Avista VP Sells $22,089 in Shares

Insider selling reduces stake by 12.37% as company raises quarterly dividend

Mar. 14, 2026 at 12:51pm

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Avista Corporation (NYSE:AVA) VP Alexis Alexander sold 555 shares of the company's stock on March 13 at an average price of $39.80, for a total transaction of $22,089. This reduced Alexander's stake in the company by 12.37% to 3,930 shares. The company also recently raised its quarterly dividend to $0.4925, implying a 4.9% yield and an 82.77% payout ratio.

Why it matters

Insider selling can provide insights into management's views on a company's prospects, while dividend increases signal confidence in the business. Avista's stock price and dividend yield are important factors for investors to monitor.

The details

The transaction was disclosed in a filing with the Securities & Exchange Commission. Avista's stock opened at $39.85 on the day of the sale, up 1.4%. The company has a market cap of $3.28 billion and a price-to-earnings-growth ratio of 2.12.

  • The shares were sold on Friday, March 13, 2026.
  • Avista's quarterly dividend of $0.4925 per share was paid on March 13, 2026 (ex-dividend date was February 25).

The players

Alexis Alexander

Vice President at Avista Corporation.

Avista Corporation

An integrated energy company providing electric and natural gas delivery services in the Pacific Northwest.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This insider sale, combined with Avista's recent dividend increase, suggests the company's management team remains confident in the business's long-term prospects despite some recent analyst downgrades and target price cuts.