Today, the President & CEO of American Water (AWK), Susan Story, bought shares of AWK for $8,823.
This is Story’s first transaction since reporting a Buy transaction on D back in February 2017 In addition to Susan Story, 2 other AWK executives reported Buy trades in the last month.
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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 $17.59B and the company has a P/E ratio of 36.78. Currently, American Water has an average volume of 882.9K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $98.50, reflecting a 6.5% upside.
In the last 30 days, insiders have sold $458.5K worth of AWK shares and purchased $100.1K worth of AWK shares. The insider sentiment on American Water has been negative according to 54 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Susan Story’s trades have generated a 12.2% 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.
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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.
