Dte Energy Co (DTE) Files Form 4 Insider Selling : David E Meador Sells 6,700 Shares

Dte Energy Co (DTE): David E Meador , Vice Chairman and CAO of Dte Energy Co sold 6,700 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were sold at $90.14 per share for a total value of $603,962.81 , 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 4, 2016, Gerard M Anderson (Chairman and CEO) sold 20,000 shares at $89.75 per share price.On Mar 2, 2016, Gail J Mcgovern (director) sold 1,000 shares at $84.92 per share price.Also, On Feb 25, 2016, Lisa A. Muschong (Corporate Secretary) sold 1,322 shares at $85.34 per share price.On Feb 24, 2016, Steven E Kurmas (President and COO) sold 12,771 shares at $85.19 per share price.

Shares of DTE Energy Co (DTE) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.07% at $90.28 with 7,93,771 shares getting traded. Post opening the session at $90.64, the shares hit an intraday low of $90.05 and an intraday high of $90.79 and the price vacillated in this range throughout the day. The company has a market cap of $16,199 M and the number of outstanding shares has been calculated to be 17,94,35,400 shares. The 52-week high of DTE Energy Co is $92.32 and the 52-week low is $73.23.

DTE Energy Co Money Flow Index Chart

DTE Energy Company (DTE) is an energy company. The Company’s other businesses are involved in natural gas pipelines gathering and storage power and industrial projects and energy marketing and trading operations. Its segments include Electric Gas Gas Storage and Pipelines Power and Industrial Projects Energy Trading and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric which is engaged in the generation purchase distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas which is engaged in the purchase storage transportation distribution and sale of natural gas to approximately 1.2 million residential commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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