It was revealed in a recent SEC filing that Scott L Morris, Director at California Water Servs Gr (NYSE:CWT) made a noteworthy insider purchase on March 7,.
What Happened: In a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission, it was disclosed that Morris bought 2,477 shares of California Water Servs Gr, amounting to a total of $112,381.
Tracking the Friday's morning session, California Water Servs Gr shares are trading at $46.57, showing a up of 0.71%.
Get to Know California Water Servs Gr Better
California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.
Financial Insights: California Water Servs Gr
Revenue Growth: Over the 3 months period, California Water Servs Gr showcased positive performance, achieving a revenue growth rate of 6.76% as of 31 December, 2023. This reflects a substantial increase in ...