Entergy Corp /de/ (ETR): Roderick K West , EVP & Chief Admin. Officer of Entergy Corp /de/ sold 64,000 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $75.76 per share for a total value of $4,848,800.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 5, 2016, Haley Fisackerly (other) sold 1,933 shares at $77.19 per share price.On Feb 24, 2016, Hugh T Mcdonald (other) sold 9,666 shares at $73.78 per share price.Also, On Feb 24, 2016, Kimberly H Despeaux (Senior Vice President) sold 3,100 shares at $73.83 per share price.On Jan 27, 2016, William M Mohl (President – EWCB) sold 4,974 shares at $69.50 per share price.
Entergy Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in Entergy Corporation which led to swings in the share price. The shares opened for trading at $76.47 and hit $77.9 on the upside , eventually ending the session at $76.99, with a gain of 0.61% or 0.47 points. The heightened volatility saw the trading volume jump to 18,28,617 shares. The 52-week high of the share price is $80.06 and the company has a market cap of $13,742 M . The 52-week low of the share price is at $61.27.
Company has been under the radar of several Street Analysts.Entergy Corporation is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 12, 2016.Entergy Corporation is Reiterated by Jefferies to Hold and the brokerage firm has raised the Price Target to $ 82.50 from a previous price target of $75.50 .The Rating was issued on Apr 11, 2016.Entergy Corporation is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 1, 2016.Entergy Corporation is Downgraded by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 76 from a previous price target of $75 .Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Feb 19, 2016.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30000 megawatts of aggregate electric generating capacity including approximately 10000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation transmission distribution and sale of electric power to retail and wholesale customers in areas of Arkansas Mississippi Texas and Louisiana including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.