Nechemia Jacob Peres Sells 388,645 Shares of Via Renewables (NASDAQ:VIA) Stock

Key Points

• Nechemia Jacob Peres, a director at Via Renewables, sold 388,645 shares of the company's stock for approximately $16.75 million, resulting in a 98.37% decrease in his ownership.
• Following the sale, Peres retained 6,425 shares valued at around $276,917.50.
• Via Renewables' shares opened at $51.48, with a twelve-month high of $56.31 and a market cap of $372.35 million.

Via Renewables, Inc. (NASDAQ:VIA - Get Free Report) Director Nechemia Jacob Peres sold 388,645 shares of the company's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $43.10, for a total value of $16,750,599.50. Following the sale, the director owned 6,425 shares of the company's stock, valued at approximately $276,917.50. This represents a 98.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Via Renewables Price Performance

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

Analyst Ratings Changes

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

Via Renewables Company Profile

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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