Avista Corp (AVA): Kevin J Christie , Vice President of Avista Corp sold 333 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $41.00 per share for a total value of $13,653.03 , 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 9, 2016, James M Kensok (Vice President) sold 650 shares at $41.09 per share price.On May 9, 2016, Jason R Thackston (Senior Vice President) sold 1,500 shares at $41.09 per share price.Also, On May 9, 2016, Dennis P Vermillion (Senior Vice President) sold 25,000 shares at $40.64 per share price.On Mar 10, 2016, R John Taylor (director) purchased 2,500 shares at $39.27 per share price.
Avista Corp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Avista Corp which led to swings in the share price. The shares opened for trading at $41.29 and hit $41.49 on the upside , eventually ending the session at $41.25, with a gain of 0.10% or 0.04 points. The heightened volatility saw the trading volume jump to 1,58,708 shares. The 52-week high of the share price is $42.165 and the company has a market cap of $2,607 M . The 52-week low of the share price is at $29.77.
Company has been under the radar of several Street Analysts.Avista Corp is Reiterated by Williams Capital Group to Hold and the brokerage firm has raised the Price Target to $ 37 from a previous price target of $35 .The Rating was issued on May 5, 2016.Avista Corp is Initiated by Mizuho to Neutral and the brokerage firm has set the Price Target at $41. The Rating was issued on Mar 31, 2016.Avista Corp is Downgraded by UBS to Sell and the brokerage firm has raised the Price Target to $ 36 from a previous price target of $33 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 18, 2016.
Avista Corporation is primarily an electric and natural gas utility with certain other business ventures. The Company operates through two business segments: Avista Utilities and Alaska Electric Light and Power Company (AEL&P). Avista Utilities provides electric distribution and transmission as well as natural gas distribution services in parts of eastern Washington and northern Idaho. It also provides natural gas distribution service in parts of northeastern and southwestern Oregon. AEL&P owns and operates electric generation transmission and distribution facilities located in Juneau. The Company operates other businesses including sheet metal fabrication venture fund investments and real estate investments.