American States Water Co (AWR): Denise L Kruger , Sr. Vice President of American States Water Co sold 500 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $41.66 per share for a total value of $20,830.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 6, 2016, Lloyd E Ross (director) sold 500 shares at $39.62 per share price.On Apr 5, 2016, Denise L Kruger (Sr. Vice President) sold 500 shares at $39.10 per share price.Also, On Mar 8, 2016, Gladys Farrow (Vice President) sold 845 shares at $41.69 per share price.On Feb 1, 2016, Eva G Tang (Sr. Vice President & CFO) sold 2,204 shares at $44.50 per share price.
American States Water Co: On Monday, May 2, 2016 heightened volatility was witnessed in American States Water Co which led to swings in the share price. The shares opened for trading at $41.66 and hit $42.86 on the upside , eventually ending the session at $42.81, with a gain of 2.69% or 1.12 points. The heightened volatility saw the trading volume jump to 2,14,700 shares. The 52-week high of the share price is $47.24 and the company has a market cap of $1,564 M . The 52-week low of the share price is at $35.8.
Company has been under the radar of several Street Analysts.American States Water Co is Downgraded by Ladenburg Thalmann to Sell. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 26, 2016.
American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services Inc. (ASUS) and its subsidiaries (Fort Bliss Water Services Company (FBWS) Terrapin Utility Services Inc. (TUS) Old Dominion Utility Services Inc. (ODUS) Palmetto State Utility Services Inc. (PSUS) and Old North Utility Services Inc. (ONUS)). The Company operates in three segments: water electric and contracted services. Within the segments AWR has two business units water and electric service utility operations conducted through GSWC and contracted services conducted through ASUS and its subsidiaries. FBWS TUS ODUS PSUS and ONUS may be referred to collectively as the Military Utility Privatization Subsidiaries. GSWC is a California public utility company engaged in the purchase production and distribution of water in 75 communities in 10 counties in the State of California.