1 week ago

Bryan A. Cox Boosts Confidence With $226K Purchase Of Avista Stock

It was revealed in a recent SEC filing that Bryan A. Cox, Senior Vice President at Avista (NYSE:AVA) made a noteworthy insider purchase on February 13,.

What Happened: Cox's recent purchase of 6,137 shares of Avista, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, reflects confidence in the company's potential. The total transaction value is $226,946.

Tracking the Friday's morning session, Avista shares are trading at $37.6, showing a up of 0.94%.

Unveiling the Story Behind Avista

Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.