Cms Energy Corp (CMS): David G Mengebier , Senior Vice President of Cms Energy Corp sold 13,420 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $41.66 per share for a total value of $559,077.19 , 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 12, 2016, David G Mengebier (Senior Vice President) sold 13,420 shares at $41.66 per share price.On May 5, 2016, Thomas J Webb (Exec Vice Pres/CFO) sold 100,000 shares at $41.52 per share price.Also, On Mar 9, 2016, Glenn P Barba (VP, Controller, CAO) sold 9,000 shares at $40.75 per share price.On Mar 3, 2016, Daniel J Malone (Senior Vice President) sold 2,500 shares at $39.56 per share price.
CMS Energy Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in CMS Energy Corporation which led to swings in the share price. The shares opened for trading at $41.5 and hit $41.775 on the upside , eventually ending the session at $41.64, with a gain of 0.60% or 0.25 points. The heightened volatility saw the trading volume jump to 19,75,394 shares. The 52-week high of the share price is $42.87 and the company has a market cap of $11,658 M . The 52-week low of the share price is at $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.