YORW CEO Joseph Hand Purchases Company Shares
CEO Joseph Hand bought 25 shares of YORW on June 19, 2026.
Key Points
- YORW's President & CEO Joseph Hand purchased 25 shares valued at $738.25 on June 19, 2026.
- Shares of YORW traded near $29.53 on Monday, reflecting recent insider buying activity.
- BlackRock cut its YORW stake by 42.4%, while Vanguard Capital Management opened a new position.
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President and CEO of YORW, Joseph Thomas Hand, recently bought 25 shares of the company at $29.53 each on June 19, 2026. This insider purchase was valued at $738.25, and it wasn't part of any pre-planned trading program.
Other Institutional Activity in YORW
In recent institutional activity, BlackRock, Inc. reduced its holdings in YORW by 794,710 shares, ending with 1,078,412 shares valued at around $32.8 million, marking a 42.4% decrease. Zimmer Partners, LP also trimmed its position slightly by 9,172 shares, leaving it with 732,677 shares worth approximately $22.3 million, a 1.2% decrease. On the other hand, Morgan Stanley increased its stake by 19,232 shares, now holding 661,948 shares valued at about $20.2 million, a 3.0% rise. Vanguard Capital Management LLC initiated a new position, acquiring 653,993 shares valued at around $19.9 million. Meanwhile, Geode Capital Management, LLC reduced its stake by 6,423 shares, holding 344,631 shares worth about $10.5 million, a decrease of 1.8%. Arrowstreet Capital, Limited Partnership significantly boosted its holdings by 86,917 shares, now owning 326,730 shares valued at nearly $10 million, a 36.2% increase.
Insider Buying and Selling at The York Water Company
Recent insider activity at YORW includes several purchases. Joseph Thomas Hand, the President & CEO, bought 25 shares at $29.53 each on June 19, 2026. Earlier, on May 20, 2026, William Yanavitch II acquired 256 shares at $29.35 per share. On May 8, 2026, Chief Operating Officer Matthew Scarpato purchased 700 shares at $29.30 each. Additionally, on May 4, 2026, Hand acquired 1,509 shares, and on the same day, Paul Bonney bought 154 shares at $29.14 each. Matthew Scarpato also bought 796 shares on May 4, 2026.
Bottom Line
This recent insider purchase by YORW's CEO Joseph Hand could indicate his confidence in the company's future prospects. While insider transactions can provide insight into management's view of the company, they are just one piece of the puzzle for investors. Institutional activity shows a mixed sentiment, with significant stake reductions by BlackRock and new positions by Vanguard. These insider and institutional activities are often watched closely by investors for potential signals about the company's trajectory.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.