Ameren Corp (AEE) Files Form 4 Insider Selling : Richard J Mark Sells 9,300 Shares

Ameren Corp (AEE): Richard J Mark , other of Ameren Corp sold 9,300 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $48.89 per share for a total value of $454,677.00 , the company said in a SEC Form 4 Filing.

Ameren Corp: On Friday, Jun 3, 2016 heightened volatility was witnessed in Ameren Corp which led to swings in the share price. The shares opened for trading at $49.58 and hit $50.25 on the upside , eventually ending the session at $50, with a gain of 1.83% or 0.9 points. The heightened volatility saw the trading volume jump to 19,38,696 shares. The 52-week high of the share price is $51.06 and the company has a market cap of $12,132 M . The 52-week low of the share price is at $37.26.

Ameren Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Ameren Corp is Upgraded by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 55 from a previous price target of $46 .Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Apr 4, 2016.

Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Company’s subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation transmission and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40000 square miles.

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