York Water Co (YORW) Files Form 4 Insider Buying : Jeffrey R Hines Buys 497 Shares

York Water Co (YORW): Jeffrey R Hines , CEO of York Water Co purchased 497 shares on Jul 15, 2016. The Insider buying transaction was reported by the company on Jul 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $30.34 per share for a total value of $15,071.70 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 18, 2016, Joseph Thomas Hand (Chief Financial Officer) purchased 166 shares at $30.44 per share price.On Jul 18, 2016, Vernon L Bracey (Vice President – Customer Svc.) purchased 13 shares at $30.25 per share price.Also, On Jul 15, 2016, Ernest J Waters (director) purchased 3 shares at $30.53 per share price.On Jul 15, 2016, Steven R Rasmussen (director) purchased 24 shares at $30.60 per share price.

York Water Co: On Friday, Jul 15, 2016 heightened volatility was witnessed in York Water Co which led to swings in the share price. The shares opened for trading at $30.82 and hit $31.375 on the upside , eventually ending the session at $31.26, with a gain of 2.49% or 0.76 points. The heightened volatility saw the trading volume jump to 32,719 shares. The 52-week high of the share price is $33.4 and the company has a market cap of $402 M . The 52-week low of the share price is at $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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