Insider Selling: Entergy Co. (NYSE:ETR) Insider Sells $236,250.00 in Stock

Entergy Co. (NYSE:ETR) insider Haley Fisackerly sold 2,250 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $105.00, for a total value of $236,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Haley Fisackerly also recently made the following trade(s):

  • On Wednesday, June 5th, Haley Fisackerly sold 2,250 shares of Entergy stock. The stock was sold at an average price of $100.00, for a total value of $225,000.00.
  • On Thursday, May 23rd, Haley Fisackerly sold 2,200 shares of Entergy stock. The stock was sold at an average price of $99.00, for a total value of $217,800.00.
  • On Wednesday, May 1st, Haley Fisackerly sold 3,501 shares of Entergy stock. The stock was sold at an average price of $97.00, for a total value of $339,597.00.

Entergy stock opened at $104.67 on Thursday. The firm’s 50 day moving average price is $101.16. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.52 and a current ratio of 0.70. The company has a market cap of $19.78 billion, a PE ratio of 14.32, a price-to-earnings-growth ratio of 2.81 and a beta of 0.37. Entergy Co. has a fifty-two week low of $77.59 and a fifty-two week high of $105.55.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Wednesday, May 1st. The utilities provider reported $0.82 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.12). The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.67 billion. Entergy had a net margin of 9.04% and a return on equity of 15.17%. During the same period in the previous year, the firm posted $0.83 earnings per share. As a group, equities analysts forecast that Entergy Co. will post 5.3 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the business. Bank of The West boosted its position in shares of Entergy by 4.0% in the 1st quarter. Bank of The West now owns 2,777 shares of the utilities provider’s stock worth $266,000 after purchasing an additional 108 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Entergy by 4.1% in the 1st quarter. Victory Capital Management Inc. now owns 2,777 shares of the utilities provider’s stock worth $266,000 after purchasing an additional 110 shares in the last quarter. CWM Advisors LLC boosted its position in shares of Entergy by 1.9% in the 4th quarter. CWM Advisors LLC now owns 6,479 shares of the utilities provider’s stock worth $558,000 after purchasing an additional 123 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Entergy by 2.1% in the 4th quarter. Bessemer Group Inc. now owns 6,323 shares of the utilities provider’s stock worth $543,000 after purchasing an additional 128 shares in the last quarter. Finally, Horrell Capital Management Inc. boosted its position in shares of Entergy by 0.4% in the 1st quarter. Horrell Capital Management Inc. now owns 31,197 shares of the utilities provider’s stock worth $2,983,000 after purchasing an additional 138 shares in the last quarter. 87.88% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently issued reports on ETR. UBS Group reissued a “buy” rating on shares of Fortis in a research note on Friday, June 7th. ValuEngine cut Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Morgan Stanley set a $18.00 price objective on PG&E and gave the company a “hold” rating in a research report on Friday, June 14th. Macquarie cut Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research report on Thursday, May 2nd. Finally, Zacks Investment Research cut German American Bancorp. from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $95.50.

Entergy Company Profile

Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States. It generates electricity through gas/oil, nuclear, coal, hydro, and solar power sources. The company's Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and distributes natural gas.

Featured Article: Current Ratio

Insider Buying and Selling by Quarter for Entergy (NYSE:ETR)

Receive News & Ratings for Entergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entergy and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit