Insiders are Selling These Utilities Stocks in November

Wall St. Watchdog reveals information about insiders who are bearish on these stocks in the Utilities sector for the week ending November 11th, 2011.

  • Kevin Burke who is Chairman, President & CEO at Consolidated Edison Inc. (NYSE:ED), sold 180,000 shares on Nov 09 at $58.57 per share for a total value of $10,542,600. The shares recently traded at $58.37, up $0.74, or 1.28% since the insider sale. About the company: Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers. Get the most recent company news and stock data here >>
  • Robert N Hoglund who is SVP & CFO at Consolidated Edison Inc. (NYSE:ED), sold 50,000 shares on Nov 09 at $59.07 per share for a total value of $2,953,500. The shares recently traded at $58.37, up $0.74, or 1.28% since the insider sale. About the company: Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers. Get the most recent company news and stock data here >>
  • Longhi G William who is President & CEO, O&R at Consolidated Edison Inc. (NYSE:ED), sold 8,000 shares on Nov 08 at $59.10 per share for a total value of $472,800. The shares recently traded at $58.37, down $0.38, or 0.65% since the insider sale. About the company: Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers. Get the most recent company news and stock data here >>
  • Sherrill W Hudson who is Exec. Chairman of the Board at TECO Energy, Inc. (NYSE:TE), sold 30,000 shares on Nov 08 at $19.11 per share for a total value of $573,150. The shares recently traded at $18.53, down $0.45, or 2.37% since the insider sale. About the company: TECO Energy, Inc. is a diversified, energy-related utility holding company. The Company, through various subsidiaries, provides retail electric service to customers in west central Florida, as well as purchases, distributes, and markets natural gas for residential, commercial, industrial, and electric power generation customers. Teco also has coal operations. 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 57,397 shares on Nov 09 at $20.70 per share for a total value of $1,188,118. The shares recently traded at $20.83, up $0.27, or 1.31% 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 >>
  • Anthony F Earley Jr who is Retired Exec Chrmn of Brd at DTE Energy Co. (NYSE:DTE), sold 11,782 shares on Nov 10 at $51.27 per share for a total value of $604,091. The shares recently traded at $51.65, up $0.47, or 0.92% since the insider sale. About the company: DTE Energy Company, a diversified energy company, develops and manages energy-related businesses and services nationwide. The Company, through its subsidiaries, generates, purchases, transmits, distributes, and sells electric energy in southeastern Michigan. DTE is also involved in gas pipelines and storage, unconventional gas exploration, development, and production. Get the most recent company news and stock data here >>
  • 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 $43.55, down $0.39, or 0.89% 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 >>

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

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