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EdgarHawk

Scarpato Matthew J

Chief Operating Officer

Officer

Latest: COO buying · May 2026

7 filings analyzed · 1 company · Latest 2026-05-08

Companies

Company Buys Sells Direction
YORK WATER CO YORW 7 0 Net buying

Activity

May 2026
2026-05-08 YORK WATER CO YORW
high
Buy
700 shares
$20,510
Significance 6/10

Chief Operating Officer Matthew Scarpato purchases 700 shares of York Water at market price, growing position while stock trades well below recent highs.

Matthew Scarpato, York Water's Chief Operating Officer, purchased 700 shares in early May, increasing his holdings by more than a third with a single transaction. This is his eighth open-market purchase in the past three years — he has never sold shares on the open market — establishing a consistent pattern of accumulation. However, his timing on prior buys at this company has been mixed: only one of his five previous purchases at York Water preceded gains over the following quarter, while four preceded declines, suggesting his entry points have not consistently captured near-term strength. The stock is currently trading well below its recent highs and has declined modestly over the past three months, creating a lower entry point. York Water remains a stable, profitable company with growing revenue, which provides some fundamental support for his continued buying at these levels.

April 2026
2026-04-17 YORK WATER CO YORW
medium
Buy
103 shares
$3,000
Significance 6/10

COO Matthew J Scarpato buys 102 shares of YORW at $29.13; cluster pattern with 6 other insiders in 14 days

Matthew J Scarpato, Chief Operating Officer of York Water, purchased 102 shares at $29.13 on 2026-04-16, increasing his holdings to 1,074 shares (+10.6% vs pre-transaction). This buy occurs within a cluster of 6 other insider purchases in the past 14 days, suggesting coordinated director/officer interest. Scarpato's prior trades at YORW show 3 of 5 prior buys were well-timed at the 90-day mark, with an uneven track record (ranging from 90d returns of +17.1% to -5.7%). The current stock price of $30.08 is -17.1% from its 52-week high of $36.28 and down 11.4% over 90 days, contrasting with a modest P/E of 21.96 and stable fundamentals ($20.4M quarterly revenue, +3.4% annual growth). The cluster pattern and insider accumulation at a lower valuation relative to recent peaks warrant investor attention to the underlying business rationale.

January 2026
2026-01-16 YORK WATER CO YORW
medium
Buy
92 shares
$2,800
Significance 5/10

COO Matthew J Scarpato buys 91 YORW shares at $30.45; 6 other insiders bought within 14 days

Matthew J Scarpato, Chief Operating Officer of York Water Co, purchased 91 shares at $30.45 on 2026-01-16, expanding his holdings to 964 shares (+10.5% from 872 shares pre-transaction). The trade occurs against a backdrop of synchronized insider activity: 6 other insiders also purchased within the past 14 days, indicating a cluster buy pattern. Scarpato's same-ticker purchase history shows 3 of 5 prior buys generated positive 90-day returns, with the most recent purchase on 2025-10-16 returning +11.7% at 30 days and +17.1% at 90 days. The current stock price of $33.94 sits 9.0% above the 90-day trailing point, consistent with prior pattern. The company reports healthy fundamentals: $20.4M quarterly revenue, $6.2M net income, and 5.5% annual revenue growth, though the P/E of 24.42 reflects elevated valuation relative to historical norms for this sector.

October 2025
2025-10-20 YORK WATER CO YORW
medium
Buy
34 shares
$975
Significance 6/10

COO Matthew J Scarpato buys 33 YORW shares at $28.83 amid cluster buy by 6 other insiders in 14 days

Matthew J Scarpato, Chief Operating Officer of York Water Co, purchased 33 shares at $28.83 on 2025-10-16, bringing his holdings to 865 shares (+4.1% vs pre-transaction). The transaction occurred during an active insider buying cluster, with 6 other insiders acquiring shares within the same 14-day window. Scarpato's prior buys at YORW show mixed timing results: 2 of 4 prior trades achieved positive 90-day returns (+2.9%, +13.4%), while 2 resulted in negative 90-day returns (-5.7%, -13.6%). The company's fundamentals show revenue of $19,199,000.00 with net income of $5,052,000.00 in the latest quarter, and annual revenue growth of +5.5%, though the P/E of 23.69 sits above historical context. Current price of $32.46 is -14.9% from the 52-week high of $38.15, suggesting the stock has pulled back from elevated levels.

