On March 7, Charles R Patton, Board Member at California Water Servs Gr (NYSE:CWT) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday unveiled that Patton made a notable purchase of 2,477 shares of California Water Servs Gr, valuing at $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.
California Water Servs Gr: Delving into Financials
Revenue Growth: California Water Servs Gr's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 6.76%. This signifies a substantial ...