The VP of American States Water Company (NYSE: AWR) is Buying Shares

By Carrie Williams

Yesterday, the VP of American States Water Company (AWRResearch Report), William Gedney, bought shares of AWR for $32.23K.

Following William Gedney’s last AWR Buy transaction on August 27, 2012, the stock climbed by 67.1%. Following this transaction William Gedney’s holding in the company was increased by 8.35% to a total of $1.99 million.

See today’s analyst top recommended stocks >>

Based on American States Water Company’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $134 million and quarterly net profit of $27.88 million. In comparison, last year the company earned revenue of $124 million and had a net profit of $22.83 million. The company has a one-year high of $96.00 and a one-year low of $63.15. AWR’s market cap is $3.17B and the company has a P/E ratio of 39.22.

In the last 30 days, insiders have sold $243.2K worth of AWR shares and purchased $32.23K worth of AWR shares. The insider sentiment on American States Water Company has been negative according to 20 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.