{
  "id": 948149,
  "title": "California Water Service director Krummel sells $186,350 in shares",
  "url": "https://urgent.news/2026/08/15/california-water-service-director-krummel-sells-186-350-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T03:45:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/california-water-service-director-krummel-sells-186350-in-shares-93CH-4861720"
  },
  "original_language": "en",
  "account": "On August 13, 2026, Thomas M. Krummel, a director at California Water Service Group (NYSE:CWT), sold 3,700 shares of the company's common stock, amounting to $186,350. The shares were sold at $50.365 per share, nearly the current trading price of $50.40. Despite the shares being above the company's fair value according to InvestingPro analysis, Krummel's stake in the company remains significant, with him currently owning 20,103.922 shares. The company has a history of consistent dividend payments for 56 years, currently offering a yield of 2.66%.\n\nIn addition to Krummel's sale, California Water Service Group reported robust second-quarter 2026 results. The company reported earnings of $0.93 per share, exceeding analysts' estimates of $0.82 per share. Revenue also surpassed expectations, reaching $308.6 million compared to the projected $278.2 million. This strong performance was attributed to a delayed rate case decision in California and the recovery of retroactive revenue. Earnings per share increased by 31% year-over-year, while revenue rose by 16.4%. These achievements underscore the company's solid financial health.",
  "summary": null,
  "key_points": [
    "California Water Service director Krummel sold 3,700 shares for $186,350",
    "Shares sold at $50.365 each, near current trading price of $50.40",
    "Krummel retains 20,103.922 shares, company offers 2.66% dividend yield"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}