Insider Utility Company Stocks Sales to Analyze

Wall St. Watchdog reveals information about insiders who are bearish on these stocks in the Utilities sector for the week ending November 18th, 2011.

  • W Ron Hinson who is Comptroller at Southern Company (NYSE:SO), sold 14,000 shares on Nov 11 at $43.76 per share for a total value of $612,689. The shares recently traded at $43.01, down $0.93, or 2.12% since the insider sale. About the company: Southern Company is a public utility holding company. The Company, through its subsidiaries, generates, wholesales, and retails electricity in the southeastern United States. The Company also offers wireless telecommunications services, and provides businesses with two-way radio, telephone, paging, and Internet access services as well as wholesales fiber optic solutions. Get the most recent company news and stock data here >>
  • James E Rogers who is Chairman, President & CEO at Duke Energy Corporation (NYSE:DUK), sold 7,406 shares on Nov 11 at $20.92 per share for a total value of $154,970. The shares recently traded at $20.03, down $0.72, or 3.47% since the insider sale. About the company: Duke Energy Corporation is an energy company located primarily in the Americas that owns an integrated network of energy assets. The Company manages a portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America. Get the most recent company news and stock data here >>
  • Dinyar B Mistry who is VP and Controller at PG & E Corp. (NYSE:PCG), sold 1,782 shares on Nov 14 at $40.10 per share for a total value of $71,458. The shares recently traded at $38.24, down $1.78, or 4.45% since the insider sale. About the company: PG&E Corporation is a holding company that holds interests in energy based businesses. The Company’s holdings include a public utility operating in northern and central California that provides electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage. Get the most recent company news and stock data here >>
  • Ralph Izzo who is Chairman, President and CEO at Public Service Enterprise Group Inc. (NYSE:PEG), sold 19,800 shares on Nov 15 at $33.49 per share for a total value of $663,018. The shares recently traded at $32.20, down $1.06, or 3.19% since the insider sale. About the company: Public Service Enterprise Group Incorporated is a public utility holding company. The Company, through its subsidiaries, generates, transmits, and distributes electricity and produces natural gas in in the Northeastern and Mid Atlantic United States. Get the most recent company news and stock data here >>
  • Jeffrey A Corbett who is Sr. VP of major subsidiary at Progress Energy Inc. (NYSE:PGN), sold 5,000 shares on Nov 15 at $53.08 per share for a total value of $265,404. The shares recently traded at $52.11, down $0.83, or 1.57% since the insider sale. About the company: Progress Energy, Inc. is an integrated electric utility that provides energy and energy-related products and services in the Southeast United States. The Company serves electric and gas customers in the Carolinas and in Florida. Get the most recent company news and stock data here >>
  • David G Mengebier who is Senior Vice President at CMS Energy Corp. (NYSE:CMS), sold 4,000 shares on Nov 15 at $20.93 per share for a total value of $83,720. The shares recently traded at $20.42, down $0.49, or 2.34% since the insider sale. About the company: CMS Energy Corporation is an energy company operating primarily in Michigan. The Company, through its subsidiaries provides electricity and/or natural gas to its customers in Michigan. CMS Energy also invests in and operates non-utility power generation plants in the United States and abroad. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from publicly available SEC filings. All data are assumed to be accurate.)

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