Avista Corp's Meyer David J Sells 1367 Shares at $36.72 on 2025-09-05

Avista Corp. (AVA) announced that Vice President Meyer David J has sold 1,367 shares at $36.72 per share on September 5, 2025.

Title: Avista Corp. (AVA) Vice President David J. Meyer Sells Shares

Avista Corp. (AVA), a leading electric and natural gas utility company, has seen significant insider trading activity recently. On September 5, 2025, Vice President David J. Meyer sold 1,367 shares of Avista stock at an average price of $36.72 per share [1].

Meyer's sale is part of a broader trend of insider selling within Avista. Over the past 24 months, insiders have sold a total of 14,738 shares for a total of $542,040.38. The latest sale by Meyer, valued at $49,988.04, represents a notable addition to this trend. Insiders currently own 0.96% of Avista stock [1].

The recent insider selling has raised questions about the company's future prospects. However, it is important to note that insider trading does not always indicate a negative outlook. Insiders may sell shares for a variety of reasons, including personal financial needs or tax planning.

In the context of Avista's recent earnings, the company reported a missed earnings estimate for the last quarter, with earnings per share of $0.17 compared to the expected $0.28, and revenue of $400 million, below the forecast of $416.06 million. Despite this, the company declared a quarterly dividend of $0.49 per share, reflecting a yield of 5.4% [2].

Northern Trust Corp, a significant institutional investor in Avista, also reduced its stake in the company by 0.8% in the first quarter, retaining 1,016,914 shares worth approximately $42.58 million [2]. Other institutional investors, such as Sowell Financial Services LLC, Russell Investments Group Ltd., and American Century Companies Inc., have also made changes to their positions in Avista during the first quarter [2].

Avista's stock has been relatively stable, trading down 0.4% on Wednesday, September 3, 2025, to reach $36.31. The company has a market capitalization of $2.94 billion, a P/E ratio of 16.35, and a beta of 0.41. The business's 50-day moving average price is $37.46, and its 200-day moving average price is $38.78 [2].

In conclusion, while the recent insider selling by Vice President David J. Meyer may raise concerns, it is crucial for investors to consider the broader context of Avista's financial performance and the company's future prospects. As with any investment decision, thorough research and analysis are essential.

References:
[1] https://www.marketbeat.com/stocks/NYSE/AVA/insider-trades/
[2] https://www.marketbeat.com/instant-alerts/filing-northern-trust-corp-has-4258-million-stake-in-avista-corporation-ava-2025-08-29/