Calpine Corp (CPN) Files Form 4 Insider Selling : Jack A Fusco Sells 68,000 Shares

Calpine Corp (CPN): Jack A Fusco , director of Calpine Corp sold 68,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $15.76 per share for a total value of $1,071,680.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Jack A Fusco (director) sold 235,000 shares at $14.77 per share price.On Nov 12, 2015, Iii, W. G. Griggs, (EVP & Chief Commercial Officer) purchased 15,000 shares at $14.75 per share price.Also, On May 8, 2015, David C Merritt (director) purchased 14,000 shares at $20.52 per share price.On Feb 26, 2015, Robert A Jr Mosbacher (director) sold 7,500 shares at $22.02 per share price.

Shares of Calpine Corporation (CPN) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -0.88% at $15.86 with 22,30,523 shares getting traded. Post opening the session at $15.96, the shares hit an intraday low of $15.73 and an intraday high of $16.04 and the price vacillated in this range throughout the day. The company has a market cap of $5,694 M and the number of outstanding shares has been calculated to be 35,90,26,390 shares. The 52-week high of Calpine Corporation is $19.98 and the 52-week low is $11.53.

Calpine Corporation Money Flow Index Chart

Calpine Corporation (Calpine) is a wholesale power generator. The Company owns and operates natural gas-fired and geothermal power plants in North America. It sells wholesale power steam capacity renewable energy credits and ancillary services to its customers which include utilities independent electric system operators industrial and agricultural companies retail power providers municipalities power marketers and others. Its segments are West (including geothermal) Texas and East (including Canada). The Company’s portfolio consists of two types of power generation technologies: natural gas-fired combustion turbines which are primarily combined-cycle plants and renewable geothermal conventional steam turbines. It is also an owner and operator of industrial gas turbines as well as cogeneration power plants. It owns 88 power plants including one under construction plant with an aggregate generation capacity of 26548 megawatt (MW) and 309 MW under construction.

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