Atmos Energy Corp (ATO) Files Form 4 Insider Selling : Marvin L Sweetin Sells 4,000 Shares

Atmos Energy Corp (ATO): Marvin L Sweetin , SR VP, Safety & Enterprise Ser of Atmos Energy Corp sold 4,000 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $74.16 per share for a total value of $296,640.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 7, 2015, Christopher T Forsythe (Vice President and Controller) sold 3,000 shares at $62.00 per share price.On Feb 10, 2015, Louis P Gregory (Sr VP, GC & Corp. Secretary) sold 1,000 shares at $54.66 per share price.

Shares of Atmos Energy Corporation (ATO) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.23 points or -0.31% at $74.26 with 8,12,258 shares getting traded. Post opening the session at $74.53, the shares hit an intraday low of $73.83 and an intraday high of $75.02 and the price vacillated in this range throughout the day. The company has a market cap of $7,592 M and the number of outstanding shares has been calculated to be 10,22,33,265 shares. The 52-week high of Atmos Energy Corporation is $75.05 and the 52-week low is $50.83.

Atmos Energy Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Atmos Energy Corporation is Initiated by BB&T Capital Mkts to Buy and the brokerage firm has set the Price Target at $80. The Rating was issued on Mar 30, 2016.Atmos Energy Corporation is Downgraded by Morgan Stanley to Equal-Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 18, 2016.

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential commercial public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment which includes regulated distribution and related sales operations; the regulated pipeline segment which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment which includes nonregulated natural gas management nonregulated natural gas transmission storage and other services.

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