On March 7, Shelly M Esque, Board Member at California Water Servs Gr (NYSE:CWT) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Esque increased their investment in California Water Servs Gr by purchasing 2,477 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $112,381.
Monitoring the market, California Water Servs Gr's shares up by 0.71% at $46.57 during Friday's morning.
About California Water Servs Gr
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.
California Water Servs Gr's Economic Impact: An Analysis
Revenue Growth: California Water Servs Gr's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate ...