NVRI Enviri Corp

BULLISH Impact: 6/10 Insider Cluster (3 insiders)
Horizon weeks Filed Jun 8, 2026 Processed 12d 11h ago
Insider cluster: 3 insiders, $1.4M total
Latest settled — T+5d ⚠ clustered
NVRI ▼ -1.99% at T+5d
LONG call ✗ call lost -1.99% · α vs SPY -4.40% · entry $21.13 → $20.71
Next anchor: T+20d in 16d
Last close $21.17 (close Jun 17) · +0.19% from $21.13 entry
Entry anchored
Jun 8, 03:59 PM ET
via Databento tick
T+1d
-3.03%
call -3.03% · α -1.45%
$20.49
settled 12d ago
T+5d
-1.99%
call -1.99% · α -4.40%
$20.71
settled 6d ago
T+20d
call — · α —
in 16d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three Enviri Corp insiders, including the CEO and CFO, made open-market purchases totaling $1.41M over a three-day window, with the CEO alone buying $1M. This cluster follows a material agreement (8-K filed June 1) amending the company's bylaws, suggesting insiders may have been acting on informed confidence in the company's trajectory. At ~0.09% of market cap, the dollar value is modest but the C-suite participation and proximity to a corporate action amplify the signal.

Key Financial Metrics

Direction
buying
Total Value
$1.4M
Insiders
3

Actionable Insight

The CEO and CFO both buying stock on the open market within days of a material agreement 8-K is a strong signal of insider conviction. Monitor for further details on the agreement (likely a strategic transaction or financing) and watch for additional insider filings. The cluster buy historically amplifies returns — consider accumulating on weakness.

Key Facts

  • CEO Russell C. Hochman purchased 51,519 shares at $19.43 for $1,001,014 on June 3, 2026
  • CFO Peter Francis Minan purchased 8,333 shares at $19.25 for $160,410 on June 5, 2026
  • Director Edgar M. Purvis Jr. purchased 14,000 shares at $18.10 for $253,400 on June 3, 2026
  • Total insider buying: $1.41M across 3 open-market purchases within a 3-day window
  • Purchases occurred 2-4 days after an 8-K filing (June 1) entering into a material agreement and amending bylaws
  • Total value represents ~0.09% of NVRI's $1.6B market cap

Financial Impact

Insider purchases total $1.41M, or ~0.09% of market cap — modest in absolute terms but significant as a C-suite cluster buy.

insider ownershipmarket confidence

Risk Factors

  • The 8-K's material agreement could be dilutive or carry execution risk, offsetting insider confidence
  • At 0.09% of market cap, the dollar amount is small and could be routine portfolio rebalancing
  • Historical calibration shows score-6 filings at this segment have only a 33% probability of positive T+20 alpha

Market Snapshot

Exchange
NYSE
Analyst Consensus
67% bullish (9 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NVRI-1780951555517
14 reports for NVRI
Performance horizon
67% Hit rate 4 of 6 directional calls best @ T+5▲ +10.05%Jun 1, 2026
Filters
Rows
Reports for NVRI — sortable, filterable
Type Now
Jun 12, 2026
8d ago
15-12G
NEUTRAL ★ 6/10
$21.35 $20.71▼ −3.00%▼ −4.76%$21.17 (−0.84%)
Jun 8, 2026
12d ago
Insider Cluster
BULLISH ★ 6/10
$21.13 $20.49▼ −3.03%▼ −1.45%$21.17 (+0.19%)
Jun 5, 2026
16d ago
EFFECT
NEUTRAL ★ 3/10
$19.30 $19.88▲ +3.01%▲ +2.78%$21.17 (+9.69%)
Jun 4, 2026
16d ago
Insider Cluster
BULLISH ★ 5/10
$19.70 $19.30▼ −2.03%▲ +0.57%$21.17 (+7.46%)
Jun 1, 2026
19d ago
8-K
BULLISH ★ 8/10
$19.20 $17.75▼ −7.55%▼ −6.83%$21.17 (+10.26%)
May 11, 2026
5w ago
Press Release
MIXED ★ 6/10
$19.67 $19.67· 0.00%▼ −0.54%$21.17 (+7.63%)
May 4, 2026
6w ago
Press Release
BULLISH ★ 8/10
$19.39 $19.24▼ −0.77%▼ −2.16%$21.17 (+9.18%)
Apr 27, 2026
7w ago
8-K
NEUTRAL ★ 3/10
$19.44 $19.22▼ −1.11%▼ −1.10%$21.17 (+8.90%)
Mar 25, 2026
12w ago
PREM14A
BULLISH ★ 8/10
$18.79 $18.69▼ −0.53%▲ +1.24%$21.17 (+12.67%)
Mar 20, 2026
13w ago
DEFA14A
NEUTRAL ★ 5/10
$18.44 $18.40▼ −0.22%▲ +0.14%$21.17 (+14.80%)
Showing 10 of 14

US Market Status

Market Closed — Opens Mon (29h 32m)

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