The CFO of SJW Corp (NYSE: SJW) is Selling Shares

Today, the CFO of SJW Corp (NYSE: SJW), James Patrick Lynch, sold shares of SJW for $8,574.

Following James Patrick Lynch’s last SJW Sell transaction on October 03, 2016, the stock climbed by 5.3%.

Based on SJW Corp’s latest earnings report from June 30, the company posted quarterly revenue of $86.94M and quarterly net profit of $16.78M. In comparison, last year the company earned revenue of $82.96M and had a net profit of $9.53M. The company has a one year high of $53.61 and a one year low of $27.60. SJW’s market cap is $998.6M and the company has a P/E ratio of 18.11.

The insider sentiment on SJW Corp has been neutral according to 60 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

SJW Corp. operates as a holding company, which through its subsidiaries engages in water supply business. Its subsidiaries include San Jose Water Co., SJWTX Inc., SJW Land Co. and Texas Water Alliance Ltd. The San Jose Water Co. is a water utility operation which engages in commercial building rentals. The SJWTX, Inc. which is doing business as Canyon Lake Water Service Co., a regulated water utility located in Canyon Lake, Texas. Texas Water Alliance Ltd. is a non-regulated water utility operation which is undertaking activities that are necessary to develop a water supply project in Texas. The company also operates real estate services segment which is engaged in property management and investment activity. SJW was founded on February 8, 1985 and is headquartered in San Jose, CA.