Insider Selling: Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Sells $56,000.00 in Stock

Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Frederick W. Mctaggart sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $28.00, for a total value of $56,000.00. Following the completion of the sale, the chief executive officer now directly owns 271,995 shares of the company’s stock, valued at approximately $7,615,860. This represents a 0.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Consolidated Water Stock Up 0.8 %

NASDAQ:CWCO opened at $27.59 on Friday. The stock has a 50 day moving average price of $26.20 and a 200 day moving average price of $25.96. Consolidated Water Co. Ltd. has a one year low of $23.55 and a one year high of $33.34.

Institutional Investors Weigh In On Consolidated Water

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. nVerses Capital LLC acquired a new stake in Consolidated Water during the third quarter worth $33,000. Byrne Asset Management LLC increased its stake in Consolidated Water by 59.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider’s stock worth $45,000 after acquiring an additional 640 shares during the last quarter. Copeland Capital Management LLC acquired a new stake in Consolidated Water during the third quarter worth $48,000. Stanley Laman Group Ltd. acquired a new stake in Consolidated Water during the third quarter worth $53,000. Finally, Allworth Financial LP increased its stake in Consolidated Water by 643.4% during the fourth quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider’s stock worth $61,000 after acquiring an additional 2,033 shares during the last quarter. Institutional investors and hedge funds own 55.16% of the company’s stock.

About Consolidated Water

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.