York Water Co (YORW) Files Form 4 Insider Buying : Steven R Rasmussen Buys 25 Shares

York Water Co (YORW): Steven R Rasmussen , director of York Water Co purchased 25 shares on Apr 13, 2016. The Insider buying transaction was reported by the company on Apr 15, 2016 to the Securities and Exchange Commission. The shares were purchased at $29.11 per share for a total value of $729.16 according the SEC Form 4 Filing.

Currently the company Insiders own 1.13% of York Water Co shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 1.53%.Institutional Investors own 29.8% of York Water Co shares.During last six month period, the net percent change held by insiders has seen a change of -0.93%.

Shares of York Water Co (YORW) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.07% at $30.3 with 22,361 shares getting traded. Post opening the session at $30.44, the shares hit an intraday low of $30.29 and an intraday high of $30.76 and the price vacillated in this range throughout the day. The company has a market cap of $389 M and the number of outstanding shares has been calculated to be 1,28,26,147 shares. The 52-week high of York Water Co is $30.99 and the 52-week low is $19.69.

York Water Co Money Flow Index Chart

The York Water Company is an investor-owned water utility in the United States. The Company impounds purifies and distributes water. The Company owns and operates two wastewater collection and treatment systems. The Company operates within its franchised territory which covers 39 municipalities within York County Pennsylvania and eight municipalities within Adams County Pennsylvania. The Company’s wastewater operations include portions of three municipalities in York County Pennsylvania. It obtains its water supply from both the South Branch and East Branch of the Codorus Creek which together have an average flow of 73 million gallons per day. The Company has two reservoirs Lake Williams and Lake Redman which together hold up to approximately 2.2 billion gallons of water. The Company’s water filtration plant is located in Spring Garden Township about one-half mile south of the City of York.

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