Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- Bernadette Sohler - VP-Corporate Affairs, Bought $58,159 worth of shares on 1 day ago
In addition, TradingView issued a Strong Buy rating for MSEX over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bullish short-term outlook.
Middlesex Water Company, MSEX
Summary: Middlesex Water Company treats, stores and distributes water for residential, commercial, industrial and fire prevention purposes.
- Last Price: 105.07
- Price Change: 1, 1.43%
- Yearly Gain: 31.38%
- Market Cap: 1.84B
- P/E Ratio: 49.992
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