Director Andrew M. Cohn of Global Water Resources purchased 139,343 shares of GWRS on Thursday for $8.85 each, totaling $1.23 million. Following the purchase, GWRS saw an increase, trading at a high of $9.50, marking a 5.6% rise on Monday. Cohn had previously invested $1.72 million in GWRS over the past year at an average price of $9.97 per share.
Separately, Alaska Air Group’s CEO Benito Minicucci bought 25,000 shares at $40.06 each, amounting to a $1 million investment on Thursday, which is his first insider buy in the past year. Minicucci’s purchase is currently up 6.0%, with Alaska Air trading at a daily high of $42.45 and an overall gain of 1.9% on Monday.
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