The York Water Company (NASDAQ:YORW), watched two insiders raise their exposure to the company through a series of transactions that began on July 14th and were filed today. Chief Operating Officer Thomas Joseph Hand purchased 245.826 shares of common stock at prices ranging from $19.76 to $20.585 per share; while President and CEO Jeffrey R. Hines bought 658.032 shares at prices also ranging from $19.76 to $20.585 per share.
Following these transactions, Hand now holds 8,523.054 shares directly and 501.76 shares indirectly; while Hines has 43,506.424 shares directly, and 8,284.9098 shares indirectly invested into the company. A $254.87 million market cap corporation, The York Water Company (NASDAQ:YORW) is engaged in the business of impounding, purifying to meet or exceed safe drinking water standards and distribute water.
In addition, the biggest hedge fund involved with the company is Jim Simon‘s Renaissance Technologies, which after raising it’s activity by 203% last quarter, now has 50,954 shares worth approximately $1 million invested in The York Water Company (NASDAQ:YORW).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.