The VP, HR of Middlesex Water Company (NASDAQ: MSEX) is Selling Shares

By Carrie Williams

Today, the VP, HR of Middlesex Water Company (MSEXResearch Report), Lorrie Beth Ginegaw, sold shares of MSEX for $39.96K.

Following Lorrie Beth Ginegaw’s last MSEX Sell transaction on March 20, 2019, the stock climbed by 5.2%. In addition to Lorrie Beth Ginegaw, one other MSEX executive reported Sell trades in the last month.

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MSEX’s market cap is $1.02B and the company has a P/E ratio of 29.97. Currently, Middlesex Water Company has an average volume of 20.67K.

The insider sentiment on Middlesex Water Company has been negative according to 48 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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Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm’s services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated.