Aqua America Inc (WTR) Files Form 4 Insider Selling : Richard H Glanton Sells 280 Shares

Aqua America Inc (WTR): Richard H Glanton , director of Aqua America Inc sold 280 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $31.77 per share for a total value of $8,895.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, David Smeltzer (Executive VP & CFO) sold 20,000 shares at $32.55 per share price.On May 12, 2016, Chris Franklin (Chief Executive Officer) sold 17,243 shares at $32.83 per share price.Also, On Mar 16, 2016, Robert A Rubin (Chief Accounting Officer) sold 9,375 shares at $31.68 per share price.On Mar 16, 2016, Nicholas Debenedictis (director) sold 100,531 shares at $31.52 per share price.

Shares of Aqua America Inc (WTR) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.25% at $31.75 with 11,80,816 shares getting traded. Post opening the session at $31.77, the shares hit an intraday low of $31.5 and an intraday high of $31.9 and the price vacillated in this range throughout the day. The company has a market cap of $5,628 M and the number of outstanding shares has been calculated to be 17,72,71,650 shares. The 52-week high of Aqua America Inc is $32.93 and the 52-week low is $24.4.

Aqua America Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Aqua America Inc is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $33 .The Rating was issued on May 5, 2016.Aqua America Inc is Reiterated by Argus to Buy and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $34 .The Rating was issued on Mar 21, 2016.

Aqua America Inc. is a holding company. The Company through its subsidiaries provides water or wastewater services in Pennsylvania Ohio Texas Illinois North Carolina New Jersey Indiana and Virginia. Its largest operating subsidiary is Aqua Pennsylvania Inc. which provides water or wastewater services to approximately one-half of the total number of people the Company serves. Its other regulated utility subsidiaries provide similar services in seven other states. In addition its non-regulated subsidiary Aqua Resources Inc. provides liquid waste hauling and disposal; water and wastewater services; water and wastewater line repair service and protection solutions to households; designs and builds water and wastewater systems and provides other non-regulated water and wastewater services among others. The Company’s non-regulated subsidiary Aqua Infrastructure LLC provides non-utility raw water supply services for firms in the natural gas drilling industry.

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