Idacorp Inc (IDA) Files Form 4 Insider Selling : J Lamont Keen Sells 4,000 Shares

Idacorp Inc (IDA): J Lamont Keen , director of Idacorp Inc sold 4,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $73.86 per share for a total value of $295,448.91 , 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, Lisa A Grow (Sr. VP of Operations (IPC) sold 1,700 shares at $73.49 per share price.On Apr 18, 2016, J Lamont Keen (director) sold 4,000 shares at $73.23 per share price.Also, On Mar 10, 2016, Steven R Keen (SVP, CFO & Treasurer) sold 2,742 shares at $73.32 per share price.On Feb 29, 2016, Tessia Park (VP of Power Supply) sold 275 shares at $73.29 per share price.

IDACORP Inc (IDA) witnessed a volatile trading activity on Friday May 13, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $73.84 and reached the intraday high at $74.11. The bulls started the profit booking and pushed the shares to intraday low of $73. The trading session was marked by a volume range of 2,21,474 shares exchanging hands. The 52-week high of the shares is $74.985 and the 52-week low is $55.4. The market cap of the company stands at $3,726 M and there are 5,04,15,427 shares in public circulation.

IDACORP Inc Money Flow Index Chart

IDACORP Inc. (IDACORP) is a holding company. The Company’s principal operating subsidiary is Idaho Power Company (Idaho Power) which is an electric utility engaged in the generation transmission distribution sale and purchase of electric energy and capacity. IDACORP’s other subsidiaries include IDACORP Financial Services Inc. Ida-West Energy Company and IDACORP Energy Services Co. Idaho Power is also engaged in the sale of electricity to retail and wholesale customers and the provision of transmission service. Idaho Power provides electric utility service to approximately 516000 general business customers in southern Idaho and eastern Oregon. Idaho Power holds franchises in 71 cities in Idaho and nine cities in Oregon and holds certificates to serve all or a portion of 25 counties in Idaho and three counties in Oregon. Idaho Power’s system consists of 17 hydroelectric generating plants three natural gas-fired plants and three coal-fired steam electric generating plants.

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