The SVP & CFO of Middlesex Water Company (NASDAQ: MSEX) is Selling Shares

Today, the SVP & CFO of Middlesex Water Company (MSEXResearch Report), Bruce Oconnor, sold shares of MSEX for $103.8K.

Following Bruce Oconnor’s last MSEX Sell transaction on October 09, 2018, the stock climbed by 13.8%. In addition to Bruce Oconnor, one other MSEX executive reported Sell trades in the last month.

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MSEX’s market cap is $994.5M and the company has a P/E ratio of 29.08. Currently, Middlesex Water Company has an average volume of 14.35K.

The insider sentiment on Middlesex Water Company has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Bruce Oconnor’s trades have generated a -18.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm’s services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated.

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