July 2025
2025-07-17 YORK WATER CO YORW
high
Buy
33 shares
$975
Significance 6/10

VP Operations buys 32 YORW shares at $29.89; cluster of 5 other insiders bought within 14 days

Matthew J Scarpato, VP Operations, purchased 32 shares at $29.89 on 2025-07-16, increasing his holdings to 825 shares (+4.1%). The transaction occurred as the stock trades at $31.24 current price, down 24.4% from its 52-week high of $41.31. Notably, this buy is part of a cluster pattern: 5 other insiders also bought within the past 14 days, suggesting coordinated confidence among the insider group. At YORW specifically, Scarpato's prior three trades show mixed results: a January 2025 buy delivered +13.4% over 90 days, while April 2025 and July 2023 buys each produced negative 90-day returns (-5.7% and -13.6% respectively), with only 1 of 3 prior buys at this ticker well-timed at the 90-day mark. The company's recent fundamentals show Revenue of $18,456,000.00 and Net income of $3,638,000.00 with 5.5% annual growth, but the current P/E of 22.97 and stock price down 12.3% over 90 days provide context for assessing conviction behind the group purchase.

April 2025
2025-04-16 YORK WATER CO YORW
medium
Buy
29 shares
$975
Significance 6/10

VP Operations buys 29 YORW shares at $33.11; 5 other insiders bought in past 14 days—cluster pattern emerges.

Scarpato Matthew J, VP of Operations at York Water, purchased 29 shares at $33.11 on 2025-04-16, increasing his stake to 427 shares. The trade occurs within a cluster window: 5 other insiders also bought within the past 14 days, which is a notable pattern of coordinated insider accumulation. At the same ticker, his prior buy on 2025-01-16 delivered a 90d return of +13.4%, demonstrating prior successful timing at YORW; his 2023-07-20 buy had a 90d return of -13.6%. The current stock price of $35.45 sits -14.2% from the 52-week high of $41.31, positioning the trade in a pullback zone after a recent 90-day rally of +12.5%. The company shows solid fundamentals with $19.7M net income on $19.715M quarterly revenue and 5.5% annual growth, though the P/E of 28.82 reflects premium valuation. The cluster buy by multiple insiders alongside a VP-level accumulation warrants attention to whether this reflects confidence in near-term prospects or simply routine rebalancing aligned with internal schedules.

January 2025
2025-01-16 YORK WATER CO YORW
medium
Buy
24 shares
$750
Significance 4/10

VP-Operations Scarpato buys 23 YORW shares at $31.25; stock down 23.8% from 52-week high. 5 other insiders bought within 14 days.

Matthew J Scarpato, VP-Operations, purchased 23 shares of York Water Co at $31.25 on 2025-01-16, increasing his holdings from 371 to 395 shares (+6.5% net change). The purchase occurs amid significant recent price weakness: the stock is -23.8% from its 52-week high of $41.31 and has declined 10.2% over the past 30 days and 16.9% over 90 days. Notably, a cluster of 5 other insiders also bought within the past 14 days, suggesting coordinated director/officer confidence during a downturn. However, Scarpato's own cross-ticker track record shows limited predictive value: his single prior buy achieved only +0.1% return over 30 days and -13.6% over 90 days, with a 0% win rate, and his same-ticker history at YORW repeats this pattern (prior buy on 2023-07-20 yielded -13.6% 90-day return). The company's fundamentals remain solid (revenue $19.7M in latest quarter, 18.3% annual growth, P/E of 21.43), but the pattern of recent insider accumulation coinciding with depressed prices and Scarpato's poor historical timing outcomes deserves investor attention to determine whether this represents a genuine valuation opportunity or a misaligned read on near-term directional risk.

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