Avista Corp VP Roger D. Woodworth Unloads 1,000 Shares (AVA)
Avista Corp (NYSE:AVA) VP Roger D. Woodworth sold 1,000 shares of the stock on the open market in a transaction dated Thursday, June 5th. The stock was sold at an average price of $31.50, for a total transaction of $31,500.00. Following the transaction, the vice president now directly owns 25,820 shares of the company’s stock, valued at approximately $813,330. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
AVA has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Avista Corp from an “outperform” rating to a “neutral” rating in a research note on Monday, May 12th. They now have a $34.70 price target on the stock. Finally, analysts at CRT Capital initiated coverage on shares of Avista Corp in a research note on Monday, April 7th. They set a “fair value” rating and a $32.00 price target on the stock.
Avista Corp (NYSE:AVA) traded down 0.47% on Friday, hitting $31.65. The stock had a trading volume of 203,228 shares. Avista Corp has a one year low of $25.55 and a one year high of $32.94. The stock has a 50-day moving average of $31.77 and a 200-day moving average of $29.55. The company has a market cap of $1.904 billion and a price-to-earnings ratio of 16.32.
Avista Corp (NYSE:AVA) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.81 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.77 by $0.04. The company had revenue of $490.96 million for the quarter, compared to the consensus estimate of $488.92 million. During the same quarter last year, the company posted $0.71 earnings per share. Avista Corp’s revenue was up 1.7% compared to the same quarter last year. Analysts expect that Avista Corp will post $1.88 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Thursday, May 22nd will be given a dividend of $0.3175 per share. This represents a $1.27 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend is Tuesday, May 20th.
Avista Corporation (NYSE:AVA) is an energy company engaged in the generation, transmission and distribution of energy, as well as other energy-related businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.