Dte Energy Co (DTE) Files Form 4 Insider Selling : Gerard M Anderson Sells 20,000 Shares

Dte Energy Co (DTE): Gerard M Anderson , Chairman and CEO of Dte Energy Co sold 20,000 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $89.75 per share for a total value of $1,794,960.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Gail J Mcgovern (director) sold 1,000 shares at $84.92 per share price.On Feb 25, 2016, Lisa A. Muschong (Corporate Secretary) sold 1,322 shares at $85.34 per share price.Also, On Feb 24, 2016, Steven E Kurmas (President and COO) sold 12,771 shares at $85.19 per share price.On Feb 23, 2016, Larry E Steward (Sr. Vice President) sold 2,500 shares at $85.31 per share price.

DTE Energy Co: On Wednesday, May 4, 2016 heightened volatility was witnessed in DTE Energy Co which led to swings in the share price. The shares opened for trading at $89.51 and hit $91.95 on the upside , eventually ending the session at $91.21, with a gain of 1.68% or 1.51 points. The heightened volatility saw the trading volume jump to 10,91,050 shares. The 52-week high of the share price is $91.95 and the company has a market cap of $16,366 M . The 52-week low of the share price is at $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.

Leave a Reply

DTE Energy Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on DTE Energy Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.