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Frederick W. McTaggart, President and CEO of Consolidated Water Co. Ltd. (NASDAQ:CWCO), a company currently valued at $433 million with an impressive InvestingPro Financial Health score of "GREAT," recently sold a total of 4,328 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The transactions took place over two days, February 18 and February 19, 2025, with the stock selling at prices ranging from $28.00 to $28.05 per share. The total value of these sales amounted to $121,231.
Following these transactions, McTaggart retains ownership of 269,667 shares in the company. The sales were conducted under a Rule 10b5-1 trading plan, which McTaggart adopted on June 7, 2024. This plan allows company insiders to sell a predetermined number of shares at a predetermined time, providing a safe harbor from accusations of insider trading.
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