Is Middlesex Water Stock a Buy After a Director Purchased 2,000 Shares?

Robert N. Hoglund, a member of the Board of Directors for Middlesex Water Company (MSEX +0.76%), reported the open-market purchase of 2,000 shares on Feb. 27, 2026, for a transaction value of ~$109,000 according to the SEC Form 4 filing.Transaction summaryMetricValueShares traded (direct)2,000Transaction value$109KPost-transaction shares (direct)2,000Post-transaction value (direct ownership)$108KTransaction value based on SEC Form 4 reported price ($54.31); post-transaction value based on Feb. 27, 2026 mark ...