Insider Sell: EVP, CHRO Melanie Kennedy Sells Shares of American Water Works Co Inc (AWK)
Melanie Kennedy, Executive Vice President and Chief Human Resources Officer, has sold 843 shares of American Water Works Co Inc (NYSE:AWK) on March 4, 2024, according to a recent SEC Filing.
American Water Works Co Inc is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. The company provides drinking water, wastewater, and other related services to an estimated 15 million people in 46 states.
Over the past year, the insider has sold a total of 843 shares and has not made any purchases of the company's stock. The recent transaction reflects the only insider sell for the company over the past year, compared to 4 insider buys within the same timeframe.
On the day of the insider's recent sell, shares of American Water Works Co Inc were trading at $119.59, resulting in a market capitalization of $23.701 billion.
The company's price-earnings ratio stands at 24.94, which is above the industry median of 14.42 but below the company's historical median price-earnings ratio.
With the current share price of $119.59 and a GuruFocus Value of $157.58, American Water Works Co Inc has a price-to-GF-Value ratio of 0.76, indicating that the stock is considered Modestly Undervalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, 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.
