Middlesex Water Co (MSEX): Bernadette M Sohler , VP-Corporate Affairs of Middlesex Water Co sold 500 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $33.26 per share for a total value of $16,631.20 according the SEC Form 4 Filing.
Currently the company Insiders own 3.49% of Middlesex Water Company shares according to the proxy statements.Institutional Investors own 40.57% of Middlesex Water Company shares.During last six month period, the net percent change held by insiders has seen a change of -50%.
Middlesex Water Company: On Monday, Apr 11, 2016 heightened volatility was witnessed in Middlesex Water Company which led to swings in the share price. The shares opened for trading at $32.45 and hit $33.206 on the upside , eventually ending the session at $32.97, with a gain of 2.65% or 0.85 points. The heightened volatility saw the trading volume jump to 90,164 shares. The 52-week high of the share price is $33.206 and the company has a market cap of $535 M . The 52-week low of the share price is at $21.24.
Middlesex Water Company (Middlesex) is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey Delaware and Pennsylvania. Middlesex also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company operates in two segments: Regulated and Non-Regulated. The Regulated segment consists of collecting treating and distributing water on a retail and wholesale basis to residential commercial industrial and fire protection customers in parts of New Jersey Delaware and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware.