Artesian Resources Corp Senior Vice President Nicholle Taylor Sells 4,750 Shares
On December 20, 2023, Nicholle Taylor, Senior Vice President of Artesian Resources Corp (NASDAQ:ARTNA), sold 4,750 shares of the company's stock, according to a recent SEC Filing. Artesian Resources Corp is engaged in providing water, wastewater services, and related services on the Delmarva Peninsula. The company operates within the regulated and non-regulated industries.
Over the past year, the insider has sold a total of 4,750 shares and has not made any purchases of the company's stock.
The insider transaction history for Artesian Resources Corp indicates a trend of more insider sales than purchases over the past year, with 1 insider buy and 4 insider sells recorded.
On the date of the insider's recent sale, shares of Artesian Resources Corp were trading at $42.82, resulting in a market capitalization of $435.75 million.
The stock's price-earnings ratio stands at 27.32, surpassing both the industry median of 14.3 and the company's own historical median price-earnings ratio.
Artesian Resources Corp's stock, with a price of $42.82 and a GuruFocus Value of $45.72, has a price-to-GF-Value ratio of 0.94, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
