▲ +0.10% | $18.75 (−0.58%) |
May 21, 2026 22w ago | Insider Cluster | $19.28 $18.38 | ▲ +4.67% | ▲ +6.33% | $18.75 (+2.75%) |
May 14, 2026 23w ago | 144 | $18.96 $19.28 | ▲ +1.69% | ▲ +0.72% | $18.75 (−1.11%) |
US Market Status
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