Insider Trading Activity in: California Water Service Group Holding $CWT

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California Water Service Group Holding (NYSE:CWT) insider have most recently took part in a trading activity. On Jan 11, 2018 Vera George A, Director bought 2 shares having total worth of $86 at the price of $42.85 per share, following the transaction a total of 39,874 shares owned by Vera George A. Before this latest buy, Vera George A purchased CWT at 12 other times during the past twelve months, for a total investment of $1,225 at an average of $37.58 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 17 times by insiders. In 5 of these trades, the insider was a seller while an employee of the company was the buyer in 12 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 18.51%
12 Month 12 5 31.21%

Shares of California Water Service Group Holding (NYSE:CWT) traded down 0.9% on Jan 4, 2018, hitting $43.85. 152,728 shares of the company’s stock traded hands. California Water Service Group Holding has a 52 week low of $30.05 and a 52 week high of $45.6. The company’s market cap is $1,570 million.

California Water Service Group Holding (NYSE:CWT) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.68 by $0.68., compared to the consensus estimate of $212 million. During the same quarter in the previous year, the company posted 0.48 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-07-27 2017-04-27 2017-02-23 2016-10-27 2016-07-28 2016-04-28 2016-02-24 2015-10-28 2015-07-29
earnings per share 0.00 0.39 0.02 0.31 0.48 0.24 -0.02 0.18 0.52 0.21
Revenue(M) 0 171.13 122.04 150.93 184.27 152.45 121.73 138.43 183.54 144.41

California Water Service Group was incorporated in the State of Delaware. It operates as a holding company with six operating subsidiaries: California Water Service Company, New Mexico Water Service Company, Washington Water Service Company Hawaii Water Service Company, Inc., and CWS Utility Services and HWS Utility Services LLC and HWS Utility Services LLC. The regulated utility entities also provide some non-regulated services. Utility Services provides non-regulated services to private companies and municipalities. The Company’s business is conducted through its operating subsidiaries. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. It also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites, lab services, and promotion of other non-regulated services. It operates mainly in one business segment, the supply and distribution of water and providing water-related utility services. The Company’s water operations are conducted by the Cal Water and CWS Utility Services entities, which provide service to 473,100 customers in 83 California communities through 25 separate districts. Hawaii Water provides service to approximately 4,200 water and wastewater customers on the islands of Maui and Hawaii, including several large resorts and condominium complexes. Washington Water provides domestic water service to approximately 15,800 customers in the Tacoma and Olympia areas. New Mexico Water provides service to approximately 7,600 water and wastewater customers in the Belen, Los Lunas and Elephant Butte areas in New Mexico. Under other contract arrangements, it operates municipally owned water systems, privately owned water systems, and recycled water distribution systems, but is not responsible for all operating costs. Non-regulated revenue received from water system operations is generally determined on a fee-per-customer basis. Non-regulated activities consist mainly of: operating water systems, which are owned by other entities; providing meter reading and billing services; leasing communication antenna sites on its properties; operating recycled water systems; providing lab services for water quality testing; marketing and billing of optional third party insurance program to its residential customers; selling surplus property, and other services as requested by the client. The Company’s operations are subject to environmental regulation by various governmental authorities.

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.