The VP of Avista Corp (NYSE: AVA) is Selling Shares

By Carrie Williams

Today, the VP of Avista Corp (NYSE: AVA), David J. Meyer, sold shares of AVA for $97.96K.

In addition to David J. Meyer, 7 other AVA executives reported Sell trades in the last month.

Based on Avista Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $402 million and quarterly net profit of $40.09 million. In comparison, last year the company earned revenue of $387 million and had a net profit of $38.45 million. The company has a one year high of $45.22 and a one year low of $37.78. AVA’s market cap is $2.49B and the company has a P/E ratio of 18.60.

The insider sentiment on Avista Corp has been negative according to 92 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Avista Corp. engages in the generation, transmission, and distribution of electricity and natural gas, as well as other energy-related businesses. It operates through the Avista Utilities, and Alaska Electric Light and Power Company segments. The Avista Utilities segment generates, transmits, and distributes electricity and natural gas. The Alaska Electric Light and Power Company segment provides electric services in the City and Borough of Juneau, Alaska. The company was founded on March 13, 1889 and is headquartered in Spokane, WA.