Sempra Energy (SRE): Mark A Snell , President of Sempra Energy sold 50,000 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $103.99 per share for a total value of $5,199,500.00 , 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 4, 2016, William G Ouchi (director) sold 5,000 shares at $97.73 per share price.On Mar 1, 2016, Steven D Davis (Executive Vice President) sold 8,500 shares at $96.29 per share price.Also, On Jan 20, 2016, G Joyce Rowland (Senior VP) sold 76 shares at $89.87 per share price.On Jan 14, 2016, Joseph A Householder (Executive VP and CFO) sold 23,761 shares at $91.64 per share price.
Shares of Sempra Energy (SRE) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.68 points or -0.64% at $104.76 with 12,26,628 shares getting traded. Post opening the session at $105.08, the shares hit an intraday low of $103.59 and an intraday high of $105.21 and the price vacillated in this range throughout the day. The company has a market cap of $26,137 M and the number of outstanding shares has been calculated to be 24,94,96,740 shares. The 52-week high of Sempra Energy is $108.44 and the 52-week low is $86.72.
Company has been under the radar of several Street Analysts.Sempra Energy is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 110 from a previous price target of $111 . The Rating was issued on Feb 29, 2016.
Sempra Energy is a holding company. The Companys principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International which includes Sempra South American Utilities and Sempra Mexico segments and Sempra U.S. Gas & Power which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment includes the operating companies of the Companys subsidiary Infraestructura Energetica Nova S.A.B. de C.V. as well as certain holding companies and risk management activity. SoCalGas and SDG&E sell distribute and transport natural gas. The Company’s units distribute electricity. SoCalGas also provides natural gas storage services.