Cms Energy Corp (CMS): Daniel J Malone , Senior Vice President of Cms Energy Corp sold 3,639 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $40.95 per share for a total value of $149,030.16 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, John G Russell (President and CEO) sold 196,000 shares at $41.04 per share price.On May 12, 2016, David G Mengebier (Senior Vice President) sold 13,420 shares at $41.66 per share price.Also, On May 5, 2016, Thomas J Webb (Exec Vice Pres/CFO) sold 100,000 shares at $41.52 per share price.On Mar 9, 2016, Glenn P Barba (VP, Controller, CAO) sold 9,000 shares at $40.75 per share price.
Shares of CMS Energy Corporation (CMS) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.28 points or -0.68% at $40.93 with 13,76,754 shares getting traded. Post opening the session at $41.06, the shares hit an intraday low of $40.8 and an intraday high of $41.23 and the price vacillated in this range throughout the day. The company has a market cap of $11,459 M and the number of outstanding shares has been calculated to be 27,99,61,710 shares. The 52-week high of CMS Energy Corporation is $42.87 and the 52-week low is $31.22.
Company has been under the radar of several Street Analysts.CMS Energy Corporation is Downgraded by Macquarie to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 5, 2016.
CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segment’s operations include the generation purchase distribution and sale of electricity. CMS Energy’s enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers’ gas utility operations include the purchase transmission storage distribution and sale of natural gas.