1 week ago

Vice President Of Avista Purchased $217K In Stock

Disclosed in the latest SEC filing, a significant insider purchase on February 13, involves Joshua D DiLuciano, Vice President at Avista (NYSE:AVA).

What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, DiLuciano purchased 5,882 shares of Avista, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $217,516.

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.