Yesterday, a Director at American Water (AWK), Karl Kurz, bought shares of AWK for $91.3K.
Following this transaction Karl Kurz’s holding in the company was increased by 13.91% to a total of $740.1K. This is Kurz’s first transaction since reporting a Buy transaction on SEMG back in August 2017
See today’s analyst top recommended stocks >>
Based on American Water’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $976 million and quarterly net profit of $187 million. In comparison, last year the company earned revenue of $936 million and had a net profit of $203 million. AWK’s market cap is $17.17B and the company has a P/E ratio of 35.89. Currently, American Water has an average volume of 734K.
The insider sentiment on American Water has been negative according to 53 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Karl Kurz’s trades have generated a -15.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
American Water Works Co., Inc. engages in the provision of complementary water and wastewater services. It operates through the following segments: Regulated Businesses, Market-Based Businesses, and Other. The Regulated Businesses segment provides water and wastewater services to customers.
