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 the firm’s 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 transaction, the chief executive officer now owns 271,995 shares in the company, valued at approximately $7,615,860. The trade was a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Consolidated Water Price Performance

Shares of CWCO stock traded down $0.05 during trading hours on Thursday, reaching $27.37. The company’s stock had a trading volume of 65,330 shares, compared to its average volume of 72,083. Consolidated Water Co. Ltd. has a one year low of $23.55 and a one year high of $33.34. The firm’s fifty day simple moving average is $26.16 and its 200 day simple moving average is $25.96.

Institutional Investors Weigh In On Consolidated Water

Several hedge funds have recently made changes to their positions in CWCO. SG Americas Securities LLC purchased a new position in Consolidated Water during the third quarter valued at $132,000. nVerses Capital LLC purchased a new position in Consolidated Water during the third quarter valued at $33,000. Copeland Capital Management LLC purchased a new position in Consolidated Water during the third quarter valued at $48,000. Stanley Laman Group Ltd. purchased a new position in Consolidated Water during the third quarter valued at $53,000. Finally, Farrow Financial Inc. raised its stake in Consolidated Water by 7.6% during the third quarter. Farrow Financial Inc. now owns 97,510 shares of the utilities provider’s stock valued at $2,458,000 after buying an additional 6,874 shares during the last quarter. 55.16% of the stock is currently owned by institutional investors.

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.