Insider Trading Alert: RGC Resources Inc. $RGCO

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RGC Resources Inc. (RGCO) insider have most recently took part in a trading activity. On Jun 1, 2017 Nester Paul W, VP, Treasurer, Secretary & CFO bought 12 shares having total worth of $298 at the price of $24.84 per share, following the transaction a total of 9,027 shares owned by Nester Paul W. Before this latest buy, Nester Paul W purchased RGCO at 17 other times during the past twelve months, for a total investment of $5,105 at an average of $23.42 per share.

The stock has experienced a total of 18 insider trades in the past three months. These trades include 18 buy trades. Furthermore, over the past 12 months , the stock was traded 62 times by insiders. an employee of the company was the buyer in 62 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 18 0 48.19%
12 Month 62 0 100.01%

Shares of RGC Resources Inc. (RGCO) traded up 0.26% on Jun 15, 2017, hitting $27. 17,931 shares of the company’s stock traded hands. RGC Resources Inc. has a 52 week low of $13.18 and a 52 week high of $27.28. The company’s market cap is $113 million.

RGC Resources Inc. (RGCO) last announced its earnings results on Feb 6, 2017. The company reported 0.46 earnings per share (EPS) for the quarter. The company had revenue of $19 million for the quarter During the same quarter in the previous year, the company posted 0.40 earnings per share. The company’s revenue for the quarter was up 17% on a year-over-year basis.

2017-02-06 2016-02-01 2015-11-23 2015-08-03 2015-05-04 2015-02-03 2014-11-14 2014-07-31 2014-05-08 2014-02-04
earnings per share 0.46 0.40 0.01 0.07 0.59 0.41 -0.03 0.06 0.60 0.37
Revenue(M) 18.79 16.01 9.73 10.77 26.43 21.25 10.28 12.02 32.7 20.01

RGC Resources, Inc. is incorporated in the state of Virginia on July 31, 1998. It is engaged in the distribution and sale of natural gas to residential, commercial and industrial customers within its service territory in Roanoke, Virginia and the surrounding localities. It also provides certain unregulated natural gas related services through Roanoke Gas and information system services through RGC Ventures of Virginia, Inc., which operates as Application Resources. Regulated natural gas utilities operate in a monopolistic environment. The Company is subject to regulation at both the state and local levels.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.