Insiders are Bearish on These Utilities Stocks

Wall St. Watchdog reveals information about insiders who are bearish on these stocks in the Utilities sector for the week ending November 4th, 2011.

  • William H Spence who is President and COO at PPL Corporation (NYSE:PPL), sold 13,661 shares on Nov 03 at $30.00 per share for a total value of $409,830. The shares recently traded at $29.85, down $0.15, or 0.5% since the insider sale. About the company: PPL Corporation is an energy and utility holding company. The Company, through its subsidiaries, generates electricity from power plants in the northeastern and western United States, and markets wholesale and retail energy primarily in the northeastern and western portions of the United States, and delivers electricity in Pennsylvania and the United Kingdom. Get the most recent company news and stock data here >>
  • James M Rosser who is Director at Edison International (NYSE:EIX), sold 2,500 shares on Nov 03 at $41.08 per share for a total value of $102,693. The shares recently traded at $41.02, down $0.11, or 0.27% since the insider sale. About the company: Edison International, through its subsidiaries, develops, acquires, owns, and operates electric power generation facilities worldwide. The Company also provides capital and financial services for energy and infrastructure projects, as well as manages and sells real estate projects. Additionally, Edison provides integrated energy services, utility outsourcing, and consumer products. Get the most recent company news and stock data here >>
  • Milton Carroll who is Director at CenterPoint Energy, Inc. (NYSE:CNP), sold 10,000 shares on Nov 04 at $20.26 per share for a total value of $202,600. The shares recently traded at $20.35, up $0.04, or 0.2% since the insider sale. About the company: CenterPoint Energy, Inc. is a public utility holding company. The Company, through its subsidiaries, conducts activities in electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations, and power generation. 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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