The Insider ownership of York Water Co. is 1.27%
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
the york water company is the nation's oldest investor owned utility.york water provides service to 46 municipalities and 200,000 people in south central pennsylvania. york water stock (nasdaq: yorw) can also be purchased directly from the company's website. please read the plan materials before purcahisng any stock.