William T. Yanavitch II, a director at York Water Co (NASDAQ:YORW), recently acquired 255.563 shares of common stock at $29.347 per share, totaling $7,500. The purchase occurred as the stock trades near its 52-week low of $28.26.
Analysis suggests the company is currently overvalued. However, York Water has maintained dividend payments for 53 consecutive years, with a current yield of 3.12%.
Following the acquisition, Yanavitch II directly holds 351.703 shares. The company recently completed a public stock offering raising approximately $47.7 million in net proceeds.
