Middlesex Water Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:MSEX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Mar 25	SellUS$19,323	Walter Reinhard	Individual	300	US$64.41
08 Nov 24	SellUS$9,911	Robert Capko	Individual	143	US$69.31
27 Aug 24	SellUS$30,977	Walter Reinhard	Individual	500	US$61.96
20 Jun 24	BuyUS$226,441	A. O'Connor	Individual	4,385	US$51.64
22 May 24	SellUS$48,986	Walter Reinhard	Individual	857	US$57.16

Insider Trading Volume

Insider Buying: MSEX insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of MSEX?
Owner Type	Number of Shares	Ownership Percentage
State or Government	4,351	0.0243%
Individual Insiders	324,919	1.82%
General Public	3,929,234	22%
Institutions	13,628,950	76.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 64.45% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
19.4%	BlackRock, Inc.	3,475,374	US$216.2m	3.77%	no data
8.34%	T. Rowe Price Group, Inc.	1,492,117	US$92.8m	9.38%	0.01%
7.78%	The Vanguard Group, Inc.	1,391,501	US$86.6m	-2.06%	no data
4.65%	State Street Global Advisors, Inc.	830,972	US$51.7m	2.15%	no data
2.41%	Geode Capital Management, LLC	431,767	US$26.9m	-0.64%	no data
2.4%	Dimensional Fund Advisors LP	429,580	US$26.7m	-2.42%	no data
2.18%	First Trust Advisors LP	390,013	US$24.3m	-64.3%	0.02%
1.84%	Eaton Vance Management	328,278	US$20.4m	1.47%	no data
1.36%	Invesco Capital Management LLC	242,968	US$15.1m	-10.8%	0.01%
1.25%	Northern Trust Global Investments	223,361	US$13.9m	11.6%	no data
1.2%	Morgan Stanley, Investment Banking and Brokerage Investments	215,471	US$13.4m	-0.77%	no data
1.2%	BNY Asset Management	214,913	US$13.4m	3.36%	no data
1.09%	Legal & General Investment Management Limited	195,836	US$12.2m	-0.11%	no data
1.01%	Thematics Asset Management	181,000	US$11.3m	0%	0.39%
1%	First Manhattan Co. LLC	178,175	US$11.1m	-4.53%	0.03%
1%	GO ETF Solutions LLP	178,015	US$11.1m	0%	0.17%
0.96%	Charles Schwab Investment Management, Inc.	172,472	US$10.7m	3.1%	no data
0.9%	Renaissance Technologies LLC	161,213	US$10.0m	-14.1%	0.02%
0.75%	ProShare Advisors LLC	133,629	US$8.3m	13.5%	0.02%
0.72%	Amundi Asset Management SAS	128,526	US$8.0m	7.39%	no data
0.69%	Joshua Bershad	123,004	US$7.7m	0%	no data
0.61%	TSP Capital Management Group, LLC	109,288	US$6.8m	-0.32%	2.17%
0.6%	UBS Asset Management AG	107,038	US$6.7m	6.28%	no data
0.57%	Cramer Rosenthal McGlynn LLC	102,385	US$6.4m	-3.21%	0.39%
0.51%	Jane Street Group, LLC, Asset Management Arm	91,530	US$5.7m	751%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/16 11:21
End of Day Share Price	2025/03/14 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Middlesex Water Company is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Benjamin Kallo	Baird
Davis Sunderland	Baird
Ryan Connors	Boenning & Scattergood, Inc.