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Insider Selling: Via Renewables (NASDAQ:VIA) CEO Sells 500,000 Shares of Stock

Via Renewables logo with Energy background

Key Points

  • Daniel Ramot, CEO of Via Renewables, sold 500,000 shares of stock at an average price of $43.10, totaling approximately $21.55 million, which decreased his holdings by 17.16%.
  • The company's stock price on Tuesday opened at $51.48, with a market cap of around $372.35 million and a P/E ratio of 12.81.
  • Wall Street Zen has initiated coverage of Via Renewables, awarding the company a "hold" rating.
  • Interested in Via Renewables? Here are five stocks we like better.

Via Renewables, Inc. (NASDAQ:VIA - Get Free Report) CEO Daniel Ramot sold 500,000 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $43.10, for a total transaction of $21,550,000.00. Following the completion of the transaction, the chief executive officer owned 2,414,053 shares of the company's stock, valued at approximately $104,045,684.30. The trade was a 17.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Via Renewables Stock Up 0.8%

Shares of NASDAQ:VIA opened at $51.48 on Tuesday. The stock has a market cap of $372.35 million, a P/E ratio of 12.81 and a beta of 1.34. The firm has a fifty day moving average price of $10.91 and a 200 day moving average price of $10.83. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.34 and a quick ratio of 2.32. Via Renewables, Inc. has a 1-year low of $43.50 and a 1-year high of $56.31.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on shares of Via Renewables in a research report on Thursday, May 22nd. They set a "hold" rating for the company.

View Our Latest Analysis on Via Renewables

About Via Renewables

(Get Free Report)

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.

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