WTTR Select Water Solutions, Inc.

BEARISH Impact: 5/10 Insider Cluster (3 insiders)
Horizon weeks Filed May 22, 2026 Processed 24d 9h ago
Insider cluster: 3 insiders, $12.9M total
Latest settled — T+5d
WTTR ▼ -4.67% at T+5d
SHORT call ✓ call won +4.67% · α vs SPY +6.33% · entry $19.28 → $18.38
Next anchor: T+20d in 7d
Last close $18.91 (close Jun 12) · +1.92% from $19.28 entry (call sign-flipped)
Entry anchored
May 21, 2026
via day open
T+1d
+0.36%
call -0.36% · α +0.22%
$19.35
settled 24d ago
T+5d
-4.67%
call +4.67% · α +6.33%
$18.38
settled 17d ago
T+20d
call — · α —
in 7d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

A cluster of insider selling at Select Water Solutions (WTTR) totaling $12.88M over a 7-day window, dominated by a $11.68M open-market sale from 10% owner Crestview Partners. The selling represents approximately 0.48% of the company's $2.7B market cap, near the upper end of the 'modest' proportionality band. While the dollar amount is notable, the selling is concentrated in a single large holder (Crestview) and a director, with no C-suite participation beyond the EVP & COO's routine-sized $356K sale. The historical calibration shows a strong win rate (100% T+20) on prior WTTR reports, but the score-6/7 cells have low observed P (28-30%), suggesting caution on over-scoring. The cross-filing actuarial verdicts are all amplifiers, supporting a modest impact score.

Key Financial Metrics

Direction
selling
Total Value
$12.9M
Insiders
3

Actionable Insight

The cluster is dominated by Crestview Partners' $11.68M sale, which may reflect portfolio rebalancing rather than a bearish view on WTTR fundamentals. However, the sustained selling pattern (7 sells totaling $15.6M in the prior 30 days) and the non-cash conversion/disposal of 2.63M shares by Crestview suggest ongoing distribution. Monitor for additional insider filings and the next earnings report for any operational deterioration.

Key Facts

  • Total insider selling of $12.88M over 7 days, representing ~0.48% of $2.7B market cap
  • Crestview Partners (10% owner) sold 617,240 shares at $18.92 for $11.68M on May 19
  • Director Richard Alan Burnett sold 45,300 shares at $18.74 for $849K on May 15
  • EVP & COO Michael Skarke sold 20,000 shares at $17.78 for $356K on May 12
  • Crestview also converted and disposed of 2.63M shares in non-cash transactions on May 19
  • Prior 30-day insider activity: 7 sells totaling $15.6M, indicating sustained selling pressure

Financial Impact

Insider selling of $12.88M, or ~0.48% of market cap, concentrated in a single 10% owner and a director

dilutioninsider ownership

Risk Factors

  • Continued selling by Crestview Partners could pressure the stock
  • Insider selling may signal lack of confidence ahead of upcoming earnings or operational headwinds
  • The non-cash derivative conversions by Crestview could precede further open-market sales

Market Snapshot

Exchange
NYSE
Sector
Oil & Gas Field Services, NEC
Analyst Consensus
92% bullish (12 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-WTTR-1779410947508
7 reports for WTTR
Performance horizon
Filters
Rows
Reports for WTTR — sortable, filterable
Type Now
Jun 11, 2026
3d ago
Institutional Cluster
MIXED ★ 4/10
$18.49 awaiting T+1awaiting T+1$18.91 (+2.27%)
Jun 1, 2026
13d ago
8-K
NEUTRAL ★ 2/10
$18.86 $18.98▲ +0.64%▲ +1.36%$18.91 (+0.27%)
May 22, 2026
24d ago
Insider Cluster
BEARISH ★ 5/10
$19.28 $19.35▼ −0.36%▲ +0.22%$18.91 (+1.92%)
May 14, 2026
4w ago
144
NEUTRAL ★ 2/10
$18.96 $19.56▲ +3.16%▲ +3.23%$18.91 (−0.26%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$16.80 $17.62▲ +4.88%▲ +4.65%$18.91 (+12.56%)
Mar 24, 2026
11w ago
DEFA14A
NEUTRAL ★ 3/10
$15.09 $15.59▲ +3.33%▲ +5.10%$18.91 (+25.33%)
Feb 25, 2026
15w ago
8-K
NEUTRAL ★ 5/10
$13.71 $13.85▲ +1.00%▲ +1.54%$18.91 (+37.90%)
Showing 7 of 7

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