Crestview Partners-affiliated investment firms sold shares of Select Water Solutions (NASDAQ:WTTR).
They disposed of 3,250,000 Class A common shares for approximately $61.49 million, or $18.92 per share.
WTTR shares surged 149% over the past year, trading near their 52-week high of $20.48.
According to Bond.az analysis, the stock appears overvalued relative to its Fair Value. The company's market cap is $2.75 billion.
After the sales, Crestview entities hold various classes of shares.
Select Water Solutions reported Q1 2026 earnings: EPS of $0.08, revenue of $366 million, beating expectations.
