Greg A Milleman, VP at California Water Servs Gr (NYSE:CWT), disclosed an insider purchase on March 7, based on a new SEC filing.
What Happened: Milleman's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, involves purchasing 1,616 shares of California Water Servs Gr. The total transaction value is $73,317.
California Water Servs Gr shares are trading up 0.71% at $46.57 at the time of this writing on Friday morning.
Delving into California Water Servs Gr's Background
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.
Understanding the Numbers: California Water Servs Gr's Finances
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, ...