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

Consolidated Water Co. Ltd. (NASDAQ:CWCO) CEO Frederick W. Mctaggart sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total transaction of $56,000.00. Following the sale, the chief executive officer now owns 271,995 shares in the company, valued at $7,615,860. This represents a 0.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Consolidated Water Stock Performance

Shares of CWCO opened at $27.37 on Friday. The firm has a 50 day simple moving average of $26.16 and a two-hundred day simple moving average of $25.96. Consolidated Water Co. Ltd. has a one year low of $23.55 and a one year high of $33.34.

Hedge Funds Weigh In On Consolidated Water

A number of institutional investors have recently modified their holdings of the business. nVerses Capital LLC acquired a new stake in shares of Consolidated Water in the 3rd quarter valued at approximately $33,000. Byrne Asset Management LLC increased its holdings in Consolidated Water by 59.3% in the fourth quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider’s stock valued at $45,000 after purchasing an additional 640 shares during the period. Copeland Capital Management LLC acquired a new position in Consolidated Water during the 3rd quarter worth about $48,000. Stanley Laman Group Ltd. bought a new stake in shares of Consolidated Water in the 3rd quarter valued at about $53,000. Finally, Allworth Financial LP increased its stake in shares of Consolidated Water by 643.4% in the fourth quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider’s stock valued at $61,000 after buying an additional 2,033 shares during the period. Institutional investors and hedge funds own 55.16% of the company’s stock.

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.