Is Cooper Tire & Rubber Company (CTB) Stock a Buy after Robert Welding’s Insider Deal?; Select Energy Services Class A (WTTR) SI Decreased By 17.96%

Select Energy Services Inc Class A (NYSE:WTTR) had a decrease of 17.96% in short interest. WTTR’s SI was 2.25 million shares in March as released by FINRA. Its down 17.96% from 2.75M shares previously. With 444,900 avg volume, 5 days are for Select Energy Services Inc Class A (NYSE:WTTR)’s short sellers to cover WTTR’s short positions. The stock increased 2.43% or $0.33 during the last trading session, reaching $13.91. About 550,293 shares traded or 22.62% up from the average. Select Energy Services, Inc. (NYSE:WTTR) has 0.00% since March 12, 2017 and is . It has underperformed by 16.70% the S&P500.

It was announced in a legally required form that was submitted to the Washington-based SEC that Robert Welding, who works for Cooper Tire & Rubber Co, and serves as director did an insider deal on March 12, 2018. He bought 1,500 shares of the Ohio-based company based on an average price of $32.3 U.S. Dollars per every share. As published in the form available for free here, the full amount of the deal was $48,443 U.S. Dollars. And, It’s sure Robert’s investment isn’t going to remain unseen as he currently is having 3,000 shares – ( 0.01% of Cooper Tire & Rubber Co’s Market Cap ).

Select Energy Services, Inc., an oilfield services company, provides water solutions to the United States unconventional gas and oil industry. The company has market cap of $1.48 billion. The firm operates through three divisions: Water Solutions, Accommodations and Rentals, and Wellsite Completion and Construction Services. It has a 0.26 P/E ratio. The Water Solutions segment provides water solutions, including the sourcing of water; the transfer of the water to the wellsite through permanent pipeline infrastructure and temporary pipe; the containment of fluids off-and on-location; measuring and monitoring of water; the filtering and treatment of fluids, well testing, and handling of flowback and produced formation water; and the transportation and recycling or disposal of drilling, completion, and production fluids.

Among 3 analysts covering Select Energy Services (NYSE:WTTR), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Select Energy Services had 4 analyst reports since July 21, 2017 according to SRatingsIntel. The stock of Select Energy Services, Inc. (NYSE:WTTR) has “Sell” rating given on Wednesday, September 27 by Citigroup. The company was reinitiated on Friday, December 8 by Bank of America. The stock has “Neutral” rating by JP Morgan on Tuesday, September 12. The stock of Select Energy Services, Inc. (NYSE:WTTR) has “Buy” rating given on Friday, July 21 by Citigroup.

Cooper Tire & Rubber Company, together with its subsidiaries, designs, makes, and markets replacement tires in North America, Latin America, Europe, and Asia. The company has market cap of $1.63 billion. The firm operates through Americas Tire Operations and International Tire Operations divisions. It has a 17.78 P/E ratio. It makes and markets passenger car, light truck, motorcycle, and racing tires, as well as tire retread material; and distributes tires for racing, medium trucks, and motorcycles.

Among 9 analysts covering Cooper Tire (NYSE:CTB), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Cooper Tire has $53 highest and $35.0 lowest target. $43.57’s average target is 35.42% above currents $32.175 stock price. Cooper Tire had 32 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, May 2 by JP Morgan. The firm has “Hold” rating given on Monday, August 7 by Jefferies. Standpoint Research initiated the shares of CTB in report on Friday, May 27 with “Buy” rating. The rating was maintained by Deutsche Bank with “Hold” on Monday, August 7. The company was maintained on Friday, August 7 by Deutsche Bank. The stock of Cooper Tire & Rubber Company (NYSE:CTB) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, April 7. The stock has “Hold” rating by Jefferies on Tuesday, October 31. The rating was downgraded by Northcoast to “Neutral” on Wednesday, April 19. The stock has “Neutral” rating by JP Morgan on Wednesday, February 24. The rating was upgraded by Standpoint Research to “Accumulate” on Tuesday, June 20.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.24, from 0.81 in 2017Q2. It is positive, as 35 investors sold Cooper Tire & Rubber Company shares while 76 reduced holdings. 21 funds opened positions while 69 raised stakes. 51.55 million shares or 0.86% more from 51.11 million shares in 2017Q2 were reported. Gabelli Funds Limited Com stated it has 0.05% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB). Louisiana State Employees Retirement stated it has 0.02% in Cooper Tire & Rubber Company (NYSE:CTB). Vigilant Mngmt Ltd Co owns 1,225 shares or 0.01% of their US portfolio. Horrell Mngmt stated it has 28,070 shares. Prudential Financial owns 35,742 shares for 0% of their portfolio. Cantab Ptnrs Llp holds 0.11% or 20,024 shares. J Goldman Ltd Partnership invested in 16,000 shares. Minnesota-based Advantus Cap Management Inc has invested 0.01% in Cooper Tire & Rubber Company (NYSE:CTB). Cubist Systematic Strategies Lc invested in 1,100 shares. 11,150 are held by Thrivent For Lutherans. Great West Life Assurance Com Can accumulated 30,931 shares. Bancorporation Of New York Mellon owns 801,183 shares. Brandywine Investment Mngmt Ltd Liability Corp owns 136,866 shares. Gateway Invest Advisers Ltd Liability stated it has 0.04% in Cooper Tire & Rubber Company (NYSE:CTB). Credit Agricole S A stated it has 0% in Cooper Tire & Rubber Company (NYSE:CTB).