A notable insider purchase on February 13, was reported by Kevin J Christie, SVP at Avista (NYSE:AVA), based on the most recent SEC filing.
What Happened: Christie's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, involves purchasing 8,922 shares of Avista. The total transaction value is $329,935.
Monitoring the market, Avista's shares up by 0.94% at $37.6 during Friday's morning.
About 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.
Avista's Financial Performance
Positive Revenue Trend: Examining Avista's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.72% as of 30 September, 2024, ...