What after Jeffrey Hines’s Insider Acquisition of The York Water Company (YORW) Stock?; Perritt Capital Management Increased Its Trecora Res (TREC) Stake

Perritt Capital Management Inc increased Trecora Res (TREC) stake by 10.88% reported in 2017Q3 SEC filing. Perritt Capital Management Inc acquired 30,382 shares as Trecora Res (TREC)’s stock declined 13.04%. The Perritt Capital Management Inc holds 309,616 shares with $4.12 million value, up from 279,234 last quarter. Trecora Res now has $336.64M valuation. The stock increased 0.73% or $0.1 during the last trading session, reaching $13.85. About 24,828 shares traded. Trecora Resources (NYSE:TREC) has risen 3.97% since January 18, 2017 and is uptrending. It has underperformed by 12.73% the S&P500.

Based on an average share price of $32.5, Jeffrey Hines, the York Water Co’s President & CEO obtained 173 shares of York Water Co worth around $5,618 U.S Dollars. In the last month, he also acquired 315 shares worth approximately $10,232 USD. The chance of this acquisition remaining unseen is extremely low because it’s new, with Jeffrey Hines now owning 61,876 shares — that is 0.48% of York Water Co’s stock market capitalization.

Perritt Capital Management Inc decreased Pgt Innovations Inc (NASDAQ:PGTI) stake by 188,500 shares to 144,150 valued at $2.16M in 2017Q3. It also reduced Kadant Inc (NYSE:KAI) stake by 10,850 shares and now owns 9,150 shares. Hudson Technologies Inc (NASDAQ:HDSN) was reduced too.

Among 4 analysts covering Trecora Resources (NYSE:TREC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Trecora Resources had 4 analyst reports since November 30, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, November 30 by TH Capital. The stock has “Buy” rating by B. Riley & Co on Wednesday, November 8. Singular Research maintained Trecora Resources (NYSE:TREC) on Thursday, April 27 with “Buy” rating.

The York Water Company impounds, purifies, and distributes drinking water. The company has market cap of $419.25 million. It owns and operates three wastewater collection systems and two wastewater treatment systems; and has two reservoirs comprising Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. It has a 33.82 P/E ratio. The firm also has a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns seven wells that supply approximately 366,000 gallons of water per day to its clients in Carroll Valley Borough and Cumberland Township, Adams County.

The stock increased 3.00% or $0.95 during the last trading session, reaching $32.6. About 33,833 shares traded or 35.05% up from the average. The York Water Company (NASDAQ:YORW) has risen 17.68% since January 18, 2017 and is uptrending. It has outperformed by 0.98% the S&P500.