Via Renewables (NASDAQ:VIA) Insider Sells $1,077,500.00 in Stock

Key Points

• Insider Erin Abrams sold 25,000 shares of Via Renewables at an average price of $43.10, totaling $1,077,500, reducing their ownership by 17.12%.
• The current market capitalization of Via Renewables is $372.35 million, with a price-to-earnings ratio of 12.81.
• Wall Street Zen initiated coverage on Via Renewables, assigning it a "hold" rating on May 22nd.

Via Renewables, Inc. (NASDAQ:VIA - Get Free Report) insider Erin Abrams sold 25,000 shares of Via Renewables stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $43.10, for a total value of $1,077,500.00. Following the sale, the insider owned 121,014 shares of the company's stock, valued at approximately $5,215,703.40. This trade represents a 17.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Via Renewables Stock Performance

Shares of VIA traded up $2.39 during trading hours on Friday, reaching $50.55. 464,847 shares of the company's stock traded hands, compared to its average volume of 917,525. The company has a current ratio of 2.34, a quick ratio of 2.32 and a debt-to-equity ratio of 1.64. Via Renewables, Inc. has a 12 month low of $43.50 and a 12 month high of $56.31.

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.