Insider Selling: Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Sells 2,000 Shares of Stock

Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Frederick W. Mctaggart sold 2,000 shares of Consolidated Water stock in a transaction 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 $7,615,860. The trade was a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Consolidated Water Stock Up 0.8 %

Shares of NASDAQ CWCO opened at $27.59 on Friday. Consolidated Water Co. Ltd. has a twelve month low of $23.55 and a twelve month high of $33.34. The stock has a fifty day simple moving average of $26.20 and a 200-day simple moving average of $25.96.

Institutional Investors Weigh In On Consolidated Water

A number of institutional investors have recently modified their holdings of CWCO. nVerses Capital LLC acquired a new stake in shares of Consolidated Water in the third quarter valued at $33,000. Byrne Asset Management LLC boosted its holdings in Consolidated Water by 59.3% in the fourth quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider’s stock valued at $45,000 after purchasing an additional 640 shares during the period. Copeland Capital Management LLC purchased a new position in Consolidated Water in the third quarter valued at $48,000. Stanley Laman Group Ltd. purchased a new position in Consolidated Water in the third quarter valued at $53,000. Finally, Allworth Financial LP boosted its holdings in Consolidated Water by 643.4% in the fourth quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider’s stock valued at $61,000 after purchasing an additional 2,033 shares during the period. 55.16% of the stock is owned by institutional investors and hedge funds.

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.