Dte Energy Co (DTE) Files Form 4 Insider Selling : Lisa A. Muschong Sells 1,075 Shares

Dte Energy Co (DTE): Lisa A. Muschong , Corporate Secretary of Dte Energy Co sold 1,075 shares on Jun 3, 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 $92.79 per share for a total value of $99,748.82 , 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 13, 2016, David E Meador (Vice Chairman and CAO) sold 6,700 shares at $90.14 per share price.On May 4, 2016, Gerard M Anderson (Chairman and CEO) sold 20,000 shares at $89.75 per share price.Also, On Mar 2, 2016, Gail J Mcgovern (director) sold 1,000 shares at $84.92 per share price.On Feb 25, 2016, Lisa A. Muschong (Corporate Secretary) sold 1,322 shares at $85.34 per share price.

DTE Energy Co: On Friday, Jun 3, 2016 heightened volatility was witnessed in DTE Energy Co which led to swings in the share price. The shares opened for trading at $92 and hit $93.27 on the upside , eventually ending the session at $92.83, with a gain of 1.89% or 1.72 points. The heightened volatility saw the trading volume jump to 6,41,654 shares. The 52-week high of the share price is $93.27 and the company has a market cap of $16,657 M . The 52-week low of the share price is at $73.23.

DTE Energy Co Money Flow Index Chart

On May 5, 2016, DTE Energy Co announced a cash dividend of $0.7300. The company’s management has announced Jun 16, 2016 as the ex-dividend date and fixed the record date on Jun 20, 2016. The payable date has been fixed on Jul 15, 2016.

DTE Energy Company (DTE) is an energy company. The Company’s other businesses are involved in natural gas pipelines gathering and storage power and industrial projects and energy marketing and trading operations. Its segments include Electric Gas Gas Storage and Pipelines Power and Industrial Projects Energy Trading and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric which is engaged in the generation purchase distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas which is engaged in the purchase storage transportation distribution and sale of natural gas to approximately 1.2 million residential commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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