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 the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $43.10, for a total value of $1,077,500.00. Following the sale, the insider directly owned 121,014 shares of the company's stock, valued at $5,215,703.40. The trade was a 17.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Via Renewables Stock Up 0.8%

Via Renewables stock opened at $51.48 on Tuesday. Via Renewables, Inc. has a twelve month low of $43.50 and a twelve month high of $56.31. The stock has a 50 day moving average of $10.91 and a two-hundred day moving average of $10.83. The company has a current ratio of 2.34, a quick ratio of 2.32 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $372.35 million, a price-to-earnings ratio of 12.81 and a beta of 1.34.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen began coverage on Via Renewables in a research report on Thursday, May 22nd. They set 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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