--- title: "J Thomas Presby Sells 10,000 Shares of Montrose Environmental Group (NYSE:MEG) Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/277960161.md" description: "J Thomas Presby, Director of Montrose Environmental Group (NYSE:MEG), sold 10,000 shares at an average price of $28.87, totaling $288,700. This sale reduced his holdings by 13.77%, leaving him with 62,614 shares valued at approximately $1.8 million. The transaction was disclosed to the SEC. The stock traded at $27.70, with a market cap of $996.67 million and a P/E ratio of -115.41. Analysts have mixed ratings on the stock, with a consensus rating of \"Hold\" and an average target price of $34.67." datetime: "2026-03-05T15:29:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277960161.md) - [en](https://longbridge.com/en/news/277960161.md) - [zh-HK](https://longbridge.com/zh-HK/news/277960161.md) --- # J Thomas Presby Sells 10,000 Shares of Montrose Environmental Group (NYSE:MEG) Stock Montrose Environmental Group, Inc. (NYSE:MEG - Get Free Report) Director J Thomas Presby sold 10,000 shares of Montrose Environmental Group stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $28.87, for a total value of $288,700.00. Following the completion of the sale, the director directly owned 62,614 shares of the company's stock, valued at approximately $1,807,666.18. The trade was a 13.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. ## Montrose Environmental Group Stock Performance Shares of NYSE:MEG traded up $0.44 during midday trading on Thursday, reaching $27.70. 12,845 shares of the company's stock traded hands, compared to its average volume of 377,933. The company has a market cap of $996.67 million, a price-to-earnings ratio of -115.41, a P/E/G ratio of 1.72 and a beta of 1.92. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.43 and a current ratio of 1.43. Montrose Environmental Group, Inc. has a one year low of $10.51 and a one year high of $32.00. The stock has a 50 day moving average of $24.15 and a 200 day moving average of $26.24. Montrose Environmental Group (NYSE:MEG - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.24 by $0.11. Montrose Environmental Group had a positive return on equity of 4.47% and a negative net margin of 0.10%.The company had revenue of $193.27 million during the quarter, compared to the consensus estimate of $186.24 million. During the same period last year, the company earned ($0.90) EPS. Montrose Environmental Group's revenue for the quarter was up 2.2% on a year-over-year basis. As a group, equities research analysts anticipate that Montrose Environmental Group, Inc. will post 0.13 EPS for the current fiscal year. ## Wall Street Analysts Forecast Growth * * * * * * MEG has been the topic of a number of research analyst reports. Barclays increased their price objective on shares of Montrose Environmental Group from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Friday, November 7th. Wall Street Zen cut Montrose Environmental Group from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Finally, Needham & Company LLC lifted their price objective on Montrose Environmental Group from $32.00 to $35.00 and gave the stock a "buy" rating in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $34.67. **Read Our Latest Research Report on Montrose Environmental Group** ## Institutional Trading of Montrose Environmental Group A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lisanti Capital Growth LLC purchased a new stake in shares of Montrose Environmental Group in the third quarter worth $2,803,000. Peregrine Capital Management LLC lifted its stake in shares of Montrose Environmental Group by 16.6% during the 3rd quarter. Peregrine Capital Management LLC now owns 283,899 shares of the company's stock valued at $7,796,000 after buying an additional 40,393 shares in the last quarter. Atria Investments Inc bought a new position in Montrose Environmental Group in the 2nd quarter worth $266,000. Global Alpha Capital Management Ltd. increased its stake in Montrose Environmental Group by 46.2% in the 2nd quarter. Global Alpha Capital Management Ltd. now owns 162,982 shares of the company's stock worth $3,568,000 after buying an additional 51,476 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in Montrose Environmental Group in the 2nd quarter worth $502,000. 87.87% of the stock is owned by hedge funds and other institutional investors. ## Montrose Environmental Group Company Profile (Get Free Report) Montrose Environmental Group (NYSE: MEG) is a global provider of environmental technical and monitoring services, delivering solutions for site assessment, remediation, compliance and long-term environmental stewardship. The company serves a broad range of industries, including energy, manufacturing, chemicals, mining and government agencies, supporting clients with risk management strategies, regulatory permitting and environmental permitting. Montrose's core offerings encompass environmental consulting, engineering design, field sampling and laboratory analysis, plus innovative digital monitoring platforms. ## Read More - Five stocks we like better than Montrose Environmental Group - The gold chart Wall Street is terrified of… - America’s 1776 happening again - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - “Fed Proof” Your Bank Account with THESE 4 Simple Steps _This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to \[email protected\]._ Insider Buying or Selling at Montrose Environmental Group? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Montrose Environmental Group and related companies. From Our Partners The gold chart Wall Street is terrified of… There are 90 paper gold claims for every real ounce in COMEX vaults. Ninety promises, one ounce of metal. It's... Behind the Markets America’s 1776 happening again Watch Now! Porter Stansberry & Luke Lango join forces to unveil: The Three Titanic Forces Converging To Unl... Porter & Company Buy this Gold Stock Before May 2026 The largest gold buyer in the world is expected to release a revolutionary way to invest in gold in 2026, pote... Golden Portfolio What a Former CIA Agent Knows About the Coming Collapse This isn’t just another gold investing book—it’s a survival playbook written by a former CIA officer trained... Advantage Gold Elon Musk already made me a “wealthy man” I Met Elon Musk "Face-to-Face" During a private gathering of Wall Street elites, I was one of two people s... The Oxford Club Silver paying 20% dividend. Plus 68% share gains Silver Is Now a Growth AND Income Play For decades, silver paid nothing. That just changed. One tiny ETF is... Investors Alley Is Trump Done? Shocking leak… Ian King has learned from a White House leak that President Trump is expected to sign what may be his final ex... Banyan Hill Publishing Trade this between 9:30 and 10:45 am EST If you can be at your computer between 9 a.m. and 10:45 a.m. on most weekdays, I’ll show you a simple trading ... Base Camp Trading ### Related Stocks - [MEG.US](https://longbridge.com/en/quote/MEG.US.md) - [RENO.US](https://longbridge.com/en/quote/RENO.US.md) - [EVX.US](https://longbridge.com/en/quote/EVX.US.md) - [AQWA.US](https://longbridge.com/en/quote/AQWA.US.md) - [ETEC.US](https://longbridge.com/en/quote/ETEC.US.md) - [DRTTF.US](https://longbridge.com/en/quote/DRTTF.US.md) - [ONT.US](https://longbridge.com/en/quote/ONT.US.md) ## Related News & Research - [Montrose Environmental Shareholders Back Directors, Auditor and Pay](https://longbridge.com/en/news/285998545.md) - [AMF Tjanstepension AB Increases Position in American Water Works Company, Inc. $AWK](https://longbridge.com/en/news/286869600.md) - [09:30 ETGOOD SPRINGS CAPITAL ANNOUNCES INVESTMENT IN SNYDER ENVIRONMENTAL SERVICES](https://longbridge.com/en/news/286271157.md) - [Waste Management Shareholders Back Board, Pay and ESPP Plan](https://longbridge.com/en/news/286428413.md) - [American Water Works Stock: Analyst Estimates & Ratings](https://longbridge.com/en/news/286850316.md)