Angelo Gordon Buys $35 Million Stake in Enviri

Edgen Stock

·Mar 12 2026, 02:27

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Key Takeaways

Investment firm Angelo Gordon & Co. made a significant investment in Enviri (NVRI), signaling strong institutional confidence in the company's trajectory. The purchase highlights a bullish stance from a notable market participant following a period of strong stock performance.

Investment firm Angelo Gordon & Co. acquired over 2.3 million shares of Enviri for approximately $34.87 million during the fourth quarter.
The firm's total position value in Enviri increased by $48.10 million in Q4, reflecting both the new share purchase and price appreciation.
This substantial institutional buy-in may serve as a strong bullish signal, potentially attracting further investment and validating Enviri's growth narrative.

Angelo Gordon Commits $35M to Enviri in Q4

Investment firm Angelo Gordon & Co. established a significant position in Enviri (NVRI), acquiring 2,339,915 shares for an estimated $34.87 million during the fourth quarter. The transaction, reported on March 11, 2026, marks a major vote of confidence from the institutional investor.

Firm's NVRI Holding Value Climbs by $48M

The new share purchase was the primary driver behind a $48.10 million increase in the total value of Angelo Gordon's Enviri holdings during the same quarter. This figure combines the cost of the new shares with positive price movement in the stock. Such a substantial investment from a recognized firm often signals to the market that institutional analysis projects further upside, potentially legitimizing the company's valuation and attracting broader investor interest.