Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Frederick W. Mctaggart Sells 2,000 Shares

Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Frederick W. Mctaggart sold 2,000 shares of Consolidated Water stock in a transaction that occurred on Tuesday, February 18th. The stock was 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 owns 271,995 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website.

Consolidated Water Trading Down 0.2 %

Shares of NASDAQ CWCO opened at $27.37 on Friday. The firm’s 50-day moving average price is $26.16 and its 200-day moving average price is $25.96. Consolidated Water Co. Ltd. has a 1-year low of $23.55 and a 1-year high of $33.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. TSP Capital Management Group LLC raised its position in shares of Consolidated Water by 1.5% during the fourth quarter. TSP Capital Management Group LLC now owns 479,175 shares of the utilities provider’s stock worth $12,406,000 after purchasing an additional 7,075 shares during the period. Geode Capital Management LLC raised its holdings in Consolidated Water by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 438,223 shares of the utilities provider’s stock worth $11,347,000 after buying an additional 15,060 shares during the last quarter. State Street Corp raised its holdings in Consolidated Water by 1.8% during the third quarter. State Street Corp now owns 332,902 shares of the utilities provider’s stock worth $8,392,000 after buying an additional 5,976 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Consolidated Water by 54.7% in the third quarter. JPMorgan Chase & Co. now owns 299,102 shares of the utilities provider’s stock valued at $7,540,000 after buying an additional 105,711 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Consolidated Water by 6.8% during the fourth quarter. Invesco Ltd. now owns 240,544 shares of the utilities provider’s stock valued at $6,228,000 after buying an additional 15,263 shares during the last quarter. Institutional investors own 55.16% of the company’s stock.

Consolidated Water Company Profile

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.