Consolidated Water Co. Ltd. (NASDAQ:CWCO - Get Free Report) CEO Frederick W. Mctaggart sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $28.00, for a total value of $56,000.00. Following the sale, the chief executive officer now owns 271,995 shares of the company's stock, valued at approximately $7,615,860. This represents a 0.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Consolidated Water Trading Down 0.2 %
Shares of NASDAQ CWCO traded down $0.05 during midday trading on Thursday, hitting $27.37. 65,330 shares of the stock traded hands, compared to its average volume of 72,083. Consolidated Water Co. Ltd. has a one year low of $23.55 and a one year high of $33.34. The business has a 50 day moving average price of $26.16 and a two-hundred day moving average price of $25.96.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. nVerses Capital LLC purchased a new position in Consolidated Water in the third quarter worth $33,000. Byrne Asset Management LLC raised its holdings in shares of Consolidated Water by 59.3% in the 4th quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider's stock valued at $45,000 after acquiring an additional 640 shares in the last quarter. Copeland Capital Management LLC purchased a new stake in shares of Consolidated Water in the 3rd quarter valued at about $48,000. Stanley Laman Group Ltd. purchased a new position in shares of Consolidated Water during the 3rd quarter valued at about $53,000. Finally, Allworth Financial LP raised its holdings in shares of Consolidated Water by 643.4% during the 4th quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider's stock valued at $61,000 after buying an additional 2,033 shares in the last quarter. Hedge funds and other institutional investors own 55.16% of the company's stock.
Consolidated Water Company Profile
(
Get Free Report)
Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.
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